IBM delivered stronger results than expected and raised its forecast for full-year free cash flow. But revenue and gross margin in the software business were below consensus. IBM shares have ...

IBM Confirms Layoffs Impacting Up to 5,000 Workers as It Shifts Focus to AI Your email has been sent IBM is cutting thousands of jobs as it pivots toward AI and software. The tech giant’s ...

IBM shares rise as much as 10% after Q4 profit beat Software segment records biggest growth in 5 years AI book adds $2 billion from Q3, stands at $5 billion inception-to-date Jan 29 (Reuters) - IBM ...

IBM (NYSE:IBM) was initiated with an Outperform rating by Oppenheimer due in part to double-digit revenue growth in its software segment, driven by its Red Hat offerings. "Red Hat specifically has ...

IBMIBM stock jumped Thursday after the tech giant reported fourth-quarter results above expectations, with the company touting its software growth and momentum offering AI-related services to ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. IBM will cut a low single-digit percentage of its global workforce by year-end. Layoffs follow prior restructurings as IBM pivots to ...