International Business Machines Corporation stock fell 25% after missing revenue/EPS, with weak mainframes but stronger software/Red Hat. Click for more on IBM.
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IBM solved portable storage with a tiny mechanical drive, then flash memory ruined everything ...
International Business Machines (IBM) has spent three years quietly convincing Wall Street it belonged in the artificial intelligence trade. However, on July 14, the market decided otherwise in a single session. IBM shares closed at $217.07, falling ...
/PRNewswire/ -- QuantumStreet AI, an IBM partner company specializing in AI-driven investment solutions for institutional investors, reported that 98% of its ...
AI IPO glut fears: SpaceX falls below IPO price as insider lockups near and mega AI capital raises surge.
IBM stock crashed 26% after Q2 revenue of $17.2B missed Wall Street estimates. HSBC downgraded to Reduce. Full earnings analysis ahead of July 22 call.
IBM's bearish pre-announcement reignited fears about AI's impact on enterprise tech spending.
There is a case for believing AI revenue will grow more slowly than the hyperscalers have baked into their plans ...
IBM remains resilient despite mainframe headwinds; Red Hat growth and strong cash flow support a Buy at $210. Read here for a detailed analysis.
IBM's AI bet is creating a painful paradox: the technology transforming the industry is also pressuring the company's core businesses.