Shares of IBM and Nike are posting strong returns Thursday afternoon, lifting the Dow Jones Industrial Average into positive territory.
IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 free cash flow guidance came in above expectations.
IBM stock was recently up 13%, to $259.23, midday Thursday and has risen 38% this year, signaling the market's rally around the company's artificial intelligence strategy and upbeat outlook for 2025.
International Business Machines Corp’s (IBM) stock soared nearly 14% to an all-time high of $261.80 on Thursday morning, ...
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
Microsoft shares slumped on Thursday after the company's earnings left investors disappointed overnight. Meanwhile, Meta and Tesla traded higher, having shaken off the initial weakness that greeted ...
IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the ...
In a report released today, Keith Bachman from BMO Capital maintained a Hold rating on International Business Machines (IBM – Research Report), ...
Telefonica Tech, a subsidiary of Spanish telecommunications firm Telefonica, S.A. (TEF.MC), Thursday announced a collaboration with ...