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We had previously highlighted the $190-200 area as the best sell zone for IBM. Revenues for IBM were soft in Q1-2024, with consulting growing at sub-inflation rates and clients pulling back. The Compa
International Business Machines (IBM) beat estimates for earnings but missed the same for revenues. Shares are declining following earnings announcement.
International Business Machines Corp (NYSE:IBM), the technology giant, is set to open trading 10% lower on Thursday after it posted weaker-than-anticipated first-quarter revenue and confirmed plans to
Shares in IBM (IBM) plunged more than 8% in extended trading Wednesday after the computing and consulting giant confirmed it will acquire cloud software maker HashiCorp (HCP) for $6.4 billion and post
IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor years ago, recognizing that it could never compete with the big three – Amazon, Microsoft and Google. It has since mov
International Business Machines Corp. came up a hair short with its revenue for the latest quarter, while announcing its intent to acquire infrastructure-automation company HashiCorp Inc. in a $6.4 bi
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.
The company touted strong AI momentum.
IBM is in advance talks to acquire cloud service provider HashiCorp. The potential buyout will boost IBM's hybrid cloud portfolio.
HashiCorp (HCP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Why HashiCorp Rocketed Over 21% on Tuesday

04:23pm, Tuesday, 23'rd Apr 2024
The Wall Street Journal reported that HashiCorp is nearing a deal to be acquired by IBM. While the company could fetch a nice premium to yesterday's closing price, any deal will likely still be far be
Shares of the cloud software company jumped 29% on the report, giving it a market capitalization of about $6 billion.
International Business Machines Corp (NYSE:IBM) is reportedly in the final stages of negotiations to acquire cloud software provider HashiCorp, sources familiar with the matter revealed to the Wall St
HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker

IBM nears acquisition of HashiCorp: report

02:28pm, Tuesday, 23'rd Apr 2024
IBM Corp. IBM, +0.83% is closing in on acquiring cloud-software provider HashiCorp Inc. HCP, +24.40%, according to a report Tuesday in the Wall Street Journal. The deal, which could be reached in days
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