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IBM (IBM) concluded the recent trading session at $265.52, signifying a +0.12% move from its prior day's close.
It's also important for investors to be aware of any recent modifications to analyst estimates for IBM. Recent revisions tend to reflect the latest near-term business trends.
IBM Announces 3,900 Job Cuts The company said the layoffs were a final step after asset sales rather than a sign of weakness in its business.
Tech stock IBM sees surge on AI trends, mixed Q3 results, financial outlook positive but risks noted.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for IBM. These revisions help to show the ever-changing nature of near-term business trends.
We are seeing the effects of disruptive technology. Chegg, an educational company, and IBM have both announced that AI will cause a change within their respective organizations.
IBM is cutting 8,000 jobs as AI takes over, primarily in the HR department. This highlights the growing impact of artificial intelligence on corporate roles.
Will AI replace developers? Anthropic predicts a takeover in a year, while IBM argues AI will assist, not replace, coders.
IBM's full-year Zacks Consensus Estimates are calling for earnings of $9.91 per share and revenue of $63.04 billion. These results would represent year-over-year changes of +3.01% and +1.91% ...