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Mixed Q3 Results Doesn't Change The Big Picture
Is IBM Stock a Buy, Sell, or Hold After Q3 Earnings?
Technology and consulting giant IBM (IBM) just released its Q3 earnings, showing mixed results that left investors disappointed. While the company exceeded profitability expectations, its revenue fell short,
IBM Stock: Mixed Q3 Results Doesn't Change The Big Picture - Bullish
International Business Machines is posting strong growth from its software segment, driving sharply higher profitability margins. Learn more about IBM stock here.
Why IBM Stock Is Falling Today
Even with today's pullback, IBM stock is up roughly 33% across 2024's trading and roughly 59% over the last year. The big gains appear to have primarily been driven by excitement surrounding the company's opportunities in artificial intelligence ( AI ).
3d
on MSN
IBM dips as Q3 2024 revenue falls short of market expectations
IBM (NYSE:IBM) dipped 4% during post-market trading Wednesday after its third quarter 2024 financial results demonstrated ...
3d
IBM CEO says Q3 performance led by double-digit growth in Software
Our third-quarter performance was led by double-digit growth in Software, including a re-acceleration in Red Hat. We continue to see ...
Techopedia
2d
IBM Misses Q3 Revenue Estimates After Mixed Segment Performances
IBM failed to meet Wall Street’s revenue expectations for Q3, impacted by weaker performance in its consulting and ...
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
IBM's AI Surge Amid Pension Hit
International Business Machines reported mixed earnings for Q3 2024, with strong Software growth offset by Infrastructure ...
3d
Here’s what Wall Street is saying about IBM ahead of earnings
IBM (IBM) is scheduled to report results of its fiscal third quarter after the market close on October 23, with a conference call scheduled for ...
3d
IBM Q3 Earnings: Software Revenue Jumps 10% On 'Great Momentum' In AI, But Consulting Revenue Comes In Flat, Infrastructure Revenue Falls 7%
IBM reports third-quarter revenue of $14.968 billion, missing the consensus estimate of $15.07 billion, according to Benzinga Pro. The company reports quarterly loss from continuing operations of 34 ...
Computing
1d
Out with the old: IBM mainframe sales slump, while ServiceNow revenues grow
IBM’s mainframe upgrade cycle drew to a juddering halt in the third quarter as sales of the z16, introduced in 2022, fell by ...
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 ...
Investor's Business Daily on MSN
3d
IBM Stock Falls. Q3 Earnings Beat Expectations But Revenue Short Of Views.
With a 70% rally over the past 12 months, IBM stock is trading at record levels ahead of an important Q3 report Wednesday.
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