IBM Stock Rises on AI Demand, Earnings Boost
Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,
IBM stock rockets to new all-time high on AI bookings
Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to be the only growth business. It reported $7.9 billion in revenue in Q4, up 10% YoY.
IBM Stock Surges After Q4 Report. Still a Buy?
IBM (NYSE: IBM) stock has surged significantly in after-hours trading by 10% and 9% in pre-market trading. This is due to IBM reporting solid Q4 2024 results and bullish guidance for 2025. Here’s everything you need to know:
IBM Stock Tests New Record High After Earnings
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the highest close on record,
IBM Stock Soars on Earnings Beat. CEO Says AI Is Helping.
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.
IBM shares rise 8% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
Josh Brown's best stocks list: IBM, Gartner, Cognizant Tech, Accenture, Cloudflare and GoDaddy
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to reveal his favorite stocks in the market.
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped ...
Should You Pick IBM Stock At $250?
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if ...
Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
IBM shares rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that ...
IBM stock soars on strong profit and bullish 2025 forecast
IBM Corp. met analysts’ revenue estimates in the fourth quarter, but investors chose to focus on profit and a strong 2025 ...
IBM registra un fuerte crecimiento de las ventas y un aumento en las reservas de IA
International Business Machines Corp. informó ventas y ganancia trimestrales mejores que lo previsto, así como un aumento de ...
IBM’s Growth Potential and Challenges: A Balanced Hold Rating Analysis
In a report released today, Keith Bachman from BMO Capital maintained a Hold rating on International Business Machines (IBM – Research Report), ...
IBM beats profit estimates as AI shift boosts software performance
"When you see more growth come from software, that comes with a lot better margins," said Matt Swanson, analyst at RBC ...
IBM Shares Jump on Strong Sales Outlook and AI Bookings
International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year ...