International Business Machines is a multinational technology company that specializes in providing a wide range of services and products in the fields of information technology, cloud computing, and artificial intelligence. The company is renowned for its commitment to innovation, offering advanced hardware and software solutions, including mainframe computers, data analytics, and enterprise software. IBM also focuses on consulting services, helping organizations adopt digital transformation strategies and optimize their operations, while maintaining a strong emphasis on research and development to drive future technological advancements. Read More
Analysts' exuberance for AI stocks remains strong despite relatively low adoption in the workplace. What's an investor to do in light of this disconnect?
Digital infrastructure provider Applied Digital (NASDAQ:APLD) will be announcing earnings results this Wednesday after market hours. Here’s what to expect.
As AI takes hold in the customer service sector, and is rolled out in popular POS and CRM systems, TTEC says new hard skills development training software and systems are needed for customer service employees.
Microsoft Corporation (NASDAQ:MSFT), one of the world’s most influential technology companies, has shaped the modern digital era through innovation, strategic dominance, and adaptive evolution. From its humble beginnings in a garage to becoming a multi-trillion-dollar software and cloud computing juggernaut, Microsoft’s journey is a case study in
International Business Machines Corp. produced strong free cash flow guidance in its July 23 Q2 earnings release. Management said it now expects over $13.5 billion in FCF this year.
Technology and consulting giant IBM (NYSE:IBM) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 7.7% year on year to $16.98 billion. On the other hand, next quarter’s revenue guidance of $15.72 billion was less impressive, coming in 2.3% below analysts’ estimates. Its non-GAAP profit of $2.80 per share was 5.5% above analysts’ consensus estimates.
Last quarter, International Business Machines Corporation announced the acquisition of Hakkoda Inc., a New York-based leading global data and AI consultancy, for an undisclosed sum.
On Thursday, the major averages closed on a mixed note, with a fall in weekly jobless claims and some positive earnings reports helping the S&P 500 Index and the Nasdaq Composite to hit fresh highs.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Thursday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Wedbush analyst maintains Outperform rating and $325 price forecast for IBM. Strong fiscal Q2 results and reaffirmed full-year guidance. AI book of business accelerates to $7.5 billion.
Shares of technology and consulting giant IBM (NYSE:IBM) fell 7.8% in the afternoon session after the company's second-quarter earnings report revealed that revenue from its software division missed analyst expectations, overshadowing an otherwise strong quarter. The technology giant surpassed Wall Street's forecasts for both overall revenue and profit. However, the underperformance in the crucial software segment raised concerns among investors about the growth trajectory for its key artificial intelligence (AI) and hybrid cloud businesses. Adding to the negative sentiment, CEO Arvind Krishna offered cautious commentary during the company's earnings call. This combination prompted a sell-off as the specific miss in a high-growth area outweighed the broader earnings beat.
Let's take a look at the S&P500 stocks that are experiencing notable price gaps in today's session on Thursday. Discover the gap up and gap down stocks in the S&P500 index.
