Shares of Tesla and United Airlines after reporting their second quarter results today


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This crucial part of IBM grew by 77%

International Business Machines (NYSE: IBM) reported generally positive second quarter results. Revenue and adjusted profit exceeded expectations, with double-digit constant currency sales growth in the software, consulting and infrastructure segments. Changes in exchange rates will drive revenue growth up about 6 percentage points for the full year, and the company has trimmed its free cash flow outlook slightly to about $10 billion.