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IBM, Revenue
IBM Misses Third-Quarter Revenue Estimates as Consulting Drags; Shares Fall
While IBM has been expanding its Watsonx platform, which allows users to enhance code for AI programs or deploy chatbots, the AI book is driven by consulting. The book was one-fifth software and four-fifths consulting in the third quarter.
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 business has now topped $3 billion,
IBM stock slips on disappointing consulting and infrastructure revenue
IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled down overall results.
1d
IBM’s New Granite 3.0 AI Models Show Strong Performance On Benchmarks
IBM continues to increase the variety and performance of its Granite AI LLMs, as shown by Hugging Face benchmark results for ...
2d
on MSN
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 ...
1d
IBM Stock Is Still a Buy After Mixed Results
IBM stock has surged over the past year and recently surpassed its decade-old all-time high. It makes sense, then, that ...
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 ...
2d
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 ...
1d
How Much Will IBM Pay Out in Dividends in 2025?
What's in store for IBM's dividends in 2025? Here's how Big Blue's financial trends and payout policies might affect your ...
1d
on MSN
Stock market today: 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 ...
2d
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 ...
3d
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.
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