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IBM Stock Slides on Disappointing Software Sales
Today's bear gap has IBM dropping to its lowest levels since mid-May, moving sharply away from its June 25 record high of $296.16. The 150-day moving average looks like it will move in as support for today's pullback, however. Year-to-date, the equity is up 16.5%.
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IBM Q2 Deep Dive: Software Momentum and AI Adoption Offset Consulting Caution
Technology and consulting giant IBM (NYSE:IBM) reported in Q2 CY2025, with sales up 7.7% year on year to $16.98 billion. On the other hand, next quarter’s revenue guidance of $15.72 billion was less ...
The tech company’s investments in artificial intelligence are helping it stay agile as customers continue to shift their ...
A McKinsey report puts the global market potential of the new technology in the areas of marketing, sales, and supply chain ...
"This has been a challenge forever – to get resellers to sell hardware and software together," said Shannon McWilliams, director of software sales at Arrow Enterprise Computing Solutions ...
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