JPMorgan Bets on IBM Despite Tech Sell-Off

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JPMorgan is bucking the broader tech downturn with a bullish upgrade on IBM stock, signaling confidence in the company's prospects even as the sector faces headwinds. The move comes as other tech stocks struggle, but the investment bank sees value in IBM's fundamentals. Meanwhile, cruise operator Carnival disappointed investors with its latest earnings report, adding to concerns about the travel and leisure sector's recovery trajectory.

JPMorganIBMCarnival