International Business Machines Corp
NYSE: IBM
$226.99
-$1.84 (-0.8%)
Closing Price on November 27, 2024
IBM Articles
If Warren Buffett is considered the greatest investor of the modern era, and if he has held the title of the world's richest man, then maybe he knows a thing or two.
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IBM’s (NYSE: IBM) shares continue to tumble in the wake of its weak earnings and news that Warren Buffett of Berkshire (NYSE: BRK-B) has sold off some of his shares. IBM stock has dropped 10% in...
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While there are some broader issues to consider here, the reality is that the early sell-off in IBM shares on Friday has put pressure on the Dow Jones Industrial Average.
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IBM CEO Ginni Rometty's turnaround has never happened. The board needs to get a new chief executive before more of Wall Street abandons the company.
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After multiple analysts chimed in after earnings, now IBM is even taking a credit rating downgrade from Moody's.
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This may seem hard to imagine, but IBM was looking as though it was set to be a great Dow stock again during recent months. Then its first-quarter earnings tempered those big hopes.
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IBM did not get a bounce in share price that day after its stock plunged due to poor earnings. The results were poor enough to question whether it can turn around at all.
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GE, Verizon, JPMorgan, and IBM weighed the DJIA down on Friday.
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Overall Wednesday started out relatively strong with the broad markets and crude oil up. However, everything turned for the worse over the course of the day. Obviously with crude oil falling, Oil...
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IBM, Chevron, Caterpillar, and JPMorgan weighed on the DJIA Wednesday.
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Overall this was a very weak quarter, despite IBM managing to pull off a beat on the bottom line, but it seems that the bar was already set very low. As a result, investors sent the stock lower and...
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Technology research firm IDC forecasts a compound annual growth rate of more than 50% in global spending on cognitive and artificial intelligence systems.
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Stung by poor earnings and analyst downgrades and price cuts, IBM shares have dropped to a low point hit back in December.
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Wednesday’s top analyst upgrades, downgrades and initiations include BP, BHP Billiton, Goldman Sachs, Halliburton, IBM, Qualcomm, Rockwell Collins and Sirius XM.
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IBM has failed almost every test a turnaround can fail. CEO Ginni Rometty has been in her job too long. IBM's board must know that.
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