Tag IBM

IBM Shares Tumble After Red Hat Momentum Fades Despite Earnings Beat...

IBM tops Q3 forecasts as hybrid cloud and AI demand drive 7% revenue growth and stronger profit margins...

US equity futures were cautiously lower ahead of Thursday's opening bell as traders digested the lat...

IBM stock slipped Thursday after the tech giant reported disappointing growth for a key part of its software division that offset better-than-expected third-quarter results and a boosted sales outlook. IBM stock dropped more than 7% premarket. IBM Chief Executive Arvind Krishna touted an AI book of business that had reached more than $9.5 billion, according to IBM's news release...

IBM stock slipped late Wednesday despite the tech giant reporting third-quarter results that bested expectations. IBM also said its is seeing strong AI demand and boosted its sales forecast for the rest of the year. "Our AI book of business now stands at more than $9.5 billion," IBM Chief Executive Arvind Krishna said in a news release...

Investing.com -- International Business Machines (NYSE:IBM) reported third-quarter earnings that exceeded analyst expectations, but shares fell 4% in after-hours trading Wednesday as investors focused on the company’s tempered revenue growth outlook...

IBM (IBM) stock is under pressure in Wednesday's extended-hours trading despite topping third quarter operating earnings estimates ($2.65 per share vs. estimates of $2.41) and revenue projections ($16.33 billion vs. $16.1 billion). The stock price has dropped by as much as 5% at the time of this video's posting. Synovus VP and Senior Portfolio Manager Daniel Morgan helps Market Domination Overtime host Josh Lipton parse through the earnings release and the revenue of IBM's individual business segments. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime...