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IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its ...
IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...
Today's bear gap has IBM dropping to its lowest levels since mid-May, moving sharply away from its June 25 record high of ...
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InvestorsHub on MSNIBM Shares Fall Over 5% as Software Segment Struggles Despite AI Mainframe GainsShares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the ...
We also think IBM's AI-related software revenue, while still a minority of AI-specific revenue (with the majority being consulting bookings), should grow at a more accelerated rate over time.
IBM Corp. beat expectations on second-quarter earnings and revenue today, aided by strong sales of new mainframe hardware ...
AI and hybrid cloud combined to give IBM solid growth in revenue and earnings during its second fiscal quarter 2025.
Software sales grew more than 10%. Companies have focused spending on longer-term consulting deals, centered around integrating AI in their businesses, which is yet to be reflected in IBM's revenue.
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