Tag: $IBM

IBM Stock Rises on Earnings Beat. CEO Says AI Is Helping.

IBM reported fourth-quarter earnings results that came in ahead of Wall Street expectations, citing strong demand for new AI projects

IBM’s Planned $6.4 Billion HashiCorp Takeover Faces U.K. Antitrust Scrutiny

The U.K.’s antitrust watchdog said it was considering whether International Business Machines’ planned $6.4 billion takeover of HashiCorp green up pointing triangle would affect competition.

IBM stock slips on disappointing consulting and infrastructure revenue

IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter.

IBM’s ‘accelerating’ AI demand helps power stock higher after earnings

International Business Machines Corp.’s stock surged more than 8% higher in Wednesday’s extended session after the technology giant topped profit expectations for the latest quarter and called out an uptick in artificial-intelligence demand.

IBM’s third-quarter results beat estimates on resilient software demand

Oct 25 (Reuters) – IT software and consultancy services provider IBM reported third-quarter revenue and profit above Wall Street targets on Wednesday, buoyed by stable demand for its software solutions.

IBM reports earnings beat, but misses on revenue

IBM reported second-quarter earnings Wednesday that topped analysts’ estimates as the company expanded its gross margin. Revenue missed consensus estimates.

IBM Buys Software Firm Apptio for $4.6 Billion

IBM is buying software company Apptio in a $4.6 billion all-cash deal. The company says the acquisition will advance IBM’s automation capabilities.