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IBM, AI
IBM beats profit estimates as software business surges on AI shift
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending. The company's software segment recorded its biggest revenue jump in five years,
IBM shares rise 9% on earnings beat
The shares rose 10% in extended trading. It's the largest rise in IBM's stock price since March 2020. Here's how the company did versus LSEG consensus expectations:
IBM Stock Rises on AI Demand, Earnings Boost
Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,
IBM Stock Tests New Record High
Should You Pick IBM Stock At $250?
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if you want upside with a smoother ride than an individual stock,
IBM Stock Tests New Record High After Earnings
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the highest close on record,
Why IBM Stock Was Up 14% Today
International Business Machines (NYSE: IBM) stock soared 13.6% through 11:10 a.m. Thursday morning after the tech giant beat on both sales and earnings last night. Analysts had forecast IBM would earn $3.
2h
IBM stock rockets to new all-time high on AI bookings
Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to ...
8h
IBM’s Strong Free Cash Flow and Software Growth Propel Buy Rating
Analyst Wamsi Mohan from Bank of America Securities reiterated a Buy rating on International Business Machines (IBM – Research Report) and ...
4h
IBM rallies nearly 14%, heads for best day ever on strong earnings
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
10h
IBM's Q4 Review: AI Renaissance Continues To Defy Naysayers
IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my ...
1h
on MSN
IBM Stock Price Surges 14% To Reach All-Time High as Investors Welcome AI Revenue Boost
IBM's stock price jump on 30th January was the biggest one-day percentage gain ever recorded in the company's history on the ...
19h
IBM stock soars on strong profit and bullish 2025 forecast
IBM Corp. met analysts’ revenue estimates in the fourth quarter, but investors chose to focus on profit and a strong 2025 ...
23h
IBM Shares Jump on Strong Sales Outlook and AI Bookings
International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year ...
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