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Anders Bylund, The Motley Fool. July 25, 2024 at 4:41 PM. IT veteran International Business Machines (NYSE: IBM) reported second-quarter results on Tuesday evening. Big Blue knocked this quarter ...
Despite the weakness in its consulting division, IBM's Q2 performance was strong enough to drive IBM's share price upward, and now it's not far from the 52-week high of $199.18 reached in March ...
IBM reported revenue rose 4% last quarter, driven in part by demand for its AI products and services as well as its hybrid cloud.The computing giant also said free cash flow will improve this year.
IBM logo. IBM has undergone a large number of mergers and acquisitions during a corporate history lasting over a century; the company has also produced a number of spinoffs during that time. The acquisition date listed is the date of the agreement between IBM and the subject of the acquisition.
IBM stock is closing in on surpassing its all-time high, set about a decade ago. Since that time, the company has shed legacy businesses, bet on hybrid cloud computing and AI, and leaned out ...
A year ago, IBM reported revenues of $20.81 billion and EPS of $3.84. Investors seemed pleased with today’s earnings announcement . IBM stock is up almost 3.3 percent or $3.65 to $163.51 per ...
Products, services, and subsidiaries have been offered from International Business Machines (IBM) Corporation and its predecessor corporations since the 1890s. [1] This list comprises those offerings and is eclectic; it includes, for example, the AN/FSQ-7, which was not a product in the sense of offered for sale, but was a product in the sense of manufactured—produced by the labor of IBM.
Nasdaq-100. The Nasdaq-100 ( ^NDX[ 2]) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence ...