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IBM Stock Falls
IBM Stock Falls. Why Analysts Are Still Bullish.
IBM’s mixed results, disclosed Wednesday evening, sent the stock sharply down, but analysts continue to recommend the shares.Hopes have been high that artificial intelligence will boost IBM’s profit and share price but its quarterly earnings report showed revenue was slightly lower than expected,
Why IBM Stock Is Falling Today
Even with today's pullback, IBM stock is up roughly 33% across 2024's trading and roughly 59% over the last year. The big gains appear to have primarily been driven by excitement surrounding the company's opportunities in artificial intelligence ( AI ).
IBM Stock Falls After Revenue Misses Wall Street Forecasts
International Business Machines (IBM) stock fell, after quarterly revenue undershot consensus estimates. While sales rose from a year earlier, boosted by high demand for artificial intelligence-related offerings,
Q3, IBM
Is IBM Stock a Buy, Sell, or Hold After Q3 Earnings?
Technology and consulting giant IBM (IBM) just released its Q3 earnings, showing mixed results that left investors disappointed. While the company exceeded profitability expectations, its revenue fell short,
IBM: Q3 Earnings Snapshot
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share. The technology and consulting company posted revenue of $14.97 billion in the period, falling short of Street forecasts.
IBM shares sink on mixed Q3
Closing Bell Overtime' reacts to IBM's mixed quarterly report which sent shares sharply lower in extended trading.
1d
on MSN
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
35m
Should Investors Buy IBM Stock for its Quantum Potential?
International Business Machines Corporation — (IBM) stock has surged in 2024, outpacing the rest of the market and beating ...
1h
How Much Will IBM Pay Out in Dividends in 2025?
What's in store for IBM's dividends in 2025? Here's how Big Blue's financial trends and payout policies might affect your ...
3d
IBM releases new AI models for businesses as genAI competition heats up
IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking to ...
3d
IBM's Triangle team leads AI innovation
Research Triangle Park team leads next-generation AI model development. IBM's Red Hat acquisition catalyzed open-source AI ...
InfoWorld
3d
IBM works to address the developer skills gap with AI
The watsonx Code Assistant uses the newly announced Granite 3.0 models to provide general-purpose coding assistance across ...
4d
IBM releases new Granite foundation models under ‘permissive’ Apache license
The company is also unveiling a new generation of its watsonx Code Assistant for application development and modernization.
Impacts
4d
IBM Unveils New AI Models For Businesses
IBM on Monday released the latest version of its artificial intelligence models catered towards businesses, looking to ...
15h
What do Tesla and IBM earnings signal about Big Tech next week?
IBM (IBM) shares are under pressure after releasing mixed third quarter results showing artificial intelligence (AI) and ...
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