On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 ...
Many mainframe exit projects are projected to fail, due to an overestimation of gen AI capabilities. But the financial services company used it as the missing piece of the migration puzzle. Deluxe may ...
AI infrastructure buying shift among customers impacted z17 performance in Q2, but the Big Iron remains a critical AI platform, IBM says. Revenue from IBM’s z mainframe portfolio sunk 42% in the ...
IBM IBM-0.49%decrease; down pointing triangle warned investors on Wednesday that its full-year revenue growth will be lower than it had previously forecast, one week after suffering its worst ...
IBM warned investors on Wednesday that its full-year revenue growth will be lower than it had previously forecast, one week after suffering its worst single-day stock loss in history when executives ...
A 7-step guide to jump-start your investing journey Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter ...
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A beginner-friendly guide to understanding banks, opening accounts, managing deposits, and keeping your money safe Adam Palasciano is a writer over three years of experience writing about personal ...