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 ...
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% ...
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 ...
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 Dive2h
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 Platform2h
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 ...
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) ...
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.
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 ...