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IBM beats profit estimates
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.
IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and offerings.
IBM Stock Price Surges 14% To Reach All-Time High as Investors Welcome AI Revenue Boost
IBM's stock price jump on 30th January was the biggest one-day percentage gain ever recorded in the company's history on the back of strong Q4 2024 results boosted by AI revenue.
1d
on MSN
IBM’s CEO touted DeepSeek AI as a validation of his strategy in a post-earnings victory lap as shares surge 12%
IBM’s strong Q4 earnings, driven by AI momentum, set off a 12% stock surge as CEO Arvind Krishna highlighted DeepSeek’s ...
CIO Dive
1h
IBM gears up to roll out AI-ready mainframe midyear
We see more opportunities ahead as our infrastructure solutions play a crucial role in helping clients bring AI workloads ...
2d
IBM Shares Jump on Strong Sales Outlook and AI Bookings
International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year ...
1d
Should You Pick IBM Stock At $250?
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for ...
1d
IBM's Q4 Review: AI Renaissance Continues To Defy Naysayers
IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my ...
1d
DeepSeek's AI earthquake reshapes Triangle's tech outlook
DeepSeek's sudden emergence is shaking up the tech scene. That could be good news for small startup companies.
The Next Platform
1d
IBM Takes The Patient Path To Future GenAI Profits
While the hyperscalers and cloud builders provide the best indicator of what it takes to create state of the art GenAI models ...
23h
on MSN
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
1d
on MSN
Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
IBM shares rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that ...
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Artificial intelligence
Red Hat
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