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IBM Stock Falls
Why IBM Stock Is Falling Today
Even with today's pullback, IBM stock is up roughly 33% across 2024's trading and roughly 59% over the last year. The big gains appear to have primarily been driven by excitement surrounding the company's opportunities in artificial intelligence ( AI ).
IBM Stock Falls After Revenue Misses Wall Street Forecasts
International Business Machines (IBM) stock fell, after quarterly revenue undershot consensus estimates. While sales rose from a year earlier, boosted by high demand for artificial intelligence-related offerings,
Three Stocks: ServiceNow, IBM and UPS
Revenue grew 5.4% year-over-year to $22.2 billion, led by robust volume growth in the U.S. Domestic segment. Growth in the U.S. was the highest in over three years. That, along with effective cost cutting reduced UPS’ cost per piece by 4.1%. Despite the positive results, the company’s outlook reflects a tough environment.
13h
Has IBM’s stock hit its peak?
IBM faces mixed earnings with strong software gains but consulting challenges. Is the stock losing steam at key resistance ...
1d
on MSN
Stock market today: Wall Street drifts as IBM's drop helps cancel out Tesla's surge
Wall Street is drifting Thursday following a rush of profit reports from big U.S. companies, as a sharp drop for IBM helps ...
1d
on MSN
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
2d
IBM Stock Offers A Whole Lot Of Nothing Going Into Earnings
IBM's recent stock surge is likely driven by AI hype, but its fundamental growth and valuation don't justify the high price.
1d
IBM stock slips on disappointing consulting and infrastructure revenue
IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled ...
5d
Think IBM Stock Is Expensive? This Chart Might Change Your Mind.
In this context, IBM appears downright cheap with a deep discount next to the group of "Magnificent Seven" stocks like Amazon ...
14h
Stock Market Today: Dow heads for 4-day drop, S&P 500 clings to gain on Tesla's big jump
Tesla Inc.'s eye-popping rally on Thursday after "a solid beat on the bottom and a minor miss on the top" for the third ...
Yahoo Finance
17h
International Business Machines Corporation (IBM)
IBM
(
IBM
) shares are under pressure after releasing mixed third quarter results showing artificial intelligence (AI) and software growth with weakness in other areas. Tesla (TSLA)
stock
is on ...
1d
Earnings Preview: What To Expect From IBM
IBM Inc. scheduled to report earnings after Wednesday’s close. Here's a closer look at what Wall Street expects.
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Artificial intelligence
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