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IBM QUARTERLY RESULTS
Cisco shares hit record on strong forecast, AI push with job cutsThe jump, if sustained, would mark the best day for the stock since a robust earnings reports in May 2002 sparked a furious rally in the ...
US stock market jumps sharply today as Dow Jones reclaims 50,000 — Why the Dow, S&P 500 and Nasdaq are all in green after U.S.-China trade summit boostUS stock market jumps sharply today as the Dow Jones, S&P 500 and Nasdaq rally on renewed optimism from the U.S.-China trade summit and boo...
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 stocks today: US stocks close lower on fading hopes for quick Iran deal, mixed quarterly earningsU.S. stocks declined amid escalating Iran war concerns and mixed earnings. Hopes for a swift resolution dimmed as Iran tightened control ov...
US stocks today: US market slips on Middle East impasse, mixed earningsU.S. stock indexes opened lower on Thursday as investors remained cautious amid uncertainty surrounding the U.S.-Iran conflict. Mixed corpo...
US software stocks slide as IBM, ServiceNow results reignite AI disruption fearsUS software stocks fell in premarket trading on Thursday, following quarterly results from IBM and ServiceNow that reignited fears about AI...
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...
US Stock Market: US stocks closes slightly down on renewed tensions between US, IranU.S. stocks edged lower as renewed U.S.-Iran tensions cast doubt on a ceasefire, despite Iran considering peace talks. Oil prices surged as...
US stocks today: S&P 500, Nasdaq retreat as mounting U.S.-Iran tensions dampen sentimentWall Street indices eased from record highs as renewed U.S.-Iran tensions overshadowed a strong previous week. Oil prices jumped, boosting ...
Why are US stock market futures down today, and will Dow Jones, S&P 500 and Nasdaq continue to drop or rise again? Wall Street futures, US stocks to watch, analysts insights and market outlookWhy are US stock market futures down today, and will Dow Jones, S&P 500 and Nasdaq continue to drop or rise again? US stock futures fell af...
IBM's slowing cloud growth eclipses upbeat third-quarter resultsSlower growth in IBM's cloud segment, housed within its software unit, raised alarm bells across investors betting heavily on Big Blue's ab...
As major Silicon Valley tech companies vehemently oppose sharing U.S. AI technology, IBM takes a different path; CEO Arvind Krishna says, "Open is key to innovation”IBM CEO Arvind Krishna said that the AI race doesn't need to focus on creating more expensive models, but rather on overcoming technologica...
IBM's quarterly revenue beats estimates on resilient software, strong mainframeIBM reported third-quarter revenue that slightly exceeded Wall Street expectations, driven by steady demand for its software solutions and ...
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 posts 12 pc jump in Q2 profit; paints rosy outlook
The company had a profit of $2.76 billion in the second quarter of June 2008, IBM said in a statement.
- 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...
- IBM reports 2008 first-quarter results, profit up 26%
IBM announced first-quarter 2008 diluted earnings of 1.65 per dollars share from continuing operations compared with diluted earnings of 1....
- India helps IBM register big gains
IBM credited its impressive 11% profit in the second quarter to the decision to shift work to India.