Software stocks falling on the back of International Business Machines releasing a bleak earnings warning, causing the stock to lose a fourth of its value. The traders break down what the plummet means for the broader software market and why the fall could be a buying opportunity. Then, the June CPI results coming in softer than expected, cooling from months-long upward moves. Former Dallas Fed president Richard Fisher gives his thoughts on what the reversal means for Fed policy and why he isn’t saying goodbye to inflation yet. Plus, bank earnings season kicking off with Goldman Sachs soaring but Citigroup sinking, the latest on the Iran blockade, what’s next for SK Hynix.<br><br>Fast Money Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Software Sinks After IBM Losses… And a June CPI Reversal 7/14/26

CNBC's "Fast Money"

This episode is brought to you by Schwab Market Update, an original podcast from Charles Schwab. Join host Keith Lansford for this information-packed daily market preview delivered in 10 minutes or less, including projected stock updates, monetary policy decisions, and key results and statistics that may impact your trading. Download the latest episode and subscribe at schwab.com slash marketupdatepodcast or find Schwab Market Update wherever you get your podcasts.

Which are America's top states for business? Get all the data and complete state-by-state analysis. See how your state measures up. America's top states for business. See the full list now at topstates.cnbc.com. Live from the Nasdaq Market Site in the heart of New York City's Times Square, this is Fast Money. Here's what's on tap tonight. A software shocker. Shares of IBM seeing their worst day on record after a stark warning for its latest quarter

is the move justified or is this an opportunity to buy into the stock? In a bank bifurcation, we dig into the results that had Goldman Sachs and Citigroup moving in vastly different directions. Tonight, one top analyst gives us his thoughts on the names. Plus, Bitcoin gets a bounce. Hospital operator HCA drops on weak guidance. And SK Hynix rebounds in a big way. What is powering the chip stock in its third day on the Nasdaq? And how are options traders positioning amid the move? I'm Melissa Lee. Come to you live from Studio B at the Nasdaq.

On the desk tonight, Tim Seymour, Karen Feinerman, Steve Grasso, and Guy Adami. We start off with a big bummer for Big Blue. I like that. Alliteration. IBM losing a quarter of its value today. That is nearly $70 billion in market cap. The move cutting a whopping 450 points off the Dow.

Software Sinks After IBM Losses… And a June CPI Reversal 7/14/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Software Sinks After IBM Losses… And a June CPI Reversal 7/14/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.