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Mixed Q3 Results Doesn't Change The Big Picture
Is IBM Stock a Buy, Sell, or Hold After Q3 Earnings?
Technology and consulting giant IBM (IBM) just released its Q3 earnings, showing mixed results that left investors disappointed. While the company exceeded profitability expectations, its revenue fell short,
IBM Stock: Mixed Q3 Results Doesn't Change The Big Picture - Bullish
International Business Machines is posting strong growth from its software segment, driving sharply higher profitability margins. Learn more about IBM stock here.
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 ).
1d
on MSN
IBM dips as Q3 2024 revenue falls short of market expectations
IBM (NYSE:IBM) dipped 4% during post-market trading Wednesday after its third quarter 2024 financial results demonstrated ...
The Register on MSN
1d
IBM's mainframe bubble bursts and growth stalls
IBM's mainframe business is cyclical: buyers spend up big when new machines debut. The current generation of z16 generation ...
14h
IBM Reports Strong Q3 2024 Software Growth
International Business Machines ( (IBM) ) has issued an announcement. IBM’s third-quarter 2024 earnings report highlights a strong ...
21h
IBM: Back To Reality Soon
IBM's Q3 '24 earnings report revealed weak growth, with only a 1.5% YoY increase, despite AI hype. Read more on IBM stock ...
Computing
4h
Out with the old: IBM mainframe sales slump, while ServiceNow revenues grow
IBM’s mainframe upgrade cycle drew to a juddering halt in the third quarter as sales of the z16, introduced in 2022, fell by ...
CRN
3d
IBM Q3 2024 Earnings Preview: 5 Things To Know
Bernstein expects IBM to reaffirm its expected revenue for the 2024 fiscal year and its free cash flow targets. The vendor ...
1d
IBM's AI Surge Amid Pension Hit
International Business Machines reported mixed earnings for Q3 2024, with strong Software growth offset by Infrastructure ...
1d
IBM CEO says Q3 performance led by double-digit growth in Software
Our third-quarter performance was led by double-digit growth in Software, including a re-acceleration in Red Hat. We continue to see ...
19h
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 ...
Investor's Business Daily on MSN
2d
IBM Stock Falls. Q3 Earnings Beat Expectations But Revenue Short Of Views.
With a 70% rally over the past 12 months, IBM stock is trading at record levels ahead of an important Q3 report Wednesday.
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