IBM CEO Arvind Krishna said the last quarter saw Big Blue’s enterprise AI business “gain traction” growing $1 billion quarter ...
KEY TAKEAWAYS IBM shares are dropping 5% in premarket trading Thursday, weighing on Dow Jones Industrial Average futures, ...
Stocks to Watch. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) ...
IBM’s mainframe upgrade cycle drew to a juddering halt in the third quarter as sales of the z16, introduced in 2022, fell by ...
Our third-quarter performance was led by double-digit growth in Software, including a re-acceleration in Red Hat. We continue to see ...
Red Hat, the open source software firm IBM bought out in 2019 for $34 billion, has nearly doubled its revenue since being ...
IBM's mainframe business is cyclical: buyers spend up big when new machines debut. The current generation of z16 generation ...
New models are far smaller, faster, and more accurate to enable AI transformation with IBM Consulting Advantage and WatsonX.
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 ...
IBM has grown out its software division in the five years since it acquired open-source solution provider Red Hat for $34 ...
"We feel like we really were meant to be in this vibrant location," Joanne Wright, SVP of transformation and operations at IBM, told Newsweek.
with the IBM CEO saying, “One of the reasons why they fell up short in their consulting segment was the fact that CIOs are using money that would have been designated for consulting, and they're ...