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Cloud Stocks: Big Blue Climbs to 10-Year High on AI Potential

IBM (NYSE: IBM) recently announced strong results for its fourth-quarter that sent the stock climbing 7% in the after-hours trading session. IBM's Financials Revenues for the quarter grew 4% to $17.4 billion, surpassing Street's estimates of $17.3 billion. Adjusted earnings of $3.87 per share were significantly ahead of the analyst estimates of $3.79. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 3% to $7.5 billion, f...
Technology Consulting Platform Solutions Software Ag Super Hybrid Platform Transaction Processing Business Transformation

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IBM Acquires StreamSets, webMethods from Software AG for €2.13 Billion in Cash

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
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