In today’s CEO Daily: Diane Brady on IBM’s new Manhattan HQ.
The big story: Trump complains Xi is ‘extremely hard to make a deal with’.
The markets: Up despite China deal and metals tariffs drama.
Analyst notes from Convera, EY, and UBS.
Plus: All the news and watercooler chat from Fortune.
Good morning. Is IBM cool again? During a NY Tech Week reception last night at IBM’s new Manhattan headquarters, I quietly asked that question to some attendees. One person cited Watson, the early chatbot that famously won Jeopardy! in 2011, as proof of both the company’s pioneering innovation, and its ability to lose a big lead. Others pointed to a positive shift that’s happened since Arvind Krishna became CEO of Big Blue in April 2020, both in terms of the stock price and meaningful growth in realms like AI.
My colleague Sharon Goldman explores IBM’s rebound in our Fortune 500 package that published this week. In many ways, it’s a model of resilience, having appe
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