IBM misses third-quarter revenue estimates as consulting drags; shares fall
International Business Machines missed analysts' estimates for third-quarter revenue on Wednesday, hurt by weakness in its consulting segment as businesses cut back on discretionary expenses, coupled with declines in the infrastructure business.
IBM (IBM) is scheduled to report results of its fiscal third quarter after the market close on October 23, with a conference call scheduled for ...
Wall Street's three major averages were mixed on Thursday. A post-earnings surge in Tesla (TSLA) propped up the tech-heavy ...
Wall Street is drifting Thursday following a rush of profit reports from big U.S. companies, as a sharp drop for IBM helps ...
Big Blue has reported its financial results for the third quarter of 2024, and the thing that stands out most is not the ...
The labor market continues to defy the doomsayers. Weekly initial jobless claims unexpectedly fell by 15,000 to 227,000.
Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports. The S&P 500 rose 0.2% Thursday to break its first three-day losing streak since early ...
Shares jumped 22% on Thursday after the electric carmaker posted better-than-expected earnings, boosted by stronger sales and revenue from regulatory credits. ↘️ ...
Wall Street steadies as Tesla surges, while economic reports show mixed signals and Treasury yields remain elevated.
Bernstein expects IBM to reaffirm its expected revenue for the 2024 fiscal year and its free cash flow targets. The vendor ...
Wall Street analysts expect IBM (IBM) to post quarterly earnings of $2.26 per share in its upcoming report, which indicates a year-over-year increase of 2.7%. Revenues are expected to be ...
Treasuries rebounded after days of losses.A gauge of the “Magnificent Seven” hit a three-month high, with Tesla Inc. up 20% ...
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