Jenny Horne turns to the earnings front ahead of the opening bell. On IBM Corp. (IBM), the legacy tech company posted an earnings beat and reiterated guidance. However, Jenny notes commentary from the CFO on businesses rethinking spending. American Airlines (AAL) and Southwest Airlines (LUV) shared similar concerns by withholding guidance, a "stark contrast" from how United Airlines (UAL) tackled the tariff headwinds.
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