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IBM denies exit claims, unveils new African business model
Global technology giant IBM has addressed speculation regarding its potential exit from Nigeria, stating that it will transition to an “alternative operating model” in select African countries.Under ...
IBM Story Is Underappreciated, Goldman Sachs Says Stock Can Re-Rate Higher
Goldman Sachs analyst maintains Buy rating on IBM, citing potential for growth in TMT sector and strong Software revenue outlook.
IBM Is Seeing Growth in Software and AI
More enterprises will prefer hybrid infrastructure solutions over time, and IBM is positioned to meet this need. IBM carries a sizable debt load, measuring $55 billion as of December 2024. However, ...
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IBM Beats Wall Street Expectations With Strong Q4 Earnings and Revenue Growth, Shares Surge 10%
IBM reported better-than-expected fourth-quarter earnings and revenue, surpassing Wall Street’s earnings per share estimate. IBM's software segment grew 10% due to strong demand for AI technology and ...
IBM rallies 13%, notches best day since 2000 on strong earnings
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand ...
IBM rallies nearly 13%, heads for best day since 2000 on strong earnings
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.