UK markets closed
  • FTSE 100

    7,389.98
    +87.24 (+1.19%)
     
  • FTSE 250

    19,835.95
    +146.93 (+0.75%)
     
  • AIM

    956.64
    +9.47 (+1.00%)
     
  • GBP/EUR

    1.1822
    +0.0040 (+0.34%)
     
  • GBP/USD

    1.2496
    +0.0021 (+0.17%)
     
  • BTC-GBP

    23,502.05
    -881.60 (-3.62%)
     
  • CMC Crypto 200

    650.34
    -23.03 (-3.42%)
     
  • S&P 500

    3,901.36
    +0.57 (+0.01%)
     
  • DOW

    31,261.90
    +8.77 (+0.03%)
     
  • CRUDE OIL

    110.35
    +0.46 (+0.42%)
     
  • GOLD FUTURES

    1,845.10
    +3.90 (+0.21%)
     
  • NIKKEI 225

    26,739.03
    +336.19 (+1.27%)
     
  • HANG SENG

    20,717.24
    +596.56 (+2.96%)
     
  • DAX

    13,981.91
    +99.61 (+0.72%)
     
  • CAC 40

    6,285.24
    +12.53 (+0.20%)
     

Why IBM Stock Jumped Today

·2-min read
Why IBM Stock Jumped Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of IBM (NYSE: IBM) climbed 5.7% on Tuesday after the technology giant's fourth-quarter report gave investors hope that its growth strategy was taking hold. The gains were driven by an 8.2% increase in IBM's software revenue, to $7.3 billion, and a 13.1% jump in its consulting revenue, to $4.7 billion. The company's hybrid cloud operations, which help businesses integrate their private computing resources with public cloud services, enjoyed particularly strong growth.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting