The server maker, focused on new AI opportunities, forecast weaker-than-expected revenue growth for the coming year. It also ...
Learn how to tell if your business could be facing a cash crunch Nick Guy is a staff senior editor for Buy Side. He's been reviewing personal technology, accessories and myriad other products for more ...
In the three months ended June 30, IBM's revenue increased 2% year-over-year to $15.8 billion, driven by 7% growth in its software segment to $6.7 billion. Big Blue also said its earnings per share ...
(Reuters) -Telecommunications firm Lumen Technologies sharply raised its expectations for annual free cash flow on Tuesday as AI boom drives growth, helping its shares add another 66% in extended ...
Nov 5 (Reuters) - Fibre-optic cable provider Lumen Technologies (LUMN.N), opens new tab raised its annual free cash flow forecast on Tuesday thanks to AI deals with large cloud companies, even as ...
Oracle stock fell 6.5% as investors weighed its bold AI and cloud growth plans against near-term profit risks.
Verizon delivered strong Q2 results, beating earnings and revenue estimates, with robust free cash flow and a raised 2025 forecast. Despite slower net adds in Fiber Broadband, legislative tailwinds ...
Bombardier expects revenue of $8.4-8.6 billion in 2024 Supply chain improving but still some issues Aftermarket services division sees record revenues in Q4 Feb 8 (Reuters) - Canada's Bombardier (BBDb ...
The company is dealing with tighter margins in part due to building servers with expensive AI chips that have made the ...
After struggling for years, Lumen Technologies' stock skyrocketed in 2024. Here's our price prediction for the shares until ...
The company forecasts adjusted EPS of $11.12-$11.73 compared to prior guidance of $10.41-$11.12 and a consensus of $10.56 The company completed the sale of its 70% majority ownership interest in ...
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