Failed to deliver upside in its software segment during the latest quarter, and that could be weighing on its stock after a strong recent rally. · with the hashicorp acquisition, ibm will run the “red hat playbook” by pushing the product to its global catalog of customers, chief financial officer jim kavanaugh said in an … · investors have been enthusiastic about ibm’s software business and the potential for future growth from artificial intelligence tools and quantum computing. Overall revenue and profits topped estimates, although … In fact, the last time it was oversold, it was followed by a sharp upside reversal. · shares of international business machines corp. · international business machines corp. · ibm shares fell thursday after the tech company reported worse second-quarter software revenue growth than expected. · this article explores the factors contributing to ibms struggles and the strategic responses the company has taken to address these issues. · shares of international business machines declined the most since april 2024 after the company reported weaker-than-expected sales in its closely watched software segment … · ibm (ibm) stock slid thursday despite the tech conglomerate reporting second-quarter results that exceeded expectations, helped by a strong response to its new ai-focused … Earnings beat expectations but ibms revenue came in lower … · because of the recent sell-off, ibm’s technical setup is screaming oversold. Declined the most since april 2024 after the company reported weaker-than-expected sales in its closely watched software …
Ibms Stunning Fall 15 Months Of Declinewhats Next
Failed to deliver upside in its software segment during the latest quarter, and that could be weighing on its stock after a strong recent rally....
