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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%.
IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...
Growing Software Sales Underpin IBM’s Narrow Moat Eric Compton , Apr 24, 2025. Share. Business ... We do not foresee any material environmental, social, or governance issues on the horizon.
AI and hybrid cloud combined to give IBM solid growth in revenue and earnings during its second fiscal quarter 2025.
IBM's AI Book of Business — a combination of bookings and actual sales across various products — stood at more than $5 billion inception-to-date, up about $2 billion from the third quarter.
IBM Corp. today announced plans to acquire Software AG’s StreamSets and webMethods application integration platforms for €2.13 billion, or about $2.33 billion, in cash.. The deal comes only ...
At the time of McDade's appointment, IBM reassigned Mark Ouellette, then vice president of worldwide SMB sales, to a new role as vice president of worldwide sales operations for the software ...
International Business Machines Corp. gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business. Long-term sales will increase more ...
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