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IBM

StockWatch: IBM Stock Jumps on Earnings Beat!

David Kindley Jan 26, 2022 746 0

IBM managed to surpass earnings expectations as the stock jumped over 6% on the news. Net income in Q4 also jumped over 70% from a year earlier as the pandemic woes look firmly in the rearview mirror. Microsoft also had buoyant news…
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Stocks

StockWatch: Tesla Reports Record Revenues!

David Kindley Oct 21, 2021 288 0

Tesla has posted record revenue and profits in Q3 once again. The company reported $1.62bn in net income, the second time it has surpassed $1 billion. The improved gross margins of 30.5% on its automotive business drove the record…
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Stocks

StockWatch: IBM Jumps 4% on Revenue Growth

David Kindley Jul 20, 2021 434 0

IBM showed its strongest revenue growth in three years after reporting earnings that exceeded expectations. Revenue grew 3% year over year in the quarter, as the company caps off a quarter that saw meaningful impact from the coronavirus.…
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Stocks

StockWatch: IBM’s Chip Breakthrough

David Kindley May 7, 2021 507 0

IBM said it has made a significant breakthrough in its computer processors by creating a 2-nanometre chip. The test chip can reportedly improve performance by 45% and could quadruple phone battery life. So, will there now be a chip…
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Stocks

IBM Approaching Key Breakout Level

Orbex Mar 26, 2021 671 0

IBM Higher Pre-Market Shares in IBM are trading higher ahead of the market open today. The company’s stock price has enjoyed a solid recovery rally off the 2021 lows with price recovering from around the mid-117 level to highs around 133…
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Stocks

IBM Shares Plummet on Revenues Slide

Orbex Jan 22, 2021 681 0

66% Drop in Earnings Shares in IBM are trading heavily lower pre-market on Friday following a mixed set of Q4 earnings, released yesterday. While headline earnings were better than expected at $2.07 versus $1.81 forecast, EPS was still…
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Stocks

IBM Higher on Acquisition News

Orbex Jan 13, 2021 657 0

Shares in IBM are trading in the green ahead of the US open on Wednesday. The company’s stock price has been enjoying a firm rally over recent months, trading up from the mid 105 October lows to highs of above 130 as of last week. Though…
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Stocks

IBM Rallies 5.55% on Q2 Earnings Beat

Orbex Jul 21, 2020 346 0

IBM Higher Ahead of The Open Shares in electronics manufacturer IBM are trading 5.55% higher pre-market on Tuesday following the company’s Q2 earnings report, released last night. Expectations were geared rather low as a result of the…
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