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International Business Machines (NYSE: IBM) stock is losing ground Thursday despite posting a better-than-expected first-quarter report yesterday. The company's share price had fallen 7.5% as of ...
First-quarter sales increased almost 1% to $14.5 billion, IBM said Wednesday in a statement. Profit, excluding some items, ...
International Business Machines said 15 of its government contracts were shelved under a cost-cutting drive by the Trump ...
Wamsi Mohan, Bank of America Global Research senior IT hardware analyst, joins 'Squawk Box' to break down IBM's quarterly ...
IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to ...
On the positive side, IBM exceeded consensus estimates for both earnings and revenue. The company reported earnings per share of $1.60, surpassing the estimate of $1.40. Furthermore, its reported ...
IBM CFO James Kavanaugh has revealed 15 federal contracts between the US government and the tech giant had been cancelled, ...
The company's CFO, James Kavanaugh, told investors during IBM's Q1 2025 earnings call on Wednesday that the contracts ...
IBM is taking a ‘Client Zero’ approach to its AI agent business proposition, having rolled out its strategy to 270,000 ...
U.S. equities were higher at midday on optimism the Trump administration may strike trade deals that will lower tariffs.
Tech-infrastructure giant IBM on Wednesday offered a solid sales outlook despite worries about the impact of a global trade ...
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