After the closing bell on Jul 24, International Business Machines (NYSE: IBM) reported strong second-quarter 2024 results. It beat estimates for earnings and revenues, citing rising customer demand for new AI projects. IBM shares spiked 4%…
IBM shares climb after reporting Q2 results. The company's AI bookings to date doubled in the quarter. Analysts remain positive on the company's growth potential.
IBM reports Q2 revenue up 2% YoY to $15.8B, vs. $15.6B est., and says bookings for AI consulting and software have exceeded $2B since mid-2023, vs. $1B in Q1 — International Business Machines Corp. reported a jump in bookings for its…
IBM reported better-than-expected results for the second quarter, and the company said it's seeing more business tied to generative artificial intelligence.