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IBM, Tesla and Wall Street
Wall Street finishes mixed after Tesla soars and IBM slumps
Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports.
Stock market today: Wall Street drifts as IBM's drop helps cancel out Tesla's surge
Wall Street is drifting Thursday following a rush of profit reports from big U.S. companies, as a sharp drop for IBM helps cancel out a surge for Tesla. The S&P 500 was 0.2% higher in afternoon trading.
Stock market today: Wall Street finishes mixed after Tesla soars and IBM slumps
Wall Street drifted to a mixed finish Thursday after Tesla surged to one of the best days in its history, while IBM slumped to its worst in six months. The S&P 500 rose 0.2% to break its first three-day losing streak since early September.
IBM Stock Falls
IBM Stock Takes a Rare Tumble After Earnings: What to Know
IBM stock is chipping away at its impressive year-to-date return after a Q3 revenue miss, but one analyst isn't worried. Here's why.
Why IBM Stock Is Falling Today
Even with today's pullback, IBM stock is up roughly 33% across 2024's trading and roughly 59% over the last year. The big gains appear to have primarily been driven by excitement surrounding the company's opportunities in artificial intelligence ( AI ).
IBM Stock Falls After Revenue Misses Wall Street Forecasts
International Business Machines (IBM) stock fell, after quarterly revenue undershot consensus estimates. While sales rose from a year earlier, boosted by high demand for artificial intelligence-related offerings,
10h
IBM falls as slowing enterprise spending pressure consulting growth
IBM shares fell about 5% in premarket trading on Thursday, as reduced enterprise spending on non-GenAI projects pressured its ...
4h
on MSN
Wall Street Juggles Earnings as Tesla Up, IBM Down: Markets Wrap
Treasuries rebounded after days of losses.A gauge of the “Magnificent Seven” hit a three-month high, with Tesla Inc. up 20% ...
3h
Has IBM’s stock hit its peak?
IBM faces mixed earnings with strong software gains but consulting challenges. Is the stock losing steam at key resistance ...
6h
IBM: Back To Reality Soon
IBM's Q3 '24 earnings report revealed weak growth, with only a 1.5% YoY increase, despite AI hype. Read more on IBM stock ...
CIO Dive
2h
IBM leans into software as infrastructure revenue slides
IBM has grown out its software division in the five years since it acquired open-source solution provider Red Hat for $34 ...
The Next Platform
2h
IBM’s Red Hat Acquisition Will Pay For Itself By Early Next Year
Big Blue has reported its financial results for the third quarter of 2024, and the thing that stands out most is not the ...
6h
on MSN
IBM Posts Mixed Q3 Results, These Analysts Differ On Prospects
IBM reported third-quarter revenues of $15 billion, short of expectations, "as Infra (6% miss) and Consulting (1% miss) ...
1d
Earnings Preview: What To Expect From IBM
IBM Inc. scheduled to report earnings after Wednesday’s close. Here's a closer look at what Wall Street expects.
1d
IBM misses third-quarter revenue estimates as consulting drags; shares fall
International Business Machines beat analysts' estimates for third-quarter profit on Wednesday, helped by robust growth in ...
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Artificial intelligence
AI
Q3
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