Shares of International Business Machines Corp. (NYSE:IBM) certainly took it on the chin yesterday. IBM stock dropped over 12 points, or 7.5%, following lukewarm earnings and disappointing guidance. This was the worst day for IBM since …
On Tuesday afternoon, IBM reported its second consecutive quarter of revenue growth, suggesting years of heavy investing in initiatives targeting cloud computing and artificial intelligence may finally be starting to pay off, but the stock initially ...
IBM should have had a good day on Wall Street, after reporting its second straight quarter of revenue growth following five years of consecutive quarterly revenue declines. Instead, the stock price dropped 7.5% on Wednesday -- its worst …
Big Blue’s stock has also been a big laggard in the market during this stretch, losing about one-fifth of its value at the same time tech shares in general have more than doubled in price. But don’t be surprised if IBM catches investors off …
Time3mon
Anything associated — even loosely — with blockchain or bitcoin has been blowing up over the past few weeks and months. But International Business Machines Corp (NYSE:IBM) hasn’t caught the same wind. That’s an odd …
International Business Machines Corp. (NYSE:IBM) is going through another era in the evolution of its “business machines”. As legacy businesses waxed and waned, so did the fortunes of IBM stock holders. Now, with emerging …
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it …