IBM (NYSE:IBM) shares fell 5% in extended-hours trading after the tech giant reported first-quarter sales that missed expectations and confirmed its deal to acquire HashiCorp (NASDAQ:HCP).

“IBM has missed earnings 17% of the time overall and 29% of the time in Q1,” according to the report. Bernstein explained that the transactional parts “of IBM’s business (software licenses ...

International Business Machines (NYSE:IBM) is scheduled to report first-quarter results on Wednesday, April 24th, after market close. Analysts expect earnings per share of $1.59 on revenues of $14 ...

“We believe there will be added demand because a combined portfolio is more interesting,” IBM CEO Arvind Krishna said on an earnings call. IBM executives painted the planned $6.4 billion ...

The company's Q1 update "raises sufficient doubt" about Fluence's competitive position, the firm tells investors in a research note. Guggenheim also downgraded Fluence Energy to Sell from Buy with ...

Six months on, IBM's strategy has paid off for investors with the vendor logging better than expected results in its first two quarters following the divestment. The lion's share of sales in Q1 were ...

HashiCorp, held by 21 funds, is awaiting FTC approval for its merger with IBM, promising a potential 15% IRR if closed in Q1. Monitoring top arb hedge funds' positions is valuable, as they have ...