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IBM CEO Arvind Krishna claimed that geopolitical concerns and weaker U.S. federal spending were to blame for slower client ...
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InvestorsHub on MSNIBM Shares Fall Over 5% as Software Segment Struggles Despite AI Mainframe GainsShares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the ...
IBM shares fell on Thursday after the company’s software revenue missed estimates though it recorded strong year-over-year ...
IBM (IBM, Financials) shares sank about 6% in after-hours trading on Wednesday after the firm announced second-quarter ...
Today's bear gap has IBM dropping to its lowest levels since mid-May, moving sharply away from its June 25 record high of ...
IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...
IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its ...
IBM Corp. beat expectations on second-quarter earnings and revenue today, aided by strong sales of new mainframe hardware ...
We also think IBM's AI-related software revenue, while still a minority of AI-specific revenue (with the majority being consulting bookings), should grow at a more accelerated rate over time.
A McKinsey report puts the global market potential of the new technology in the areas of marketing, sales, and supply chain ...
IBM posted an adjusted profit of $1.60 per share, $0.20 more than the average of analysts surveyed by Visible Alpha. Revenue rose 0.5% year-over-year to $14.54 billion, also ahead of forecasts.
IBM's AI Book of Business — a combination of bookings and actual sales across various products — stood at more than $5 billion inception-to-date, up about $2 billion from the third quarter.
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