IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.

IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and offerings.

IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if you want upside with a smoother ride than an individual stock,

Arvind Krishna told financial analysts that IBM investments in AI and consulting will help drive the company’s business going forward.

IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my buy rating for IBM stock.

AI momentum, Red Hat acceleration and HashiCorp updates are among the most likely topics on IBM 4Q 2024 earnings report.

Once leaders learn how other companies are using AI to solve problems and seize opportunities, they will be better able to see its practical applications for their own.

IBM Corp. met analysts’ revenue estimates in the fourth quarter, but investors chose to focus on profit and a strong 2025 forecast, sending shares up nearly 9% in after-hours trading. Revenue rose 2% on a constant currency bases,

IBM Synthetic Data Sets are designed to help with training or fine-tuning AI models quickly on IBM Z and LinuxONE mainframes.

The tie-up seeks to bolster United Arab Emirates-based e&'s AI governance framework, promoting oversight and ethical standards across its AI ecosystem.

International Business Machines Corp. gained in early trading after projecting strong revenue growth in the new fiscal year and a jump in AI-related bookings. Most Read from BloombergManhattan’s Morni