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IBM Stock Falls
IBM revenue misses, but execs say AI will drive future growth
The revenue miss sent IBM shares down over 3% in extended hours trading. Executives put a positive face on the numbers, saying the software business, which now constitutes 45% of overall revenue, grew 10% from a year earlier, to $6.5 billion, ahead of the $6.4 billion analysts had predicted.
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,
Why IBM Stock Is Falling Today
IBM serves up mixed Q3 results. IBM reported non-GAAP (adjusted) earnings per share of $2.30 on revenue of $14.97 billion in Q3. Meanwhile, the average analyst estimate had called
3d
on MSN
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
14h
IBM Posts Higher Revenue, Boosted by AI Demand, but Stock Falls on Weakness Elsewhere
International Business Machines posted higher revenue in the third quarter as demand for artificial intelligence offset a shaky consulting environment. The tech company's generative AI book of ...
1d
Google, Adobe and IBM are aiming to help millions gain AI skills—here's what to know
As major tech companies like Google and IBM develop new AI tools, they’re also pouring money into programs designed to teach ...
InfoWorld
5d
IBM works to address the developer skills gap with AI
The watsonx Code Assistant uses the newly announced Granite 3.0 models to provide general-purpose coding assistance across ...
1d
Should Investors Buy IBM Stock for its Quantum Potential?
IBM — International Business Machines Corporation — (IBM) stock has surged in 2024, outpacing the rest of the market and ...
Impacts
5d
IBM Unveils New AI Models For Businesses
IBM on Monday released the latest version of its artificial intelligence models catered towards businesses, looking to ...
7d
Think IBM Stock Is Expensive? This Chart Might Change Your Mind.
In this context, IBM appears downright cheap with a deep discount next to the group of "Magnificent Seven" stocks like Amazon ...
5d
on MSN
IBM releases new AI models for businesses as genAI competition heats up
IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to ...
5d
IBM Expands Open-Source AI with Granite 3.0, Empowering Enterprise Flexibility
International Business Machines Corp (NYSE:IBM) showcased its latest advancement in artificial intelligence with the release ...
5d
IBM releases new Granite foundation models under ‘permissive’ Apache license
The company is also unveiling a new generation of its watsonx Code Assistant for application development and modernization.
5d
IBM's Triangle team leads AI innovation
Research Triangle Park team leads next-generation AI model development. IBM's Red Hat acquisition catalyzed open-source AI ...
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