IBM (IBM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 24. On the oth ...

IBM (IBM) has been beaten down lately with too much selling pressure. While the stock has lost 5.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures th ...

Michael Derrer Fuchs We previously analyzed that International Business Machines Corporation's (NYSE:IBM) AI development predominantly revolved around the Software segment, representing 84.2% of AI projects. However, despite a diverse patent portfolio, AI has not notably boosted revenue growth as seen with the company's poor 5-year average growth (-4.4%). Although disclosed Intellectual Property and Custom Development Income increased by 8.4% to $664 mln in 2022, it fell short of the company's 10-year 17% a ...

MADRID, SPAIN - APRIL 05: The Minister for Digital Transformation and Public Administration, Jose ... [+] Luis Escriva (left), and IBM Vice President and Director of IBM Research, Dario Gil (right), sign a collaboration agreement at the Ministry's headquarters on April 5, 2024, in Madrid, Spain. (Photo By Jesus Hellin/Europa Press via Getty Images)Europa Press via Getty ImagesComputing behemoth IBM IBM is slated to report its Q1 2024 results on April 24, reporting on a quarter that is likely to have seen th ...

The S&P 500 notched a marvelous rally in the first three months of 2024, banking on AI optimism and hopes that the Federal Reserve will cut interest rates in the second half of this year.However, the broader index has experienced a topsy-turvy ride so far this month. This is because of a hotter-than-expected rise in consumer prices and an uptick in wholesale prices that dampened the chances of any rate cuts soon.Even though the prices of indispensable goods and services dropped significantly from their peak ...

ARMONK, N.Y., April 10, 2024 /PRNewswire/ -- IBM (NYSE: IBM) will hold its quarterly conference call to discuss its first-quarter 2024 financial results on Wednesday, April 24, 2024 at 5:00 p.m. ET. The live webcast of the earnings call can be accessed at www.ibm.com/investor.Please also visit the investor website for the earnings press release prior to the webcast. A replay, associated charts and prepared remarks will be available after the event.Media contact:Tim DavidsonIBM Corporate Communications[email ...

International Business Machines (IBM) is showing an implied volatility percentile of 99%, which means the current level of IV is higher than 99% of all other occurrences in the last 12 months.X When volatility is high, it can be a good time to be an option seller rather than a buyer.Part of the reason for the high volatility in IBM stock is because the company reports earnings on Friday before the market open.Option traders can take advantage of the high volatility by selling a strangle. This option trading ...

IBM (IBM) closed the latest trading day at $189.82, indicating a +0.36% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.04%. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq increased by 0.03%.The technology and consulting company's stock has dropped by 3.48% in the past month, falling short of the Computer and Technology sector's gain of 4.26% and the S&P 500's gain of 2.57%.The investment community will be c ...

These stocks can be great options for buy-and-hold investors who want exposure to artificial intelligence without having to pay a big premium.Are you bullish on artificial intelligence (AI) but don't want to spend a massive premium to own Nvidia or one of the big-name AI stocks? There are still some fairly priced AI stocks that can be great options for investors to consider. If you have $5,000 you can afford to invest and are looking to get some good bang for your buck when it comes to AI investing, you sho ...

Now online, the IBM quantum system will expand the longstanding RPI and IBM partnership to accelerate quantum computing research, workforce development, and education in New YorkTROY, N.Y., April 5, 2024 /PRNewswire/ -- Today, Rensselaer Polytechnic Institute (RPI) and IBM (NYSE: IBM) officially unveiled the world's first-ever IBM quantum computer on a university campus. Building on RPI's bicentennial celebration of 200 years of firsts, IBM Quantum System One will significantly enhance educational and resea ...