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IBM slides as federal spending cuts, uncertain economy impact consulting business
Shares of International Business Machines fell over 6% in premarket trading on Thursday after the company said some of its ...
IBM Results Fail to Meet Market Hopes on Concerns About Tariffs, DOGE Cuts
International Business Machines Corp. dropped in extended trading after reporting results that showed strong profit while ...
The leadership team at IBM is really turning the company around, says BofA's Wamsi Mohan
Wamsi Mohan, Bank of America Global Research senior IT hardware analyst, joins 'Squawk Box' to break down IBM's quarterly ...
Is IBM Stock Headed To $170?
On the positive side, IBM exceeded consensus estimates for both earnings and revenue. The company reported earnings per share of $1.60, surpassing the estimate of $1.40. Furthermore, its reported ...
IBM says 15 contracts impacted by DOGE cost cuts, shares drop
International Business Machines said 15 of its government contracts were shelved under a cost-cutting drive by the Trump ...
Elon Musk's DOGE scraps 15 IBM projects making the company break this longstanding practice
Elon Musk's Department of Government Efficiency (DOGE) has canceled 15 federal contracts with IBM, totaling approximately ...
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IBM claims $3.5 billion productivity boost through AI agent use
IBM is taking a ‘Client Zero’ approach to its AI agent business proposition, having rolled out its strategy to 270,000 ...
IBM Set to Benefit from Focus on AI, Automation as Clients Seek Efficiency in Uncertain Economy, CFO Says
IBM guided for sales between $16.4 billion and $16.75 billion, ahead of the $16.31 billion expected by analysts.