IBM’s strong Q4 earnings, driven by AI momentum, set off a 12% stock surge as CEO Arvind Krishna highlighted DeepSeek’s ...
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
That said, IBM sees revenue growing around 5% this year, without taking accounting for the impact of a stronger U.S. dollar.
Arvind Krishna told financial analysts that IBM investments in AI and consulting will help drive the company’s business going forward.
IBM Corp. met analysts’ revenue estimates in the fourth quarter, but investors chose to focus on profit and a strong 2025 ...
On Wall Street, Tesla drove 2.9 per cent higher even though Elon Musk’s electric-vehicle company reported a weaker profit for ...
IBM shares jumped 13% to lead S&P 500 gainers Thursday, a day after the company posted fourth-quarter results that topped analysts' estimates as its artificial intelligence (AI)-enabled business ...
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
IBM's stock price jump on 30th January was the biggest one-day percentage gain ever recorded in the company's history on the ...