Around $19 billion of annual revenue went out the door, but that revenue was slow-growing and low-margin. What's left of IBM -- high-margin software, a vast consulting business, and specialized hardware -- is no longer being dragged down by that legacy business. With hybrid cloud computing at the center of nearly everything the company does, IBM may finally be ready to emerge from the funk that has kept its stock depressed for years...
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Continue ReadingIn this article, we will take a look at the 11 stocks making big moves after releasing their financial results. You can skip our detailed analysis of these companies and go directly to the 5 Stocks Making Big Moves After Releasing Their Financial Results. Notable companies from the communication services, technology and healthcare sectors, including […]...
Continue ReadingInternational Business Machines (IBM) cheered investors as it reported solid first-quarter 2022 results...
Continue ReadingEver since CEO Arvind Krishna took the position of chief executive in April of 2020 (Krishna took the Chair in January of 2021), he has taken the firm in a more focused direction. Today we're a more focused business and our results reflect the execution of our strategy...
Continue ReadingYahoo Finance Live’s Julie Hyman and Brian Sozzi discuss IBM stock...
Continue ReadingIBM's first-quarter 2022 results benefit from strong demand for hybrid cloud and AI, driving growth in Software and Consulting...
Continue ReadingWall Street made gains on Tuesday, disregarding reduced global growth forecasts...
Continue ReadingShopify (SHOP) stock is getting hit hard on Wednesday and that has some investors wondering if now is the right time to buy the shares...
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