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IBM Stock Falls
IBM Stock Takes a Rare Tumble After Earnings: What to Know
IBM stock is chipping away at its impressive year-to-date return after a Q3 revenue miss, but one analyst isn't worried. Here's why.
Why IBM Stock Is Falling Today
Even with today's pullback, IBM stock is up roughly 33% across 2024's trading and roughly 59% over the last year. The big gains appear to have primarily been driven by excitement surrounding the company's opportunities in artificial intelligence ( AI ).
IBM Stock Falls After Revenue Misses Wall Street Forecasts
International Business Machines (IBM) stock fell, after quarterly revenue undershot consensus estimates. While sales rose from a year earlier, boosted by high demand for artificial intelligence-related offerings,
Here’s what Wall Street is saying about IBM ahead of earnings
IBM (IBM) is scheduled to report results of its fiscal third quarter after the market close on October 23, with a conference call scheduled for
Dow, Tesla and IBM
Tesla surge drives S&P 500, Nasdaq higher; IBM weighs on Dow
The S&P 500 and the Nasdaq rebounded on Thursday, after Tesla's upbeat earnings forecast lifted market sentiment following a selloff in the previous session, kicking off megacap results on a promising note.
Tesla Lifts Nasdaq While IBM, Boeing Weigh On Dow
Wall Street stocks mostly rose early Thursday following strong earnings from Tesla, but the Dow was dragged lower by IBM results and a vote of workers prolonging the Boeing strike.
Nasdaq, S&P, Dow trade mixed after Tesla's robust earnings report
Wall Street averages were mixed on Thursday, after a strong earnings report from Tesla (TSLA) brought cheer to investors. Early on and the Nasdaq Composite (COMP:IND) was +0.4%, the S&P 500 (SP500) was +0.
1h
on MSN
Wall Street Juggles Earnings as Tesla Up, IBM Down: Markets Wrap
Treasuries rebounded after days of losses.A gauge of the “Magnificent Seven” hit a three-month high, with Tesla Inc. up 20% ...
CRN
40m
IBM CEO: AI Business Grows $1 Billion With ‘Good Traction’ Since Last Quarter While Consulting Is Flat
IBM CEO Arvind Krishna said the last quarter saw Big Blue’s enterprise AI business “gain traction” growing $1 billion quarter ...
46m
Has IBM’s stock hit its peak?
IBM faces mixed earnings with strong software gains but consulting challenges. Is the stock losing steam at key resistance ...
23h
IBM misses third-quarter revenue estimates as consulting drags; shares fall
International Business Machines beat analysts' estimates for third-quarter profit on Wednesday, helped by robust growth in ...
23h
on MSN
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
3h
on MSN
IBM Posts Mixed Q3 Results, These Analysts Differ On Prospects
IBM reported third-quarter revenues of $15 billion, short of expectations, "as Infra (6% miss) and Consulting (1% miss) ...
6h
on MSN
IBM falls as slowing enterprise spending pressure consulting growth
(Reuters) -IBM shares fell more than 6% on Thursday, as reduced enterprise spending on non-GenAI projects pressured its ...
1d
Earnings Preview: What To Expect From IBM
IBM Inc. scheduled to report earnings after Wednesday’s close. Here's a closer look at what Wall Street expects.
2h
Red Hat revenue has doubled since IBM buyout
Red Hat, the open source software firm IBM bought out in 2019 for $34 billion, has nearly doubled its revenue since being ...
3h
IBM: Back To Reality Soon
IBM's Q3 '24 earnings report revealed weak growth, with only a 1.5% YoY increase, despite AI hype. Read more on IBM stock ...
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