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IBM (IBM) Up 1.8% Since Last Earnings Report: Can It Continue?

By Yahoo! Finance   |   1 month ago
IBM (IBM) Up 1.8% Since Last Earnings Report: Can It Continue?

IBM's Q3 2024 earnings beat estimates but revenue missed. Despite strong demand for hybrid cloud and AI solutions, economic uncertainty impacted performance. IBM's strategy focuses on hybrid cloud adoption and AI offerings like Watsonx. Consulting revenues declined, while infrastructure saw lower demand.

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