IBM shares are rising after Big Blue posted better-than-expected results. Revenue dipped, but earnings beat Wall Street estimates.

📆 2019/07/18 02:00:00
📰 BusinessInsider

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

IBM reported earnings that beat Wall Street’s estimates, even as revenue dipped. Big Blue's shares rally after-hours.

Popular from BI Prime

This startup is giving away all its database software for free as open source, and it says it's not afraid of Oracle or AmazonMorgan Stanley just hired a Google veteran for its investment management arm as Wall Street doubles down on its data effortsThis CEO has gotten Sequoia Capital to invest in each of his last four startups. Now, he says the legendary VC firm has changed over the years — for the better.

Write Comment

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:

South Africa South Africa Latest News, South Africa South Africa Headlines

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

IBM stock rises as earnings, cloud revenue beat Street viewInternational Business Machines Corp. shares rise in the extended session Wednesday after the tech giant tops Wall Street earnings estimates for the second...
Source: MarketWatch - 🏆 3. / 97 Read more »