IBM
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Intl Business Machines Corp
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IBM News30 articles
IBM's Swiss Quantum Hub: A Strategic Pipeline Play, Not Yet an Earnings Catalyst
IBM's first Swiss quantum system is a strategic research hub, but without disclosed financial terms, it signals pipeline growth, not immediate revenue. Shares rose 3.96% on Friday.
KPMG Australia Cuts 5% of Staff After Consulting Revenue Plunges 17%
KPMG Australia is cutting 5% of its workforce after consulting revenue tumbled 16.9%, with 27 partners and about 360 staff affected. Total revenue slipped 1%.
IBM Stock Soars 15% Post-Earnings, Nears Analyst Price Targets
IBM shares jumped 14.53% since July earnings, closing Friday at $235.68, just 3.92% below analyst targets. Software revenue rose 5% while infrastructure fell 7%.
IBM Stock Rises 6% Despite Lowered Price Targets Ahead of Ex-Dividend
IBM outperformed the market last week, but Wall Street trimmed targets. Ex-dividend adjustment set for Monday.
Dow Rises 537 Points on Earnings-Driven Rotation into Value Stocks
The Dow Jones Industrial Average jumped 537 points on Tuesday, led by strong earnings from defensive and industrial stocks, while the Nasdaq slipped.
IBM Stock Rebounds as $10.9B Cash Flow Target Looms
IBM shares recovered 3.65% on Friday to $214.19, but the company faces a $10.9 billion free cash flow challenge in the second half after a weak Q2.
Wall Street Slips Again as AI Earnings Fail to Impress; Fed Decision Looms
U.S. stocks declined for a second consecutive week as investors sold off AI-related shares despite strong earnings, with the Magnificent Seven losing $787 billion in a single session.
Dow Rises 235 Points on Oil Pullback, Fed and Tech Earnings in Focus
The Dow Jones Industrial Average rose 235 points on Friday, closing at 51,946.51, as oil prices dropped and markets awaited the Fed's policy decision and big tech earnings.
Dow Surges 340 Points as Oil Slump Boosts Blue Chips; Nasdaq Lags
The Dow rose 340 points on Friday, buoyed by a sharp decline in oil prices, while the Nasdaq remained under pressure from AI-related selloffs.
IBM's Free Cash Flow Yield Rises to 8% After Revenue Guidance Cut
IBM's free cash flow yield expands to 8.1% after slashing revenue guidance, though cash forecast holds. Shares drop 29% in two weeks.
IBM Trims 2026 Revenue Forecast, Puts Pressure on H2 Cash Flow
IBM cut its 2026 revenue growth forecast to 4%-5% and held its cash flow target, raising the bar for H2. Q2 revenue of $17.16B fell short of analyst expectations.
Dow Flat as Software Slide Offsets Goldman's Gains
The Dow ended nearly flat on Wednesday as a decline in software stocks, led by Microsoft and Salesforce, countered a boost from Goldman Sachs.
IBM Faces $10.9B Cash Flow Challenge Ahead of Q2 Report
IBM requires $10.9B in free cash flow in H2 2026 to hit its annual target, a 10% increase from last year. Shares fell 1.2% ahead of Q2 earnings.
Chip Rebound Powers Wall Street Higher, but Nasdaq Breadth Remains Weak
Wall Street closed higher Tuesday, led by a 5.5% surge in chip stocks, though Nasdaq breadth remained weak with 103 new lows vs 41 new highs.
Dow Drops 305 Points as Price-Weighted Index Drags Despite Tech Rebound
The Dow Jones Industrial Average dropped 305 points on Monday, as declines in high-priced industrial and financial stocks offset a tech rally.
Chip Stocks Rally as Dow Lags on Price-Weighted Index Decline
The Dow dropped 0.95% in two sessions, underperforming the S&P 500 and Nasdaq as chip stocks rebounded. Apple and Boeing contributed to the Dow's decline.
ServiceNow Stock Slips as Backlog Growth Takes Center Stage Ahead of Earnings
ServiceNow shares declined 2.7% as investors scrutinized the company's cRPO growth guidance of 19%, which trails its subscription revenue target of 22.5%, ahead of Q2 earnings.
Tech Stocks Rally on Chip Sector Strength Ahead of Key Earnings
US stock futures advanced on Monday, led by a 3.5% surge in semiconductor stocks, as investors anticipate earnings from major tech companies.
IBM's Worst Week in History Sparks Doubts on Software Strategy
IBM shares plummeted 26% in their worst week ever, erasing $69B in market cap after preliminary Q2 results missed revenue and earnings estimates.
Cisco's $9B AI Order Target Faces Q4 Scrutiny as Shares Slide
Cisco shares dropped 4.5% as its $9 billion AI order target requires $3.7 billion in Q4 hyperscaler orders, nearly double the prior quarter's pace, raising investor concerns.
CrowdStrike surges $23 billion after IBM flags cybersecurity worries
CrowdStrike surged $23 billion in market cap after IBM cited cybersecurity worries. Shares jumped 12% to $210.73, leading the S&P 500, as ARR targets for Q2 loom.
IBM shares tumble 25% on mainframe slump, software miss
IBM shares fell 25% after preliminary Q2 results showed a 24% decline in mainframe and support revenue, missing estimates and impacting software sales tied to mainframes.
Earnings Quality Drives 34-Point Market Swing; Five Stocks in Focus
A 34.2-point performance gap emerged among top stocks as investors focused on earnings quality over simple beats. IBM, Goldman Sachs, and major banks are under scrutiny.
Dow's 922-Point Swing Masks Broader Market Gains Amid Inflation Relief
A 922-point tug-of-war between Goldman Sachs and IBM left the Dow nearly flat, but the S&P 500 and Nasdaq rose on cooling inflation data.
Dow barely moves as Goldman and IBM swing index by 922 points
The Dow edged up just 0.05% as a 922-point swing between Goldman Sachs and IBM masked broader market gains. Cooling inflation data lifted rate-cut expectations.
Dell Surges on IBM Data Showing Enterprise Shift to AI Infrastructure
Dell shares climbed 5.8% after IBM's preliminary results showed enterprise clients shifting budgets to AI hardware. The move adds $16.2 billion in market value.
Okta Surges $2.4B as Cybersecurity Demand Outpaces IBM's Cloud Spending Warning
Okta shares surged 10% to $153.55, adding $2.4B in equity value as cybersecurity demand remains robust despite IBM flagging broad cyber concerns that are slowing software budgets.
Dow's Modest Drop Conceals 936 Points of Intense Single-Stock Turmoil
The Dow slipped 96 points, but a massive 936-point swing within the index underscored sharp divergences among components, with IBM plunging and banks surging.
Dow's IBM Drag Masks Broad Market Rally on Cool CPI
IBM's $75.61 decline cut about 449 points from the Dow, but broader markets rallied as June CPI fell 0.4%, easing inflation concerns.
UiPath Stock Rebounds After IBM Rout, Trades Near Buyback Level
UiPath stock bounced back 7.3% from its session low after an IBM-driven selloff, now trading near its buyback price of $11.47 with a cash-heavy balance sheet.