IBM Corp. today announced plans to acquire quantum computing research company HRL Laboratories LLC. IBM is buying the lab from General Motors Co. and Boeing Co. It didn’t disclose the purchase price.
IBM CEO Arvind Krishna told CNBC that just 2% of IBM's software could be replaced with applications built with artificial intelligence models. The comments followed disappointing results, as customers ...
IBM (IBM) stock ticked higher late Wednesday despite the company lowering its growth outlook for the year. Expectations for IBM's second-quarter results were already lowered after the company released ...
IBM lowered its revenue growth forecast to four to five percent after mainframe Z system sales fell 42 percent in the second quarter IBM cut its full-year sales outlook on Wednesday after reporting a ...
International Business Machines warned last week that its quarterly revenue had come up short as customers drained their budgets on artificial-intelligence hardware, leaving less room to invest in ...
IBM now expects 2026 revenue growth of 4% to 5%, down from prior expectation of more than 5% growth Z mainframe revenue slumped 42% in the second quarter Second-quarter adjusted profit was $2.93 per ...
IBM (IBM) shares lost roughly one-quarter of their value on July 14 after the tech giant dropped disappointing preliminary second-quarter results. The collapse was historic, but the severity of the ...
Forbes contributors publish independent expert analyses and insights. Jim Osman is a finance expert with over 30 years of experience. This voice experience is generated by AI. Learn more. This voice ...
IBM has bolstered its Power server portfolio with a new edge S1112 server and announced IBM Power Autonomous Operations, an AI agent that helps customers monitor Power systems and autonomously resolve ...
Admittedly, the negative reaction to Krishna's statement was understandable. According to IBM's preliminary Q2 results, the company's revenue grew by just 1% year over year. That is well below its 9% ...
Monday - Friday, 6:00 - 7:00 PM ET CNBC's Jim Cramer said IBM's sharp sell-off isn't enough to make the stock a buy, as corporate IT spending is shifting away from software toward cybersecurity, ...
IBM’s stock suffered its worst trading day since 1968 on Tuesday after the company admitted it had “faltered” in adapting to the tech industry’s spending shift toward the artificial intelligence race.
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