MARKET

IBM

IBM

International Business Machines Corp
NYSE
167.29
-16.82
-9.13%
Opening 10:29 04/25 EDT
OPEN
168.46
PREV CLOSE
184.10
HIGH
172.00
LOW
165.67
VOLUME
6.32M
TURNOVER
0
52 WEEK HIGH
199.18
52 WEEK LOW
116.36
MARKET CAP
153.36B
P/E (TTM)
18.94
1D
5D
1M
3M
1Y
5Y
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 · 1h 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 · 1h 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 · 1h ago
IBM tumbles, but HashiCorp acquisition should create synergies: BofA
IBM tumbles 8% after announcement of $6.4B deal to acquire HashiCorp. Big Blue's first-quarter results and announcement of the acquisition should create synergies, BofA says. The acquisition is expected to close by the end of 2024.
Seeking Alpha · 2h ago
BUZZ-U.S. STOCKS ON THE MOVE-Chipotle Mexican Grill, Valero Energy, Union Pacific
Dow e-minis were down 1.14% in early trading. Chipotle Mexican Grill, Valero Energy, Union Pacific among top U.S. Stocks on the move. Meta Platforms down 15.3% after dour quarterly results. Sign of persistent inflation dampens hopes of Federal Reserve cutting interest rates.
Reuters · 2h ago
US STOCKS-Wall St set to open lower as Meta Platforms, economic data weigh
US stocks set to open lower as Meta Platforms, economic data weigh. Futures down: Dow 1.10%, S&P 1.16%, Nasdaq 1.54%. Growth stocks dragged down by Meta platforms after disappointing quarterly results. Commerce Department's snapshot of first-quarter GDP shows 1.6% growth.
Reuters · 2h ago
LIVE MARKETS-S&P 500 index: A tale of two moving averages
The S&P 500 index is poised to slide more than 1% at the open. The benchmark index has been trapped between its 50- and 100-day moving averages. U.S. 10-year Treasury yield rises above 4.70% in wake of below estimate Q1 advance GDP.
Reuters · 2h ago
Technology Sector Update for 04/25/2024: XLK, XSD, META, IBM, HCP, CLS
NASDAQ · 2h 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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