IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped ...
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit ...
"When you see more growth come from software, that comes with a lot better margins," said Matt Swanson, analyst at RBC ...
Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to ...
International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year ...
Key Takeaways IBM shares soared Thursday after the computing giant posted better-than-expected fourth-quarter earnings, ...
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and ...
IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my buy rating for IBM stock.
IBM shares rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that ...
Adjusted per-share earnings came ahead of Wall Street estimates.
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if ...
IBM's Software segment showed a robust performance this quarter, with revenue growing by 10.4% year over year to $7.9 billion. This was driven by Red Hat's 16% growth and a 15% increase in Automation.