IBM turned in strong financial results, with better-than-expected revenue, driven by the company’s software and infrastructure businesses. Its forecast of revenue was upbeat as well, but the outlook o...
Tag: Kyndryl Holdings
IBM Reports Earnings Today. What to Expect.
IBM is set to provide investors with a fresh look at the state of enterprise technology spending when it reports third-quarter financial results late Wednesday. There is growing concern that tighter c...
IBM Earnings Beat Estimates. The CEO Says Tech Demand Remains Strong.
IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg Text size IBM kicked off tech earnings season with better...
Want to Hide Out in Tech? Buy IBM Stock, Morgan Stanley Says.
Text size IBM stock has outperformed the broader market this year. Andreas Arnold/Bloomberg One of the best-performing tech stocks in 2022 has been IBM , as the company continues to show progress on a...
IBM Shed Half Its Stake in Kyndryl. The Rest Will Follow Soon.
Text size IBM disclosed that it swapped half of its stake in Kyndryl, about 22.3 million shares, along with $46 million in cash, to Goldman Sachs. Miguel Medina/AFP via Getty Images IBM has swapped ha...
IBM Reports Earnings Tuesday. What to Expect.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
IBM Reports Earnings Tuesday. Wall Street Is Watching for Software Growth.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...