IBM beats Q2 earnings estimates, lifted higher by AI

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Brian Sozzi Nouvelles

Adjusted Earnings,Market Domination,Semiconductor Company

IBM (IBM) beat forecasts for its second quarter, posting adjusted earnings of $2.43 per share ($2.20 expected) and revenue of $15.77 billion ($15.61 billion ...

) beat forecasts for its second quarter, posting adjusted earnings of $2.43 per share and revenue of $15.77 billion .I'm, I'm hungry just thinking about it.So, uh look, I'm surprised initially by the market reaction, I thought the street would have geared, you know, looked uh into that data in A I business under the software uh business for IBM.I asked Jim Kavanaugh about that, not seeing any weakness on A I.

Some fears that companies are not upgrading to various A I technologies or tools as fast as the market is priced into the stocks. I also asked him, asked him his views if we're going to see a pause in customer demand, consulting software, you name it ahead of the election.A lot of ceos told me when they came out in earnings days ahead of prior election, consumers would pause, they would get a little cautious ahead of the election season, Jim Kavanaugh not seeing it.

So with the analysis, the insight, I love Chipotle, I'm so psyched, I'm gonna send you my photos and you're gonna be back with more earnings.Will France collect their second consecutive gold medals for the men and women's handball teams this year? Here's how to watch every handball game at the 2024 Summer Olympics.A hefty U.S.

 

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