IBM Stock Rises on AI Demand, Earnings Boost
Adjusted per-share earnings came ahead of Wall Street estimates.
IBM rallies nearly 14%, heads for best day ever on strong earnings
IBM surged 14% on the back of a strong fourth-quarter print as artificial intelligence growth boosted its software business. The move put the stock on pace for its best day on record based on data going back as far as 1972.
IBM shares rise 9% on earnings beat
The shares rose 10% in extended trading. It's the largest rise in IBM's stock price since March 2020. Here's how the company did versus LSEG consensus expectations:
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.
IBM Earnings: Shares Soar 8% after Strong EPS Beat
Shares of tech company International Business Machines (IBM) soared in after-hours trading after it reported earnings for its fourth quarter of
IBM profits beat expectations, and stock rallies
Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.
IBM beats profit estimates as software business surges, shares rise
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading.
IBM Stock Soars on Earnings Beat. CEO Says AI Is Helping.
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.
IBM stock jumps 12% after strong Q4 results, fueled by AI growth
IBM saw a remarkable 12% surge in its stock price on Thursday, driven by a strong fourth-quarter performance that showcased ...
IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and ...
IBM Stock Jumps, Leads S&P 500 Gainers, on Results, Open-Source AI Strategy
IBM shares jumped 13% to lead S&P 500 gainers Thursday, a day after the company posted fourth-quarter results that topped analysts' estimates as its artificial intelligence (AI)-enabled business ...
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
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IBM Q4 2024 Earnings: 5 Things To Know
AI momentum, Red Hat acceleration and HashiCorp updates are among the most likely topics on IBM 4Q 2024 earnings report.
Tech earnings surprise winner: IBM shares soar toward biggest gain on record
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 ...
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A Surprising Jump in IBM Stock: The Story Behind Its Meteoric Rise
The recent surge in IBM’s stock price and its promising outlook for 2025 suggest that the company is on track to continue its growth in key areas like AI and cloud services. Investors are clearly ...
IBM stock soars on strong profit and bullish 2025 forecast
IBM Corp. met analysts’ revenue estimates in the fourth quarter, but investors chose to focus on profit and a strong 2025 ...
Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
IBM shares rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that ...