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Home»Business»IBM stock jump, S & P 500 ginder lead, result, open source AI strategy
Business

IBM stock jump, S & P 500 ginder lead, result, open source AI strategy

By July 1, 2007Updated:February 13, 2025No Comments2 Mins Read
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IBM shares increased by 13 % to lead the S & P 500 acquisitions on Thursday, and the company has a rapid increase in business corresponding to artificial intelligence (AI). I posted it the next day.

IBM reported a 3.92 -dollar adjustment EPS prior to the visible Alpha Con Sensus of $ 3.79. The profit of $ 17.55 billion was higher than expected.

“IBM’s generated AI Book of Business is now more than $ 5 billion, and has increased by nearly $ 2 billion,” said IBM’s ARVIND KRISHNA.

IBM (IBM) The shares rising 13 %, leading the Gaines of S & P 500 on Thursday, and the company has a rapid increase in business corresponding to artificial intelligence (AI), so it was published on the day after the 4th quarter result was higher than the analyst estimation. I did.

The IBM reported a 3.92 adjusted profit (EPS) per share (EPS), exceeding $ 3.79 of the analysts voted by visible alpha. The profit of $ 17.55 billion was higher than expected.

“Our generated AI Book of Business is now more than $ 5 billion and has increased by about $ 2 billion over the quarter,” said IBM’s CEO Arvind Krishna.

According to the transfer of the revenue call provided by AlphaSense, Krishna added that IBM’s AI product “provides a consistent scalable AI foundation built based on open source technologies.”

Earlier this week, China’s Startup Deepseek released the AI ​​model at only a small part of the rival costs, such as Openai, an open source, and shaked the market.

IBM shares have increased by almost 40 % in the past year.

Update -Jean. 30, 2025: This article has been updated and contains fresh stock prices.

Read the original article of INVESTOPEDIA

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