News
IBM
168.91
-8.25%
-15.19
IBM Q1 2024 Earnings Presentation Delivered by Executives
TipRanks · 13h ago
US STOCKS-Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
Wall Street stocks fall as weak GDP growth spreads rate-cut gloom Alphabet, Microsoft advance in extended hours after results IBM drops after disappointing Q1 revenue Caterpillar falls on downbeat Q2 sales forecast. Data shows slower-than-expected U.S. Economic growth and persistent inflation.
Reuters · 13h ago
AI Revolution Driven By New Supercomputers
Home Market Outlook Today's Market AI Revolution Driven By New Supercomputers. The current generative AI boom is driven by a spectacular increase in the capacity of microchips. A web of servers can perform calculations on extremely large datasets. We discuss the spectacular innovations giving rise to Nvidia as a leading player in the technology domain.
Seeking Alpha · 13h ago
Technology Sector Update for 04/25/2024: RBRK, AAPL, META, IBM, HCP
NASDAQ · 14h ago
IBM Crosses Above 4% Yield Territory
NASDAQ · 14h ago
IBM's Stock Got a Big, Blue Bruise Today
Shares of IBM plunged 9.6% on Thursday. The company announced a $6.4 billion acquisition of cloud computing company HashiCorp. IBM's first-quarter results were solid, but investors wanted a stronger artificial intelligence push. IBM is building a valuable AI machine for the long haul.
The Motley Fool · 16h ago
IBM, Caterpillar share losses contribute to Dow's 329-point fall
MarketWatch · 16h ago
Why Caterpillar Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Shares of Caterpillar Inc. Fell 6.6% to $339.37 on Thursday. Caterpillar reported better-than-expected first-quarter EPS but missed revenue estimates. Barfresh Food Group, Inc. Shares surged 87.2% after the company reported better than expected results. Chicken Soup for the Entertainment for the Soul Entertainment dropped 75%.
Benzinga · 16h ago
BUZZ-U.S. STOCKS ON THE MOVE-Loar, Regeneron, Intel
U.S. Stocks slumped on Thursday. Dow Jones Industrial Average was down 1.15% and the S&P 500 was down 0.76%. Most megacaps fell after Meta Platforms' quarterly results. Newmont Corp. Was the top percentage gainer on the NYSE and the Nasdaq.
Reuters · 16h ago
IBM Is Maintained at Neutral by JP Morgan
Dow Jones · 16h ago
Technology Sector Update for 04/25/2024: META, IBM, MU, HCP
NASDAQ · 16h ago
JP Morgan Maintains Neutral on IBM, Lowers Price Target to $185
Benzinga · 16h ago
Stocks Drop, Tech Tumbles With Meta's Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What's Driving Markets Thursday?
U.S. Economy grew by a slower-than-expected 1.6% in the first quarter of 2024, missing expectations of 2.5%. Meta Platforms Inc. Saw its worst day since October 2023 as its revenue forecasts were lower than expected. The S&P 500 and the tech-heavy Nasdaq 100 dropped by 1% and 1.2% in Thursday's session. Gold miners in the spotlight following stronger-than expected quarterly results from Newmont Corp.
Benzinga · 16h ago
UPDATE 3-Microsoft-backed Rubrik's stock jumps 21% in NYSE debut
Microsoft-backed Rubrik's stock jumps 21% in NYSE debut on Thursday. The cybersecurity firm's stock is valued at $6.77 billion. Rubrik provides data security solutions to more than 6,100 customers. The company's stock opened at $38.6 in its debut on the NYSE.
Reuters · 17h ago
IBM Price Target Cut to $190.00/Share From $210.00 by BMO Capital
Dow Jones · 17h ago
IBM Is Maintained at Market Perform by BMO Capital
Dow Jones · 17h ago
BMO Capital Maintains Market Perform on IBM, Lowers Price Target to $190
Benzinga · 17h ago
BUZZ-U.S. STOCKS ON THE MOVE-Viking, Alphabet, Dover
U.S. Stocks were sharply lower on Thursday. The Dow Jones Industrial Average was down 1.58% and the S&P 500 and Nasdaq Composite were also down. Meta Platforms dropped 12.7% after dour quarterly results. Newmont Corp was the top percentage gainer on the S.P. 500 and the Nasdaq.
Reuters · 17h ago
US STOCKS-Wall St loses over 1% amid fading rate-cut hopes
US STOCKS-Wall St loses over 1% amid fading rate-cut hopes. Meta Platforms plunges 13.0% after disappointing quarterly results. IBM down after HashiCorp deal, disappointing Q1 revenue Caterpillar falls on downbeat sales forecast. Indexes down: Dow 1.61%, S&P 1.30%, Nasdaq 1.77%.
Reuters · 18h ago
IBM, Caterpillar share losses lead Dow's nearly 600-point drop
MarketWatch · 18h 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.