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IBM Shares Fall Despite Earnings Beat Amid Software Sales Concerns

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Source: Investor's Business Daily
IBM Shares Fall Despite Earnings Beat Amid Software Sales Concerns
Photo: Investor's Business Daily
TL;DR Summary

IBM's stock declined over 5% after reporting strong Q2 earnings that beat expectations, driven by an 8% revenue increase to $16.98 billion and a significant boost in AI-related business, despite a slight miss in software sales. The company raised its full-year free cash flow outlook and maintained a positive revenue growth forecast for 2025, with shares up 30% this year.

Topics:business#ai#business#earnings#ibm#software#stock
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  1. IBM Stock Slides Despite Strong Earnings. Analysts Are Watching This Segment.  Investor's Business Daily
  2. IBM shares drop despite earnings beat  CNBC
  3. Why is IBM’s stock down after an earnings beat? Here’s one quibble.  MarketWatch
  4. IBM's software sales disappoint, eclipsing AI mainframe revival  Reuters
  5. IBM Posts Lukewarm Software Results, Dimming Investor Enthusiasm  Bloomberg

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