Is "Bad News" Still "Good News" for the Market?

11:35am, Thursday, 25'th Apr 2024
Thursday, April 25th, 2024 Pre-market futures are plummeting at this hour. We began the early trading session down anyway, based on earnings disappointments from Meta META and IBM IBM after yesterday'

"Big Blue" Stock Drags the Dow After Earnings

10:33am, Thursday, 25'th Apr 2024
IBM Corp (NYSE:IBM) is at the bottom of the Dow today, last seen down 8.7% to trade at $167.95.
IBM witnessed healthy demand trends for hybrid cloud and AI solutions in first-quarter 2024 with a client-focused portfolio and broad-based growth and remains firmly on track to reach its targets for
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

What Exactly Does IBM Do?

06:27am, Thursday, 25'th Apr 2024
IBM has transformed itself over the past decade. The company has shifted toward software and consulting, although it still sells plenty of hardware.
Disappointing corporate earnings are putting the sector under pressure early Thursday.
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
International Business Machines Corporation (IBM) Q1 2024 Earnings Call Transcript
Although the revenue and EPS for IBM (IBM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estim

IBM (IBM) Q1 Earnings Top Estimates

06:20pm, Wednesday, 24'th Apr 2024
IBM (IBM) came out with quarterly earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.36 per share a year ago.
International Business Machines Corporation (NYSE: IBM) published its Q1 financial outcomes on Wednesday after market close. The company's revenue came at $14.46, slightly lower than the predicted $
Amit Daryanani, Evercore ISI Sr. Managing Director, joins 'Closing Bell Overtime' to talk IBM quarterly results.
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.
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