IBM / Why IBM Stock Is Gaining Today Despite a Big Sell-Off for Tech Stocks

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