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Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday after a rush of profit reports from some of the country's most influential companies.
Adjusted per-share earnings came ahead of Wall Street estimates.
IBM's Software segment showed a robust performance this quarter, with revenue growing by 10.4% year over year to $7.9 billion. This was driven by Red Hat's 16% growth and a 15% increase in Automation. The company's foray into hybrid cloud and AI solutions is significant, with its generative AI business contributing over $5 billion in revenue.
Global shares mostly rose Thursday after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. U.S. shares were set to drift higher with Dow futures up 0.
International Business Machines Corp. informó ventas y ganancia trimestrales mejores que lo previsto, así como un aumento de las reservas para negocios relacionados con la inteligencia artificial generativa.
International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year and a jump in AI-related bookings.
Warren County Schools’ IMPACT Center will be one of the first schools of its kind for the Commonwealth, combining a FranklinCovey leadership based curriculum with project-based learning.
A part of IBM that may have received less coverage is its role in quantum computing. In many respects, IBM leads the way in that industry, and many investors may wonder whether that cutting-edge technology makes IBM stock a buy.
Stocks rose Friday as Apple led a broad rally following a strong investor reaction to its quarterly earnings report and the market closes out a whirlwind week highlighted by Nvidia’s record-breaking losses in reaction to China’s DeepSeek cheaper AI model and a flurry of earnings reports.
As businesses prepare for 2025, AI marketing is transforming the way brands engage with consumers. Artificial intelligence is no longer just a buzzword; it has become a critical tool for automating processes,
One staffer previously told BI, "We don't like being micromanaged like school kids." At the start of 2024, IBM told managers to either come into offices or leave the company. IBM asked all US ...