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IBM Stock Falls
IBM revenue misses, but execs say AI will drive future growth
The revenue miss sent IBM shares down over 3% in extended hours trading. Executives put a positive face on the numbers, saying the software business, which now constitutes 45% of overall revenue, grew 10% from a year earlier, to $6.5 billion, ahead of the $6.4 billion analysts had predicted.
IBM Stock Falls After Revenue Misses Wall Street Forecasts
International Business Machines (IBM) stock fell, after quarterly revenue undershot consensus estimates. While sales rose from a year earlier, boosted by high demand for artificial intelligence-related offerings,
Why IBM Stock Is Falling Today
IBM serves up mixed Q3 results. IBM reported non-GAAP (adjusted) earnings per share of $2.30 on revenue of $14.97 billion in Q3. Meanwhile, the average analyst estimate had called
Hosted on MSN
3h
Should Investors Buy IBM Stock for its Quantum Potential?
International Business Machines Corporation — ($IBM) stock has surged in 2024, outpacing the rest of the market and beating ...
3d
IBM's Triangle team leads AI innovation
Research Triangle Park team leads next-generation AI model development. IBM's Red Hat acquisition catalyzed open-source AI ...
CRN
4d
IBM AI Updates Include Granite 3.0, Watsonx Upgrades
IBM AI announcements at TechXchange 2024 include Watsonx upgrades, Granite 3.0 models unveiled, Consulting Advantage ...
cio.economictimes.indiatimes
3d
IBM releases new AI models for businesses as genAI competition heats up
"Granite 3.0" models will be made open-source, similar to other versions in IBM's Granite family of AI models. This approach ...
3d
on MSN
AI for business: IBM unveils new open source AI ‘Granite 3.0’ models for business
IBM is rolling out new AI models, which it claims outperforms other popular large language models (LLMs).View on euronews ...
4d
IBM releases new Granite foundation models under ‘permissive’ Apache license
The company is also unveiling a new generation of its watsonx Code Assistant for application development and modernization.
InfoWorld
4d
IBM works to address the developer skills gap with AI
The watsonx Code Assistant uses the newly announced Granite 3.0 models to provide general-purpose coding assistance across ...
Impacts
4d
IBM Unveils New AI Models For Businesses
IBM on Monday released the latest version of its artificial intelligence models catered towards businesses, looking to ...
2d
IBM launches Granite 3.0 family of high-performing AI models for businesses
At its recently held TechXchange event, IBM announced the release of its most advanced family of AI models yet - Granite 3.0.
1d
on MSN
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure ...
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