IBM Q3 earnings top estimates, maintains guidance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

International Business Machines (IBM) reported third quarter earnings that beat analyst estimates. IBM reported adjusted earnings of $2.20 per share versus...

) reported third quarter earnings that beat analyst estimates. IBM reported adjusted earnings of $2.20 per share versus Wall Street estimates of $2.12. Revenue of $14.75 billion was better than the expected $14.68 billion. IBM Chairman and CEO Arvind Krishna credits customers' adoption of watsonx AI as part of the reason for the earnings beat. Yahoo Finance Live breaks down the report.

Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside the US and Japan. 'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff Alphabet is an intriguing AI-savvy tech stock worthy of Canadians' investment dollars. The post If AI Is Indeed the 4th Industrial Revolution, You’ll Want to Buy These Stocks Sooner Rather Than Later appeared first on The Motley Fool Canada.Zoom Video Communications and two other innovative tech stocks could be getting too cheap to ignore. The post 3 Cathie Wood Stocks for a Hyper-Growth Recovery appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta, IBM earnings, Apple raises price of Apple TV+: Yahoo Finance LiveIt’s another big day of tech earnings, with Meta (META) and IBM (IBM) both reporting quarterly results. Apple (AAPL) announced it is raising the price of its...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »