International Business Machines Corporation (IBM)
Pre-market:
| Previous close | 182.19 |
| Open | 183.17 |
| Bid | 168.10 x 1200 |
| Ask | 168.73 x 900 |
| Day's range | 181.40 - 184.29 |
| 52-week range | 120.55 - 199.18 |
| Volume | |
| Avg. volume | 4,507,690 |
| Market cap | 168.773B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 22.56 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 6.64 (3.61%) |
| Ex-dividend date | 08 Feb 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
Meta, IBM sink on earnings, American Airlines and Caterpillar report: Yahoo Finance
Meta, IBM sink on earnings, American Airlines and Caterpillar report: Yahoo FinanceShares of Meta (META) are deep in the red this morning despite the company beating earnings expectations. Investors were spooked by the tech giant’s second-quarter outlook. IBM (IBM) shares are also falling this morning after reporting first-quarter revenue that missed expectations. Today we will hear from several top names, including American Airlines (AAL), Caterpillar (CAT), Merck (MRK), Royal Caribbean (RCL), Microsoft (MSFT), Alphabet (GOOGL, GOOG), Intel (INTC), and Roku (ROKU). Yahoo Finance trending tickers include Chipotle (CMG), ServiceNow (NOW), and Ford (F). Key guests include: 9:30 a.m. ET - Ryan Detrick, Carson Group Chief Market Strategist 9:45 a.m. ET - Jack Hartung, Chipotle CFO 10 a.m. ET - Roger McNamee, Elevation Partners Co-Founder 10:10 a.m ET - Glenn Kelman, Redfin CEO 11 a.m. ET - Glenn Kelman, Redfin CEO
- Investor's Business Daily
Dow Jones Futures Fall As Meta Dives, Chipotle Eyes Buy Point; Key Economic Data Due
The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.
- Reuters
IBM falls as enterprise-spending constraints choke consulting demand
Weakness in smaller discretionary projects affected the consulting segment, but analysts at J.P.Morgan said the backlog could help reaccelerate the business through 2024. "Although software acceleration is encouraging, this was offset by more significant-than-expected deterioration of Consulting, along with incremental FX headwinds expected for the rest of the year," analysts at J.P.Morgan said. IBM's software business grew 5.5% in the quarter and the company announced a $6.4 billion deal to buy cloud software company HashiCorp, aiming to make the most of an AI-led boom in demand for the data storage capabilities of the cloud.
