International Business Machines reported mixed earnings for Q3 2024, with strong Software growth offset by Infrastructure ...
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
IBM's AI advancements and strong growth in software are key factors in projecting a fair value of $300 per share and a ...
Red Hat, the open source software firm IBM bought out in 2019 for $34 billion, has nearly doubled its revenue since being ...
The revenue miss sent IBM shares down over 3% in extended hours trading. Executives put a positive face on the numbers, ...
IBM has grown out its software division in the five years since it acquired open-source solution provider Red Hat for $34 ...
Big Blue has reported its financial results for the third quarter of 2024, and the thing that stands out most is not the ...
IBM CEO Arvind Krishna said the last quarter saw Big Blue’s enterprise AI business “gain traction” growing $1 billion quarter ...
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 ...
Analyst Wamsi Mohan from Bank of America Securities reiterated a Buy rating on International Business Machines (IBM – Research Report) ...
IBM failed to meet Wall Street’s revenue expectations for Q3, impacted by weaker performance in its consulting and ...
An uncertain macroeconomic backdrop has prompted businesses to prioritise expenses on long-term consulting projects centred ...