IBM’s Q3 revenue rose 5% to $17.1 billion, and the company raised its full-year cash flow guidance.
2 hours ago
IBM’s third quarter of fiscal 2026 generated $17.1 billion in revenue, up around 5% year-over-year, with adjusted earnings per share (EPS) of $2.95—both metrics surpassed analyst forecasts. The company raised its full-year software revenue growth guidance to roughly 7-8%, and increased its full-year free cash flow growth target to over $10 billion. Software and mainframe deals that were delayed earlier as clients redirected spending to data center infrastructure have now started to be signed, alleviating market worries that IBM’s growth would be hit by AI. IBM’s cumulative free cash flow for the first nine months of the fiscal year reached $8 billion, a record high for the period, leading the company to revise up its full-year software growth and free cash flow outlook. However, IBM’s stock has not been boosted by the better-than-expected earnings; it dropped 4.95% in after-hours trading, currently trading at $239.02.
Three whale addresses recently withdrew more than 24,400 ETH, valued at approximately $60.68 million.
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Analysis: BTC has amassed 921,000 coins near the $83,000 mark, as the tug-of-war between bulls and bears approaches a critical juncture.
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Anthropic’s first Claude API update in three years removes three commonly used parameters, which may trigger errors in legacy code after upgrade.
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Whales accumulate 24,454 $ETH ($60.68M) from exchanges, stake and lend positions
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Gemini co-founder: Zcash is "the encrypted Bitcoin", ZEC has the potential to surge to $5,000.
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WordPress responds to critical PHP vulnerability, advises website operators to update and upgrade immediately.
11 minutes ago
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