Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports.
Treasuries rebounded after days of losses.A gauge of the “Magnificent Seven” hit a three-month high, with Tesla Inc. up 20% ...
IBM shares fell about 5% in premarket trading on Thursday, as reduced enterprise spending on non-GenAI projects pressured its ...
Wall Street drifted to a mixed finish Thursday after Tesla surged to one of the best days in its history, while IBM slumped ...
The S&P 500 and the Nasdaq rebounded on Thursday, after Tesla's upbeat earnings forecast lifted market sentiment following a ...
IBM's Q3 '24 earnings report revealed weak growth, with only a 1.5% YoY increase, despite AI hype. Read more on IBM stock ...
IBM shares are dropping 5% in premarket trading Thursday, weighing on Dow Jones Industrial Average futures, after its ...
Big Blue has reported its financial results for the third quarter of 2024, and the thing that stands out most is not the ...
IBM has grown out its software division in the five years since it acquired open-source solution provider Red Hat for $34 ...
Revenue grew 5.4% year-over-year to $22.2 billion, led by robust volume growth in the U.S. Domestic segment. Growth in the ...
IBM's AI advancements and strong growth in software are key factors in projecting a fair value of $300 per share and a ...
IBM reported third-quarter revenues of $15 billion, short of expectations, "as Infra (6% miss) and Consulting (1% miss) ...