International Business Machines Corporation (IBM)
IBM price, Q1 earnings: Stock sinks 6% after news that Elon Musk's DOGE cuts thwarted 15 government contracts
Over the past 30 days, many big-name tech giants have seen their stock prices fall hard, largely thanks to President Trump's chaotic tariff rollout. For example, Apple (Nasdaq: AAPL) has seen its shares fall 11% over the past month, while Nvidia has seen its shares fall (Nasdaq: NVDA) over 12%.
IBM Earnings Underwhelm Investors
David Bahnsen, chief investment officer at The Bahnsen Group, says recent tech results are good news for markets but investors should still be wary of overpaying. Bahnsen joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.
IBM Stock Slides Despite Q1 Earnings Beat: Time to Buy Its ETFs?
IBM reports robust first-quarter 2025 results and offers upbeat sales outlook for Q2. The stock falls on concerns over federal contract cuts.
IBM Q1 Earnings & Revenues Beat Estimates on Solid Demand Trend
IBM reports solid first-quarter 2025 results, driven by healthy demand in the Software segment along with a client-focused, diverse portfolio.
IBM tops Q1 estimates driven by software growth
International Business Machines Corp (NYSE:IBM) saw its first quarter sales increase modestly year-over-year as its software unit offset declines in other business lines. For the quarter, revenue was up 1% at $14.5 billion, above estimates of $14.4 billion.
IBM Q1 Earnings Review: Big Blue's $6 Billion AI Flex
IBM's Q1 2025 results were strong, driven by robust performance in Software and Infrastructure, despite Consulting's drag due to macro uncertainties. Red Hat's open-source platform significantly contributed to IBM's AI and Software growth, with AI business surpassing the $6B mark, growing $1B, sequentially. Management's confidence is reflected in issuing Q2 revenue guidance above estimates, highlighting IBM's resilience amid economic uncertainties.
Wall Street Breakfast Podcast: Big Slide For Big Blue
IBM's Q1 results showed strong software revenue growth but were overshadowed by consulting declines and DOGE-related concerns. Gold steadied after a significant drop, presenting a dip buying opportunity, with central banks likely to support prices.
International Business Machines Corporation (IBM) Q1 2025 Earnings Call Transcript
International Business Machines Corporation (NYSE:IBM ) Q1 2025 Earnings Conference Call April 23, 2025 5:00 PM ET Company Participants Olympia McNerney - Global Head of IR Arvind Krishna - Chairman, President and CEO James Kavanaugh - SVP and CFO Conference Call Participants Jim Schneider - Goldman Sachs Wamsi Mohan - Bank of America Amit Daryanani - Evercore ISI Ben Reitzes - Melius Research Erik Woodring - Morgan Stanley Brian Essex - JPMorgan Matt Swanson - RBC Capital Markets Operator Welcome, and thank you for standing by. At this time, all participants are in a listen-only mode.
IBM effected by DOGE cuts, downplays impact during Q1 earnings call
Tech and consulting giant IBM was not immune to the Department of Government Efficiency's (DOGE) cuts.
IBM Set to Benefit from Focus on AI, Automation as Clients Seek Efficiency in Uncertain Economy, CFO Says
For the second-quarter, IBM guided for sales between $16.4 billion and $16.75 billion, ahead of the $16.31 billion expected by analysts.
IBM forecasts second-quarter revenue above estimates, soothing tariff worries
IBM said on Wednesday it expects second-quarter revenue above Wall Street estimates, betting on resilient demand for its software services amid economic uncertainty brought on by U.S. President Donald Trump's tariffs.
IBM beats on earnings and revenue, maintains full-year guidance
IBM reported better-than-expected earnings and revenue for the first quarter. The company maintained its full-year forecast even in the face of what CEO Arvind Krishna called a "fluid" economic environment.
