IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...
In brief: Amid multiple depressing reports of AI causing job layoffs and white-collar workers under threat, here's some rare positive news: IBM is tripling the number of entry-level workers it plans ...
While the artificial intelligence industry touts that AI will replace entry-level jobs, not every company is scaling back hiring these positions. In IBM’s case, it’s going all in. Hardware giant IBM ...
IBM's growth is being driven by artificial intelligence (AI). Customers are now using its mainframes to help run AI inference, while its watsonx software platform is being used for AI governance and ...
International Business Machines Corp. raised nearly $7.5 billion in the corporate bond market, kicking off what is expected to be a flood of borrowing from the tech sector in 2026. The US firm on ...
IBM (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...
As expected, IBM reported solid Q4 earnings with 12% reported growth somewhat boosted by acquisitions, while constant currency sales only grew at a 9% clip. The initial assumption driving the stock ...
Throughout its 115-year life IBM has shown itself to be a master of reinvention. In the mid-1990s the mainframe pioneer rescued itself from collapse by shifting its focus to the booming business of IT ...
Software segment growth driving Q4 sales strength IBM's Q4 sales, profit beat LSEG-compiled estimates Growth in hybrid cloud decelerating Slowdown in hybrid cloud resulting from US government shutdown ...
IBM on Wednesday topped Wall Street fourth-quarter estimates. The technology and consulting firm expects full-year revenue growth to exceed 5% and free cash flows to increase by $1 billion. IBM's ...
American tech giant IBM announced last month the acquisition of Confluent, a pioneering company in data streaming, for $11 billion. The buyout will allow IBM to strengthen its AI platform and cloud ...
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