We recently published a list of Jim Cramer Praised These 6 Companies’ Exceptional Management. In this article, we are going ...
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 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 added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business ...