$ServiceNow(NOW)$ $IBM(IBM)$ $GraniteShares 2x Long NOW Daily ETF(NOWL)$ $Tradr 2x Long Ibm Daily Etf(IBX)$ The full Q2 earnings release and conference call for IBM are still set for Wednesday, July 22, after the market closes. Management should provide the complete financials, updated guidance, and take analyst questions. The guidance could be interesting.
ServiceNow is also scheduled to report earnings at the same time.
IBM and ServiceNow significantly expanded their partnership in June 2026 with a new multi-year strategic collaboration focused on enterprise AI. It was a major partnership announcement, not an acquisition or merger.
There might be an update on that relationship during the calls.
It's worth considering why IBM released some negative news a week early. Perhaps they wanted to clear that out so it doesn't overshadow what ServiceNow has to say. Maybe both companies have exceptional news or guidance to share. I just find the early release from IBM quite unusual.
I'm personally quite bullish looking ahead to the reports.
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