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International Business Machines Corporation (IBM)
After hours:
| Previous close | 184.10 |
| Open | 168.20 |
| Bid | 167.57 x 900 |
| Ask | 169.10 x 900 |
| Day's range | 165.67 - 172.00 |
| 52-week range | 120.55 - 199.18 |
| Volume | |
| Avg. volume | 4,507,690 |
| Market cap | 154.847B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 20.70 |
| EPS (TTM) | 8.16 |
| Earnings date | 24 Jul 2024 - 25 Jul 2024 |
| Forward dividend & yield | 6.64 (3.61%) |
| Ex-dividend date | 08 Feb 2024 |
| 1y target est | 175.85 |
- Yahoo Finance Video
IBM stock plunges amid narrow Q1 revenue miss, HashiCorp talks
IBM (IBM) shares are falling in Thursday's pre-market trading session, marking their worst single-day decline since 2021. This plunge comes in the wake of the company's first-quarter results, which fell short of revenue estimates. Morning Brief anchors Seana Smith and Brad Smith discuss the report, shedding light on IBM's potential acquisition of cloud service provider HashiCorp (HCP). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Yahoo FinanceBiden has a favorite stop when he hits the road: Chipmaking plants
Visiting chipmakers has become one of President Biden's most common reasons for getting on the road. He will do so again Thursday as he travels to Syracuse to award Micron $6 billion in federal money.
- Reuters
US STOCKS-Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms. Data on Thursday showed that the U.S. economy grew at its slowest pace in nearly two years in the first quarter while inflation accelerated, dampening hopes that the Federal Reserve would begin cutting interest rates this year.
