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IBM Stock Sinks
Why IBM Stock Is Falling Today
Even with today's pullback, IBM stock is up roughly 33% across 2024's trading and roughly 59% over the last year. The big gains appear to have primarily been driven by excitement surrounding the company's opportunities in artificial intelligence ( AI ).
IBM Stock Sinks as Quarterly Sales Disappoint
IBM shares are dropping 5% in premarket trading Thursday, weighing on Dow Jones Industrial Average futures, after its quarterly revenue fell short of Wall Street estimates.
IBM stock slips on disappointing consulting and infrastructure revenue
IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled down overall results.
12h
Has IBM’s stock hit its peak?
IBM faces mixed earnings with strong software gains but consulting challenges. Is the stock losing steam at key resistance ...
1d
on MSN
Stock market today: Wall Street drifts as IBM's drop helps cancel out Tesla's surge
Wall Street is drifting Thursday following a rush of profit reports from big U.S. companies, as a sharp drop for IBM helps ...
1d
on MSN
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
2d
IBM Stock Offers A Whole Lot Of Nothing Going Into Earnings
IBM's recent stock surge is likely driven by AI hype, but its fundamental growth and valuation don't justify the high price.
1d
Earnings Preview: What To Expect From IBM
IBM Inc. scheduled to report earnings after Wednesday’s close. Here's a closer look at what Wall Street expects.
13h
Stock Market Today: Dow heads for 4-day drop, S&P 500 clings to gain on Tesla's big jump
Tesla Inc.'s eye-popping rally on Thursday after "a solid beat on the bottom and a minor miss on the top" for the third ...
1d
IBM: Q3, Strong Software Growth Offset By Temporary Weakness In Consulting
IBM's AI advancements and strong growth in software are key factors in projecting a fair value of $300 per share and a ...
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Related topics
Artificial intelligence
Tesla
Wall Street
AI
Q3
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