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IBM REVENUE FORECAST
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 ...
Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
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...
Quantum mania: Stocks skyrocket up to 141% as Nvidia fuels next tech revolutionQuantum-linked stocks are exploding at record speed. Some names jumped 140% in just one week. That move followed a major trigger. NVIDIA la...
IBM gets lift from software, AI demand as consulting slipsIBM surpassed second-quarter revenue expectations and raised its annual growth outlook for its software business due to increased AI-relate...
IBM misses first quarter revenue estimates; cuts growth forecast to 6%-8%The company's software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IB...
IBM expects to exceed annual revenue target on resilient cloud momentumIBM, whose cloud revenue rose 11% to $5.2 billion in the quarter, now expects the company's annual sales to increase more than its previous...
IBM beats quarterly revenue estimates, warns of $3.5 billion forex hitIBM posted adjusted gross profit margin of 54.5% for the quarter ended June 30, while analysts on average expected 56.6%, according to Refi...
- IBM revenue misses forecasts but profit solid
IBM's revenue missed expectations as weaker euro hurt overseas sales, although firm growth in the co's higher-margin services and software ...
- IBM to spend $5 bn more on stock buyback
IBM Corp has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the recession chokin...
- IBM forecasts strong '08 earnings tied to global growth
Stellar performance overseas have prompted IBM Corp to upgrade its outlook for 2008 despite economic uncertainty at home.
- IBM's Q2 earnings up 12%
Already on a tear lately, shares of International Business Machines Corp got another bounce after the technology company reported a 12 perc...
- IBM profit rises 11 percent but shares drop
IBM's quarterly profit rose 11 percent, but its shares fell more than 5 percent as the earnings failed to beat some investors' forecasts an...