IBM delivered stronger results than expected and raised its forecast for full-year free cash flow. But revenue and gross margin in the software business were below consensus. IBM shares have ...

IBM (NYSE:IBM) was initiated with an Outperform rating by Oppenheimer due in part to double-digit revenue growth in its software segment, driven by its Red Hat offerings. "Red Hat specifically has ...

IBM shares rise as much as 10% after Q4 profit beat Software segment records biggest growth in 5 years AI book adds $2 billion from Q3, stands at $5 billion inception-to-date Jan 29 (Reuters) - IBM ...

IBM is preparing for significant workforce reductions as the technology company accelerates its strategic shift toward software and artificial intelligence. The tech giant plans to eliminate thousands ...