NYSE - Nasdaq Real Time Price USD

International Business Machines Corporation (IBM)

168.90

-15.20

(-8.26%)

As of 2:06 PM EDT. Market Open.

IBM stock plunges amid narrow Q1 revenue miss, HashiCorp talks

IBM (IBM) shares are falling in Thursday's pre-market trading session, marking their worst single-day decline since 2021. This plunge comes in the wake of the company's first-quarter results, which fell short of revenue estimates. Morning Brief anchors Seana Smith and Brad Smith discuss the report, shedding light on IBM's potential acquisition of cloud service provider HashiCorp (HCP). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 4 hours ago

IBM
-8.26%
HCP
IBM Strikes $6.4 Billion Deal For HashiCorp, But 'Slower Start' To Year Dings Stock

IBM stock slipped after the computing giant reported first quarter earnings ahead of expectations, with sales slightly below.

Investor's Business Daily 47 minutes ago

IBM
-8.26%
HCP
IBM Drops Most Since 2021 on Lackluster Results Despite Deal

(Bloomberg) -- International Business Machines Corp. dropped the most intraday in three years after weak consulting unit sales disappointed investors and overshadowed the company’s acquisition of software firm HashiCorp Inc.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s A

Bloomberg 1 hour ago

IBM
-8.26%
HCP
Top Midday Stories: Shares of Meta, IBM, Caterpillar, Comcast and Southwest Down Big Post-Earnings; AstraZeneca Shares See Post-Earnings Bump

Top Midday Stories: Shares of Meta, IBM, Caterpillar, Comcast and Southwest Down Big Post-Earnings; AstraZeneca Shares See Post-Earnings Bump

PREMIUM
MT Newswires 1 hour ago

AZN

CMCSA

IBM
-8.26%
These Stocks Are Moving the Most Today

Meta Platforms tumbles after a disappointing outlook, IBM slumps after revenue misses analysts’ estimates, and Bristol Myers cuts its full-year profit forecast. Microsoft and Alphabet fall ahead of their earnings reports after the close of trading Thursday.

Barrons.com 1 hour ago

IBM
-8.26%
META
These Stocks Are Moving the Most Today: Meta, IBM, Bristol Myers, Southwest, Caterpillar, Textron, Hertz, Microsoft, Alphabet, and More

Meta Platforms tumbles after a disappointing outlook, IBM slumps after revenue misses analysts’ estimates, and Bristol Myers cuts its full-year profit forecast. Microsoft and Alphabet fall ahead of their earnings reports after the close of trading Thursday.

Barrons.com 1 hour ago

F

IBM
-8.26%
META
US STOCKS-Wall St loses over 1% amid fading rate-cut hopes

U.S. stocks slumped on Thursday as most megacaps fell after Meta Platforms' quarterly results, while sentiment was shaken amid signs of persistent inflation that dampened hopes of the Federal Reserve easing monetary policy anytime soon. Meanwhile, U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Fed would not cut interest rates before September.

Reuters 2 hours ago

COMP

^GSPC

^DJI
Update: Wedbush Raises Price Target on International Business Machines to $160 From $140, Keeps Neutral Rating

Update: Wedbush Raises Price Target on International Business Machines to $160 From $140, Keeps Neutral Rating

PREMIUM
MT Newswires 2 hours ago

IBM
-8.26%
ETFs in Focus Post IBM's Q1 Revenue Miss, HashiCorp Deal

International Business Machines (IBM) beat estimates for earnings but missed the same for revenues. Shares are declining following earnings announcement.. Also, IBM agreed to buy HashiCorp (HCP) for $35 per share in cash.

Zacks 3 hours ago

IBM
-8.26%
^DJI

HCP
What’s Pressuring the Dow

The Dow Jones Industrial Average was selling off sharply shortly after the open on Thursday. International Business Machines and Caterpillar led the losses. The Dow was down 663 points on Thursday, or 1.7%.

Barrons.com 3 hours ago

^DJI

IBM
-8.26%
Amazon, Meta, IBM, Super Micro, and Other Tech Stocks in Focus Today

Disappointing corporate earnings—most notably the reaction to Meta Platforms ’ results—and weaker-than-expected U.S. economic growth data, are putting the sector under pressure early Thursday. The Facebook and Instagram parent’s June-quarter guidance missed expectations and the company unveiled plans to ramp up artificial intelligence spending, which seems to be spooking investors.

Barrons.com 4 hours ago

IBM
-8.26%
META

SMCI
US STOCKS-Wall St drops as Meta Platforms, economic data weigh

U.S. stocks were sharply lower on Thursday, dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of the Federal Reserve cutting interest rates anytime soon. Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue. Other growth stocks also came under pressure, with Alphabet , Amazon.com and Microsoft down between 4.3% and 4.5%.

Reuters 4 hours ago

COMP

^GSPC

^DJI
Stocks to Watch Thursday: Meta, American Airlines, Microsoft, IBM

**Meta Platforms (META)**: The Facebook parent reported record first-quarter revenue but spooked investors with forecasts of rising costs. Its shares tumbled. **IBM (IBM)** and **HashiCorp (HCP)**: IBM's quarterly revenue missed expectations amid a slowdown in its consulting business.

The Wall Street Journal 4 hours ago

META

IBM
-8.26%
AAL
US STOCKS-Wall St set to open lower as Meta Platforms, economic data weigh

U.S. stocks were poised to open sharply lower on Thursday, dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of the Federal Reserve cutting interest rates anytime soon. Meta plunged 16% in premarket trading after the Facebook-parent forecast higher expenses and lighter-than-expected revenue.

Reuters 5 hours ago

^TNX

^GSPC

IBM
-8.26%
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.

Investor's Business Daily 5 hours ago

META

^DJI

^GSPC
IBM Transforms the Storage Ownership Experience with IBM Storage Assurance

IBM (NYSE: IBM) today announced new storage capabilities that give clients choice and control in the data center to maximize performance. A new IT life cycle management option called IBM Storage Assurance provides access to IBM FlashSystem hardware and software innovations to help protect clients' investments from day one. IBM Storage Assurance supports the new IBM FlashSystem 5300 also announced today, as well as the FlashSystem 7300 and FlashSystem 9500.

PR Newswire 6 hours ago

IBM
-8.26%
IBM to buy HashiCorp in $6.4bn deal to expand cloud software offerings

The deal demonstrates IBM’s increased focus on software as its consulting business has been hit by decreasing enterprise spending.

Verdict 6 hours ago

IBM
-8.26%
HCP
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.

Reuters 6 hours ago

IBM
-8.26%
Q1 2024 International Business Machines Corp Earnings Call

Q1 2024 International Business Machines Corp Earnings Call

Thomson Reuters StreetEvents 6 hours ago

IBM
-8.26%
ARVIND.BO

HCP
US STOCKS-Futures falter as Meta Platforms weighs on megacaps

U.S. stock index futures slipped on Thursday as shares of most megacap growth stocks took a beating after dour quarterly results from Meta Platforms, ahead of more economic data in the week that could influence the Federal Reserve's monetary policy. Meta plunged 14.1% in premarket trading after the Facebook-parent forecast higher expenses and lighter-than-expected revenue.

Reuters 6 hours ago

META

^GSPC

IBM
-8.26%

Performance Overview

Return	IBM	S&P 500
YTD	+4.21%	+5.86%
1-Year	+40.94%	+22.05%
3-Year	+42.93%	+20.79%

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International Business Machines Corporation (IBM)

IBM stock plunges amid narrow Q1 revenue miss, HashiCorp talks

IBM Strikes $6.4 Billion Deal For HashiCorp, But 'Slower Start' To Year Dings Stock

IBM Drops Most Since 2021 on Lackluster Results Despite Deal

Top Midday Stories: Shares of Meta, IBM, Caterpillar, Comcast and Southwest Down Big Post-Earnings; AstraZeneca Shares See Post-Earnings Bump

These Stocks Are Moving the Most Today

These Stocks Are Moving the Most Today: Meta, IBM, Bristol Myers, Southwest, Caterpillar, Textron, Hertz, Microsoft, Alphabet, and More

US STOCKS-Wall St loses over 1% amid fading rate-cut hopes

Update: Wedbush Raises Price Target on International Business Machines to $160 From $140, Keeps Neutral Rating

ETFs in Focus Post IBM's Q1 Revenue Miss, HashiCorp Deal

What’s Pressuring the Dow

Amazon, Meta, IBM, Super Micro, and Other Tech Stocks in Focus Today

US STOCKS-Wall St drops as Meta Platforms, economic data weigh

Stocks to Watch Thursday: Meta, American Airlines, Microsoft, IBM

US STOCKS-Wall St set to open lower as Meta Platforms, economic data weigh

Dow Jones Futures Fall As Meta Dives, Chipotle Eyes Buy Point; Key Economic Data Due

IBM Transforms the Storage Ownership Experience with IBM Storage Assurance

IBM to buy HashiCorp in $6.4bn deal to expand cloud software offerings

IBM falls as enterprise-spending constraints choke consulting demand

Q1 2024 International Business Machines Corp Earnings Call

US STOCKS-Futures falter as Meta Platforms weighs on megacaps

Performance Overview