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IBM beats profit estimates
International Business Machines Corporation (IBM) Shares Surge 10% After Q4 Earnings Beat, AI and Cloud Strategy Drive Growth
We recently compiled a list of the 10 Trending AI Stocks on Investors’ Radar. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against the other AI stocks.
IBM shares surge 10% on earnings beat
The shares rose 10% in extended trading. It's the largest rise in IBM's stock price since March 2020. Here's how the company did versus LSEG consensus expectations:
IBM beats profit estimates as software business surges, shares rise
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading.
12h
on MSN
IBM stock jumps 12% after strong Q4 results, fueled by AI growth
IBM saw a remarkable 12% surge in its stock price on Thursday, driven by a strong fourth-quarter performance that showcased ...
16h
on MSN
IBM Stock Rises on AI Demand, Earnings Boost
Adjusted per-share earnings came ahead of Wall Street estimates.
1d
IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and ...
1d
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 ...
1d
IBM jumps as Q4 results, guidance for 2025 buoyed by AI
IBM (NYSE:IBM) shares were active in late trading on Wednesday after the IT giant reported fourth-quarter results. Read for ...
CRN
3d
IBM Q4 2024 Earnings: 5 Things To Know
AI momentum, Red Hat acceleration and HashiCorp updates are among the most likely topics on IBM 4Q 2024 earnings report.
11h
Tech earnings surprise winner: IBM shares soar toward biggest gain on record
Microsoft shares slumped on Thursday after the company's earnings left investors disappointed overnight. Meanwhile, Meta and Tesla traded higher, having shaken off the initial weakness that greeted ...
2d
on MSN
IBM Q4 Earnings Ahead: AI momentum and Red Hat business in focus
Multinational technology company, International Business Machines (IBM) is scheduled to report its fourth quarter earnings ...
1d
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 ...
1d
on MSN
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 ...
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