Tag Archives: IBM

Key Takeaways Shares of Advanced Micro Devices and International Business Machines jumped Friday following news that readily available and reasonably priced AMD chips can run a key quantum computing algorithm. IBM plans to build a quantum computer named Starling by 2029, and the company’s head of research told Reuters the algorithm work was completed a year earlier than expected. AMD …

IBM says conventional AMD chips can run quantum computing error correction algorithm  Reuters Why AMD and IBM Shares Just Took Quantum Leaps to Record Highs?  Yahoo Finance IBM’s stock has its best day since January, and quantum is a big reason why  MarketWatch AMD’s stock pops nearly 8% on report IBM can use its chips for quantum computing error correction  CNBC IBM and Google …

Shares of tech company International Business Machines (IBM) slipped in after-hours trading after it reported earnings for its third quarter of Fiscal Year 2025. Earnings per share came in at $2.65, which beat analysts’ consensus estimate of $2.45 per share. In addition, sales increased by 9.1% year-over-year, with revenue hitting $16.33 billion. This also beat estimates of $16.09 billion. Elevate …

Wall Street opens flat as Tesla, IBM results underwhelm  Reuters 5 Things to Know Before the Stock Market Opens  Investopedia Tesla, IBM and Moderna fall premarket; American Airlines rises  Investing.com Stock market today: Dow, S&P 500, Nasdaq fall as Netflix sinks, Tesla earnings loom  Yahoo Finance Stock Market Today: Dow, S&P 500, Nasdaq Open Higher; Tesla, Intel, Nvidia, IBM, More Movers  Barron’s Source link

IBM Falls on Lukewarm Growth for Red Hat Software Business  Bloomberg.com IBM tops third-quarter estimates and lifts guidance, but stock drops  CNBC IBM’s slowing cloud growth eclipses upbeat third-quarter results  Yahoo Finance IBM Reports Earnings Today. Software Growth Can Boost the Stock.  Barron’s IBM’s stock falls after growth slows in this key segment  MarketWatch Source link

Key Takeaways U.S. agencies boost 2025 funding for quantum research, driving commercialization momentum. IBM expands with its 1,121-qubit Condor processor and strong hybrid quantum-cloud growth. IonQ and Rigetti post standout gains, with IonQ advancing telecom-ready photons and Rigetti raising $350M. The quantum computing industry in 2025 is moving decisively from research to commercialization. Major U.S. agencies are backing the field …

Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025. Yves Herman | Reuters IBM reported third-quarter results that topped Wall Street estimates and lifted its guidance, citing ongoing artificial intelligence tailwinds. Still, the stock dropped 5% in extended trading. Here’s how the company performed versus LSEG …

Tech behemoth IBM is teaming up with AI research lab Anthropic to bring AI into its software. Armonk, New York-based IBM announced it will be adding Anthropic’s Claude large language model family into some of its software products on Tuesday. The first product to tap Claude will be IBM’s integrated development environment, which is already available to a select group of customers.   IBM also announced it created …

IBM Stock Hits Record High on Anthropic Deal. It’s Not OpenAI, but It Will Do.  Barron’s Anthropic and IBM Partner in Bid for AI Business Customers  The Wall Street Journal IBM and Anthropic Partner to Advance Enterprise Software Development with Proven Security and Governance  IBM Newsroom IBM’s stock rises toward a record. Why its Anthropic deal symbolizes a new frontier in AI.  MarketWatch IBM …

Anthropic and IBM Partner in Bid for AI Business Customers  The Wall Street Journal IBM and Anthropic Partner to Advance Enterprise Software Development with Proven Security and Governance  IBM Newsroom IBM Set To Break Out On AI Partnership With Anthropic  Investor’s Business Daily Stock Movers: IBM, AMD, Trilogy  Bloomberg.com Wall Street holds near records before the bell Tuesday; IBM jumps on AI partnership with …