IBM / IBM's stock rises after earnings beat, company says AI adoption is growing

Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store. more_horizontal

IBM's mainframes are still widely used, and many applications run on ancient COBOL code. With a dwindling pool of programmers capable of modernizing C more_horizontal

IBM (NYSE:IBM) is at the top of the Dow Jones Industrial Average (DJI) today, after the blue-chip tech giant reported strong third-quarter earnings a more_horizontal

IBM's third-quarter sales and earnings beat the market's expectations. The company also launched a new AI-powered coding assistant. more_horizontal

IBM highlighted strength in its software and consulting businesses as revenue climbed 4.6% to $14.8 billion. more_horizontal

A healthy demand for hybrid cloud and AI solutions with a client-focused portfolio and broad-based growth help IBM beat third-quarter 2023 earnings es more_horizontal

IBM (IBM) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $ more_horizontal

International Business Machines (IBM) reported third quarter earnings that beat analyst estimates. IBM reported adjusted earnings of $2.20 per share v more_horizontal