IBM’s strong Q4 earnings, driven by AI momentum, set off a 12% stock surge as CEO Arvind Krishna highlighted DeepSeek’s ...
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a ...
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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.
IBM surged 13% Thursday on the back of a strong fourth-quarter print that showed artificial intelligence growth boosting its software business. The move pushed the stock to its best day since July 20, ...
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.
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and ...
Arvind Krishna told financial analysts that IBM investments in AI and consulting will help drive the company’s business going forward.