International Business Machines Corporation (IBM)
After hours:
| Previous close | 182.19 |
| Open | 183.17 |
| Bid | 183.53 x 1200 |
| Ask | 184.12 x 900 |
| Day's range | 181.40 - 184.28 |
| 52-week range | 120.55 - 199.18 |
| Volume | |
| Avg. volume | 4,862,882 |
| Market cap | 168.773B |
| Beta (5Y monthly) | 0.71 |
| PE ratio (TTM) | 22.62 |
| EPS (TTM) | 8.14 |
| Earnings date | 24 Apr 2024 |
| Forward dividend & yield | 6.64 (3.64%) |
| Ex-dividend date | 08 Feb 2024 |
| 1y target est | 188.24 |
- Yahoo Finance Video
IBM earnings top estimates, acquiring HashiCorp for $6.4B
IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was about in line with expectations of $14.25 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Meta, IBM, AT&T, Boeing, Ford report earnings: What to Watch
Multiple earnings are to be released on Wednesday including: Meta (META), IBM (IBM) , ServiceNow (NOW), AT&T (T) , Boeing (BA), Chipotle (CMG), Ford (F), Hilton (HLT), and Hasbro (HAS) Economic data in the form of durable foods for March will be released on Wednesday. Current estimates are around 2.6% for March, double the number from February. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
BloombergIBM Nears Deal for HashiCorp at About $35 a Share
(Bloomberg) -- International Business Machines Corp. said it has agreed to buy HashiCorp Inc. in a transaction valuing the software company at $6.4 billion on an enterprise basis.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapTesla Soars as Musk’s Cheaper EVs Calm
