On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 ...

IBM lowered its revenue growth forecast to four to five percent after mainframe Z system sales fell 42 percent in the second quarter IBM cut its full-year sales outlook on Wednesday after reporting a ...

IBM's results trailed estimates, even after analysts lowered projections to reflect an earnings warning. The revenue and adjusted earnings per share were in line with the figures released a week ago.

CNBC's Jon Fortt joins 'Closing Bell Overtime' with IBM quarterly results. Schumer claims victory as Senate moves to avert shutdown — GOP says he got played Watch how it moves - this $150,000 robot ...

International Business Machines Corp.’s warning this week that its sales are falling well short of expectations highlights a growing divide between artificial intelligence winners and everyone else in ...

IBM cratered 25% in its worst single session since 1968 on a Q2 revenue miss, yet Wall Street's $295 consensus target implies 37% upside. Oracle is down 33% and Accenture down 49% year to date as ...

IBM expects its second-quarter revenue to grow by just 1% to $17.2 billion, with earnings per share down 2% to $2.27. Both figures were below Wall Street's estimates, which had called for revenue of ...

IBM’s stock suffered its worst trading day since 1968 on Tuesday after the company admitted it had “faltered” in adapting to the tech industry’s spending shift toward the artificial intelligence race.

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Colin is a Senior Writer of tech and financial news. He has more than three years of experience writing, editing, proofreading, and fact-checking content. He received his M.A. in journalism from The ...

International Business Machines IBM0.86%increase; up pointing triangle shares sank as much as 25% in morning trading after the company issued a profit warning citing a shift in customer spending from ...