IBM Corp

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer…

3 years ago

Oracle revenue falls short of expectations as cloud competition rises

Enterprise software firm Oracle Corp (ORCL.N) fell short of Wall Street expectations for first-quarter revenue on Monday, hurt by competition in the…

4 years ago

IBM quarterly revenue beats on cloud strength, shares rise

IBM (IBM.N) reported second-quarter revenue on Monday that beat analysts' estimates, as a recovery in client spending powered strong growth…

4 years ago

Wall Street ends sharply lower as Delta variant sparks new lockdown fears

A surge in Delta variant infections sparked a broad sell-off on Wall Street on Monday as investors feared renewed COVID-19…

4 years ago