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 8% 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 shares surge 10% on earnings beat
The shares rose 10% in extended trading. It's the largest rise in IBM's stock price since March 2020. Here's how the company did versus LSEG consensus expectations:
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.
IBM profits beat expectations, and stock rallies
Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.
IBM Stock Rises on Earnings Beat. CEO Says AI Is Helping.
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.
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.
IBM Shares Jump on Strong Sales Outlook, AI Bookings
International Business Machines Corp. gained in extended trading after projecting strong revenue growth in the new fiscal ...
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IBM jumps as Q4 results, guidance for 2025 buoyed by AI
IBM (NYSE:IBM) shares were active in late trading on Wednesday after the IT giant reported fourth-quarter results. Read for ...
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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 ...
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 ...