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IBM beats profit estimates
IBM Stock Rises on AI Demand, Earnings Boost
Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,
IBM shares rise 9% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
IBM beats profit estimates as software business surges, shares rise
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading.
CRN
5h
IBM CEO: GenAI With Consulting Driving Future Growth
Arvind Krishna told financial analysts that IBM investments in AI and consulting will help drive the company’s business going ...
8h
IBM reports Q4 adjusted EPS $3.92, consensus $3.78
Reports Q4 revenue $17.6B, consensus $17.54B. “We closed the year with double-digit revenue growth in Software for the quarter, led by further ...
8h
on MSN
IBM registra un fuerte crecimiento de las ventas y un aumento en las reservas de IA
International Business Machines Corp. informó ventas y ganancia trimestrales mejores que lo previsto, así como un aumento de ...
8h
on MSN
Continued AI Demand Drives IBM’s Revenue Higher
IBM logged higher revenue in the fourth quarter, driven by its artificial-intelligence strategy. Adjusted per-share earnings ...
11h
Here’s what Wall Street is saying about IBM ahead of earnings
IBM (IBM) is scheduled to report results of its fiscal fourth quarter after the market close on January 29, with a conference call scheduled ...
Hosted on MSN
13h
IBM Stock Inches Up Ahead Of Q4 Earnings Despite Cautious Analyst Outlook: Retail Remains Uncertain
International Business Machines Corp. (IBM) stock edged up 0.6% in morning trading Wednesday ahead of its fourth-quarter ...
Network World
1d
IBM targets mainframe customers with prebuilt AI training modules
IBM Synthetic Data Sets are designed to help with training or fine-tuning AI models quickly on IBM Z and LinuxONE mainframes.
8h
IBM sees FY25 constant currency revenue growth of at least 5%
Revenue: The company expects full-year constant currency revenue growth of at least 5%, consensus $65.45B. At current foreign exchange rates, ...
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