IBM’s mainframe upgrade cycle drew to a juddering halt in the third quarter as sales of the z16, introduced in 2022, fell by ...
The S&P 500 and Nasdaq Composite closed higher on Thursday as EV maker Tesla had its best day in a decade, while the Dow ...
NEW YORK — Wall Street drifted to a mixed finish Oct. 24 after Tesla surged to one of the best days in its history, while IBM ...
IBM has grown out its software division in the five years since it acquired open-source solution provider Red Hat for $34 ...
Tesla's surprisingly solid results and high-flying sales forecast are lifting hopes for a strong earnings season.
IBM CEO Arvind Krishna said the last quarter saw Big Blue’s enterprise AI business “gain traction” growing $1 billion quarter ...
The labor market continues to defy the doomsayers. Weekly initial jobless claims unexpectedly fell by 15,000 to 227,000.
Red Hat, the open source software firm IBM bought out in 2019 for $34 billion, has nearly doubled its revenue since being ...
Wall Street steadies as Tesla surges, while economic reports show mixed signals and Treasury yields remain elevated.
Today's CIOs are not just technologists; they are strategic leaders who understand how to harness technology for business ...
IBM's mainframe business is cyclical: buyers spend up big when new machines debut. The current generation of z16 generation ...
Shares retreated in Asia on Thursday after a third straight day of losses on Wall Street as its long, record-breaking rally lost more steam. Oil prices gained almost $1 and U.S. futures were mixed.