International Business Machines Corporation (IBM) is down nearly 7% Thursday morning after the company’s third-quarter earnings result left much to be desired in the eyes of investors. Despite posting a net loss of $330 million, IBM’s adjusted earnings came in at $2.30 per share, well ahead of the $2.22 analysts were expecting. This time [...]
Shares of Accenture (ACN) are up just under 6% in the past week amidst hype for the company’s AI-powered performance in the fourth quarter. The business management consultant posted adjusted earnings per share of $2.79, which matched the analyst consensus. Revenue of $16.41 billion was a 2.6% improvement year over year and ahead of [...]
Goldman Sachs analyst James Schneider helped send shares of International Business Machines (IBM) higher Monday with a bullish outlook on the company for the road ahead. He set a price target at $200 and says it’s time to buy this stock, which currently sits at $173. Schneider is bullish on the IT services segment [...]
Accenture (ACN) delivered fiscal Q3 results Thursday morning right before the market opened, and despite a miss on the top and bottom lines, the company’s forecast for the road ahead was enough to send shares nearly 7% higher. Revenue for the third quarter was disappointing at just $16.47 billion, narrowly below the $16.53 billion [...]
One of the most legitimate concerns surrounding AI technology is now being addressed by a collaboration between IBM and Casper Labs. The technology giant and blockchain service provider are teaming up to bring AI and Web3 technologies together to mitigate IP and safety issues. As more and more businesses take existing LLM’s (large language [...]
