IBM’s strong Q4 earnings, driven by AI momentum, set off a 12% stock surge as CEO Arvind Krishna highlighted DeepSeek’s success as validation of Big Blue’s open-source AI strategy
DeepSeek's sudden emergence is shaking up the tech scene. That could be good news for small startup companies.
Artificial intelligence was the focus when tech giants Microsoft and Meta kicked off the first round of Big Tech earnings of 2025. Here's what we learned.
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and offerings.
While the hyperscalers and cloud builders provide the best indicator of what it takes to create state of the art GenAI models and the infrastructure to
Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to be the only growth business. It reported $7.9 billion in revenue in Q4, up 10% YoY.
IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my buy rating for IBM stock.
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if you want upside with a smoother ride than an individual stock,
AI momentum, Red Hat acceleration and HashiCorp updates are among the most likely topics on IBM 4Q 2024 earnings report.
The latest model from the Chinese startup challenges existing AI cost structures, but analysts warn against overreacting and changing course.
Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of Economic Analysis. And weekly jobless claims totaled 207,000 for the week ending January 25, a decrease of 16,000 from the 223,000 reported in the week prior, according to the Department of Labor.