AI Is the Big Issue Facing IBM, Jefferies' Thill Says
Brent Thill, Jefferies software and Internet research tech sector leader, reacts to IBM posting quarterly sales in its software unit that were in line with estimates, failing to shake investor concerns about AI disruption to its business.
He speaks on "Bloomberg The Close." (Source: Bloomberg)
IBM Beats Estimates on AI Growth
- IBM signals 5%+ 2026 revenue growth and about $1B higher free cash flow, while keeping guidance unchanged Seeking Alpha —
- IBM shares move lower as company beats but opts to maintain guidance CNBC —
- IBM slides as it reiterates full-year forecast despite strong Q1 results, ups dividend Seeking Alpha —
- IBM beats profit estimates on hybrid cloud growth The Globe and Mail —
- IBM Earnings Are on Deck. Wall Street Expects Revenue Growth. Barrons —