Tag: $IBM

IBM stock rose 0.6% after the company announced a strategic partnership with Groq aimed at accelerating enterprise AI deployment through faster agentic AI capabilities.

Shares of IBM are trading nearly 7% in Tuesday’s pre-market trading after announcing a strategic partnership with Anthropic to integrate Claude AI into IBM’s software portfolio.

IBM (IBM.N),beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand for the mainframe business spurred by AI upgrades.

International Business Machines (IBM.N), on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.

IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump administration’s push for local manufacturing.

International Business Machines Corp. reported better-than-expected quarterly revenue and profit, quieting investor fears of economic disruption from tariffs and federal cost cuts.

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

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 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.

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.

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

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.