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IBM FINANCIAL RESULTS
US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to ChinaUS stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...
US stock market today: Dow Jones, S&P 500, and Nasdaq navigate Iran tensions and inflation fears — could soaring oil prices and AI mania trigger Wall Street’s next big warning?US stock market today is navigating a delicate balance between geopolitical risk and inflation uncertainty. The Dow Jones edged up 0.01% to...
Kyndryl plans job cuts, forecasts pretax profit below estimatesSoftware firm Kyndryl announced job cuts and a new cost-saving plan. The company expects annual pretax profit to be lower than Wall Street ...
US Stock Market: IBM shares slide after software weakness clouds Q1 resultsIBM shares fell in after-hours trading after its Q1 results signalled a slowdown in revenue growth, particularly in its software division. ...
IBM revenue growth slows on AI worries; shares fallIBM's first-quarter revenue growth slowed to 9%, raising concerns about AI's impact on its software business, particularly after a rival to...
AI-boosted hacks with Anthropic's Mythos could have dire consequences for banksThe model, announced April 7, is the company's "most capable yet for coding and agentic tasks," the company said in a blog post, referring ...
Iran War: Trump talks of Operation Epic Fury's endgame in two-three weeks without Tehran pact, gives D-St hopeIran War: America may soon end its military actions against Iran. President Trump indicated a withdrawal within weeks. This comes as Iran t...
IBM to cut thousands of workers amid AI boomIBM plans to cut thousands of jobs as it shifts focus to AI consulting and software, affecting a small percentage of its 270,000-strong wor...
IBM reports revenue declines for third straight quarterThe company's third-quarter results showed that global business services which include consulting, application management and global proces...
India sole emerging market bright-spot in IBM Q2 resultsIndia was the sole emerging market bright-spot in IBM's second-quarter earnings, as the other BRIC countries weighed down the technology gi...
IBM may axe hundreds in India for cost-cuttingIBM’s managers at various units were asked to prepare for RA which refers to ‘resource action’, ahead of the job cuts, according to media r...
Central Bank of India opts for IBM analyticsM today said Central Bank of India is leveraging its analytics solution to transform its financial management processes.
- IBM to help Axis Bank provide efficient customer care service
Technology giant IBM today said it has been engaged by Axis Bank in a large project to provide more efficient customer care services to its...
- IBM’s super-computer Watson to work on Wall Street, Vikram Pandit to be the first client
Watson, the company said, will help analyze customer needs and process financial, economic and client data to advance and personalize digit...
- IBM boosts dividend 18 pct, extends share buyback
IBM Corp. is increasing its dividend payout by 18 percent and buying back more of its stock, offering more signals of confidence in the tec...
- IBM raises guidance, profit blows past forecasts
IBM Corp. blew away second-quarter profit projections and jacked up its full-year earnings forecast Thursday, a rare sign of confidence fro...
- In dreary times, IBM sunny about 2009
IBM Corp packed a wallop of a surprise with its 2009 profit guidance: the numbers were so far ahead of Wall Street's forecast they were ini...
- IBM 3Q profit a positive sign for tech sector
Shares of IBM Corp jumped on Thursday after the technology company's surprise announcement that it was still plenty prosperous in the third...
- Mainframe computers shed their unwieldy tag, get back in fashion
The onslaught of personal computers and Web servers had given mainframes the image of clunky, old-fashioned computing giants.
- BRIC nations firing IBM's growth
The emerging nations of India, China, Brazil and Russia are firing IBM's growth and constituted five per cent of the company's second-quart...