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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%.
AI mainframe sales help IBM beat Street’s earnings targets, but software miss upsets investors
IBM Corp. beat expectations on second-quarter earnings and revenue today, aided by strong sales of new mainframe hardware that’s capable of processing vast amounts of data for artificial intelligence workloads, but a miss on software revenue sent its stock plunging nearly 8% on Thursday.
IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...
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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 ...
IBM's Q2 results actually beat Wall Street's expectations, but investors are seeing worrying signs in the report.
IBM, one of the world's largest IT services companies, remains the dominant provider of mainframes and has built out consulting and software businesses focused on digital transformation projects ...
"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 ...
IBM beat analysts' estimates for second-quarter revenue and raised its annual growth forecast for its software business on Wednesday, riding on higher AI-linked spending by clients looking to ...
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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