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IBM produced strong free cash flow guidance in its latest Q2 earnings release, expecting over $13.5 billion in FCF this year.
IBM shares sank in intraday trading Thursday, as slightly weaker-than-expected software revenue growth is weighing on a ...
On a per-share basis, the Armonk, New York-based company said it had profit of $2.31. Earnings, adjusted for one-time gains and costs, were $2.80 per share. The results exceeded Wall Street ...
Yet, despite the solid numbers, the stock has faced downward pressure, echoing the market reaction seen in the previous ...
The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.
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