IBM beats profit estimates as AI shift boosts software performance, shares surge

vm_adminJanuary 29, 2025

By Arsheeya Bajwa

(Reuters) -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.

The…

Article Source
https://ca.finance.yahoo.com/news/ibm-beats-profit-estimates-software-211226471.html

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