News of the acquisition sent the data streaming platform’s shares up nearly 30% in trading on Monday. IBM announced on Monday it is acquiring Confluent for $11 billion, sending shares of the data ...
(Reuters) -IBM shares dropped more than 6.5% before the bell on Thursday, after growth slowed in its core cloud software segment and spooked investors over Big Blue's ability to seize booming demand ...
Stephanie Link loves IBM's acquisition of Confluent for $11B, Joshua Brown picked Toast, JP Morgan upgraded Toast, Brian Belski chose TopBuild, and Joseph M. Terranova has high hopes for AppLovin's ...
IBM announced its multi-billion-dollar buyout of streaming Confluent as stock shares spiked nearly 30% and IBM at about 1$ after it was revealed.
IBM (IBM) shares have tumbled despite the company posting better-than-expected earnings. Q3 EPS came in at $2.65 and beat analyst estimates of $2.44. Revenue of $16.33 also beat estimates of $16.03, ...
IBM (NYSE:IBM) shares fell 4.8% in extended trading on Wednesday, even as the technology services giant posted third-quarter results and guidance that topped expectations. For the period ending Sept.
IBM’s stock doubled but faces rising debt, slow growth, and high valuation. Click here to explore why IBM’s M&A strategy may limit gains despite AI optimism.
IBM has been achieving AI milestones since before four of the "Magnificent Seven" companies even existed, but it's not a leader in the space today. Even so, it's outperforming Nvidia shares year to ...
IBM’s Upbeat Q3 Results Overshadowed by Slowing Cloud Growth Your email has been sent IBM’s latest quarterly report painted a mixed picture, with robust earnings and strong AI-driven demand, yet ...
Provides integrated solutions spanning software, consulting, infrastructure, and financing, including hybrid cloud platforms and enterprise software. Generates revenue through licensing, subscription, ...