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IBM Stock Rises on AI Demand, Earnings Boost
Investors rallied behind International Business Machines’ artificial-intelligence strategy, driving the stock up after the company released its latest quarterly earnings Wednesday. The tech company said it has taken an open-innovation approach to artificial intelligence,
IBM profits beat expectations, and stock rallies
Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.
IBM beats profit estimates as software business surges, shares rise
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading.
IBM Stock Rises on Earnings Beat. CEO Says AI Is Helping.
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.
IBM shares rise 9% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
2d
on MSN
A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging
US stocks dropped sharply Monday — and chipmaker Nvidia lost nearly $600 billion in market value — after a surprise ...
2d
DeepSeek sparks AI stock selloff; Nvidia posts record market-cap loss
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
2d
on MSN
The AI-stock wipeout lays bare 2 risks investors have been happy to ignore - until now
DeepSeek has complicated the dominant narrative that's propped up the market for the last 2 years, challenging lofty ...
2d
on MSN
Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%
Wall Street’s superstars tumbled as a competitor from China threatens to upend the artificial-intelligence frenzy they’ve ...
1d
AI stock shock could spark broader gains in US market
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock ...
2d
DeepSeek: all the news about the startup that’s shaking up AI stocks
DeepSeek’s ChatGPT competitor quickly soared to the top of the App Store, and the company is disrupting financial markets, ...
2d
on MSN
Apple Outperforms, Gains 2% As AI Fears Hit Tech Stocks
Tech stocks tumbled as Chinese AI startup DeepSeek's advances raised fears of intensified competition, shaking investor ...
2d
on MSN
Intel's former CEO says the market is getting DeepSeek wrong after AI-chip-stock rout
Retired Intel CEO Pat Gelsinger said "the markets are getting it wrong" Monday after investors triggered a sell-off in ...
1d
How DeepSeek’s AI Model Impacts AVGO Stock?
Broadcom’s business relies heavily on their networking products, which are crucial for data transfer in AI systems. If the ...
2d
on MSN
What is DeepSeek, the Chinese AI company upending the stock market?
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and ...
2d
on MSN
AI power related stocks zapped: Here's what to know
In this video, Chloe swaps out starchy potatoes for fresh and light cabbages with this cheesy recipe for loaded cabbage ...
2d
Stocks Down Following China AI News And Ahead Of Big Earnings Week
Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic ...
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