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 continues to increase the variety and performance of its Granite AI LLMs, as shown by Hugging Face benchmark results for ...
IBM shares fell about 5% in premarket trading on Thursday, as reduced enterprise spending on non-GenAI projects pressured its ...
IBM stock has surged over the past year and recently surpassed its decade-old all-time high. It makes sense, then, that ...
IBM — International Business Machines Corporation — (IBM) stock has surged in 2024, outpacing the rest of the market and ...
IBM faces mixed earnings with strong software gains but consulting challenges. Is the stock losing steam at key resistance ...
What's in store for IBM's dividends in 2025? Here's how Big Blue's financial trends and payout policies might affect your ...
Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports ...
IBM's Q3 '24 earnings report revealed weak growth, with only a 1.5% YoY increase, despite AI hype. Read more on IBM stock ...
IBM Inc. scheduled to report earnings after Wednesday’s close. Here's a closer look at what Wall Street expects.
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