MARKET

IBM

IBM

International Business Machines Corp
NYSE
166.10
-18.00
-9.78%
Opening 11:55 04/25 EDT
OPEN
168.46
PREV CLOSE
184.10
HIGH
172.00
LOW
165.67
VOLUME
9.71M
TURNOVER
0
52 WEEK HIGH
199.18
52 WEEK LOW
116.36
MARKET CAP
152.27B
P/E (TTM)
18.81
1D
5D
1M
3M
1Y
5Y
LIVE MARKETS-Thursday data mix: Glass half-full or mostly empty?
U.S. Economy grew at a 1.6% quarterly annualized rate in the first three months of 2014. Economic data released on Thursday was a study in contrast; weaker economic growth but hotter inflation. Main U.s. Indexes all down >1% with Nasdaq falling most.
Reuters · 2h ago
Dow Movers: IBM, MRK
NASDAQ · 3h ago
LIVE MARKETS-Economic dichotomy of Modi's India: high growth, weak jobs
Economic dichotomy of Modi's India: high growth, weak jobs. Main U.S. Indexes all down >1% all S&P 500 sectors red. Unemployment remains a primary concern for Indian voters. 83% of the total of unemployed people in India are youths.
Reuters · 3h ago
Meta Falls 15% On Great Earnings, Tesla Rises 12% On Ugly Earnings – Here Is The Real Reason
The Power of Market Mechanics: Meta Platforms Inc (NASDAQ:META) reported excellent earnings, but the stock fell 15%. Tesla Inc (TSLA) jumped up on heavy AI spending, but Wall Street's positioning was negative. The momo crowd is buying the momo stocks in the early trade. Today's auction of $44B of seven year Treasuries indicates stagflation may be coming.
Benzinga · 3h ago
UPDATE 1-IBM falls as enterprise-spending constraints choke consulting demand
IBM's shares fall more than 9% as enterprise-spending constraints choke consulting demand. The company's software business grew 5.5% in the quarter. IBM announced a $6.4 billion deal to buy cloud software company HashiCorp. Shares of the company were down 9.3% on Thursday.
Reuters · 3h ago
LIVE MARKETS-Wall Street indexes sink as data casts a cloud
Main U.S. Indexes all down >1% after growth slowed more than expected in the first quarter. In S&P 500 sectors, all 11 are down with communications services down the most. Inflation is higher than expected, suggesting the Fed will cut interest rates before September.
Reuters · 3h ago
US STOCKS-Wall St drops as Meta Platforms, economic data weigh
US STOCKS-Wall St drops as Meta Platforms, economic data weigh. IBM down after HashiCorp deal, disappointing Q1 revenue Caterpillar falls on downbeat Q2 sales forecast. Indexes down: Dow 1.47%, S&P 1.43%, Nasdaq 2.14% U.S. Economic growth slowed more than expected in the first quarter.
Reuters · 3h ago
International Business Machines Down Over 9%, On Track for Largest Percent Decrease Since October 2021 -- Data Talk
International Business Machines Corporation (IBM) is currently at $167.31, down $16.79 or 9.12%. Would be lowest close since Jan. 18, 2024, when it closed at $166.84. Down 12.38% month-to-date, down 18.83% from its all-time high of $206.12.
Dow Jones · 3h ago
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About IBM
International Business Machines Corporation is engaged in addressing the hybrid cloud and artificial intelligence (AI) opportunity with a platform-centric approach, focused on providing client value through a combination of technology and business expertise. Its segments include Software, Consulting, Infrastructure and Financing. Its Software segment comprises two business areas: Hybrid Platform & Solutions, which includes software to help clients operate, manage and optimize their IT resources and business processes within hybrid, multi-cloud environments, and transaction processing, which includes software that supports client’s mission-critical, on-premises workloads in industries such as banking, airlines and retail. Consulting segment is engaged in business transformation, technology consulting and application operations. Infrastructure segment is engaged in hybrid infrastructure and infrastructure support. Financing segment is engaged in client financing and commercial financing.

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