IBM’s strong Q4 earnings, driven by AI momentum, set off a 12% stock surge as CEO Arvind Krishna highlighted DeepSeek’s success as validation of Big Blue’s open-source AI strategy
Adjusted per-share earnings came ahead of Wall Street estimates.
International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year and a jump in AI-related bookings.
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if you want upside with a smoother ride than an individual stock,
IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my buy rating for IBM stock.
Despite DeepSeek and Qwen 2.5 disrupting the global tech sector, investors welcomed the impressive Q4 AI revenues from leading US tech firms like International Business Machines Corp. (NYSE:IBM).
DeepSeek's sudden emergence is shaking up the tech scene. That could be good news for small startup companies.
While the hyperscalers and cloud builders provide the best indicator of what it takes to create state of the art GenAI models and the infrastructure to
IBM Synthetic Data Sets are designed to help with training or fine-tuning AI models quickly on IBM Z and LinuxONE mainframes.
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending. The company's software segment recorded its biggest revenue jump in five years,
IBM shares soared Thursday after the computing giant posted better-than-expected fourth-quarter earnings, boosted by the strength of its AI business. Monitor these key price levels.