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IBM Stock Falls
IBM Stock Sinks as Quarterly Sales Disappoint
KEY TAKEAWAYS IBM shares are dropping 5% in premarket trading Thursday, weighing on Dow Jones Industrial Average futures, after its quarterly revenue fell short of Wall Street estimates.The company reported third-quarter revenue of $14.
IBM Stock Falls After Revenue Misses Wall Street Forecasts
International Business Machines (IBM) stock fell, after quarterly revenue undershot consensus estimates. While sales rose from a year earlier, boosted by high demand for artificial intelligence-related offerings,
Why IBM Stock Is Falling Today
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 company's opportunities in artificial intelligence ( AI ).
1d
on MSN
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
13h
IBM: Back To Reality Soon
IBM's Q3 '24 earnings report revealed weak growth, with only a 1.5% YoY increase, despite AI hype. Read more on IBM stock ...
1d
IBM misses third-quarter revenue estimates as consulting drags; shares fall
International Business Machines beat analysts' estimates for third-quarter profit on Wednesday, helped by robust growth in ...
1d
IBM revenue misses, but execs say AI will drive future growth
The revenue miss sent IBM shares down over 3% in extended hours trading. Executives put a positive face on the numbers, ...
1d
on MSN
IBM's consulting business is getting incrementally worse, says Evercore ISI's Amit Daryanani
Amit Daryanani, Evercore ISI Senior Managing Director, joins 'Closing Bell Overtime' to talk IBM earnings. Meet the richest ...
1d
IBM stock slips on disappointing consulting and infrastructure revenue
IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled ...
9h
on MSN
Wall Street finishes mixed after Tesla soars and IBM slumps
Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports.
1d
IBM: Q3, Strong Software Growth Offset By Temporary Weakness In Consulting
IBM's AI advancements and strong growth in software are key factors in projecting a fair value of $300 per share and a ...
1d
IBM's AI Surge Amid Pension Hit
International Business Machines reported mixed earnings for Q3 2024, with strong Software growth offset by Infrastructure ...
1d
IBM Granite 3.0: Practical Open-Source LLM For Enterprise Applications
IBM has made Granite models available under the Apache 2.0 license, which is a permissive open-source license. This means ...
3d
on MSN
AI for business: IBM unveils new open source AI ‘Granite 3.0’ models for business
IBM is rolling out new AI models, which it claims outperforms other popular large language models (LLMs).View on euronews ...
CRN
10h
IBM CEO: AI Business Grows $1 Billion With ‘Good Traction’ Since Last Quarter While Consulting Is Flat
IBM CEO Arvind Krishna said the last quarter saw Big Blue’s enterprise AI business “gain traction” growing $1 billion quarter ...
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