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IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its ...
IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...
Today's bear gap has IBM dropping to its lowest levels since mid-May, moving sharply away from its June 25 record high of ...
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InvestorsHub on MSNIBM Shares Fall Over 5% as Software Segment Struggles Despite AI Mainframe GainsShares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the ...
We also think IBM's AI-related software revenue, while still a minority of AI-specific revenue (with the majority being consulting bookings), should grow at a more accelerated rate over time.
IBM Corp. beat expectations on second-quarter earnings and revenue today, aided by strong sales of new mainframe hardware ...
IBM gets lift from software, AI demand as consulting slips By Arsheeya Bajwa July 24, 20243:50 PM PDTUpdated July 24, 2024 ...
IBM's Software Group has changed the compensation structure for its SMB sales reps by eliminating higher commissions on software sold direct,a move that solution providers say stands to boost ...
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