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Zacks Investment Research on MSNWhy IBM (IBM) Outpaced the Stock Market TodayIn the latest trading session, IBM (IBM) closed at $289.18, marking a +2.92% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.96%. Elsewhere, the Dow ...
Key Takeaways IBM Stock hits record levels fueled by major advancements in quantum computing technology.The Watsonx AI ...
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Unsurprisingly, the differing results of IBM's segments affected its financial performance. In 2024, revenue of $63 billion grew by 1% yearly. Moreover, its 2024 net income actually fell to $6.0 ...
The tech company’s shares were up 1.5% at the closing bell Tuesday after it unveiled plans for a large-scale, fault-tolerant ...
IBM stock surged over 8% post the results announcement. However, it seems to be fully valued now. IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%.
IBM said fourth-quarter revenue increased 4% year-over-year to $17.38 billion, which beat the consensus estimate of $17.3 billion. "Client demand for AI is accelerating," says Arvind Krishna ...
IBM stock is chipping away at its impressive year-to-date return after a Q3 revenue miss, ... "Our third-quarter performance was led by double-digit growth in Software, ...
Evaluate IBM's (IBM) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
IBM stock now trades near all-time highs. The hybrid cloud and AI-oriented software segment helped counter the stagnant performance of its legacy segments. IBM's valuation may give some investors ...
International Business Machines (NYSE: IBM) stock surged 14% higher following its fourth-quarter and 2024 earnings report. Under CEO Arvind Krishna, the company has redefined itself as primarily a ...
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