IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit ...

IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped ...

Shares of International Business Machines Corp. surged after the company projected strong revenue growth in the new fiscal ...

While the hyperscalers and cloud builders provide the best indicator of what it takes to create state of the art GenAI models ...

IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.

In a report released today, James Schneider from Goldman Sachs maintained a Buy rating on International Business Machines (IBM – Research ...

After the split, IBM Global Services will consist of its $8 billion cloud services consulting unit as well as its $17 billion Global Business Services unit, which provides management and strategy ...

In a report released yesterday, David Grossman from Stifel Nicolaus maintained a Buy rating on International Business Machines (IBM – Research ...

IBM will retain $8 billion from the GTS cloud services consulting business and its $16.63 billion Global Business Services unit with business, strategy and technology consultants that are ...

Artificial intelligence has been a hot market throughout 2024. AI fueled the surge in share price for companies such as Nvidia, which saw its stock rise nearly 180% over the past year through Dec. 31.

Investors might also notice recent changes to analyst estimates for IBM. Recent revisions tend to reflect the latest near-term business trends ... Computer - Integrated Systems industry currently ...