IBM's Moment Of Truth As Earnings Expected To Impress With Strong AI Influence, Analyst Says
by Yahoo Finance
Yahoo Finance— International Business Machines Corp (NYSE:IBM), will be reporting its first-quarter earnings on Wednesday. Wall Street expects $1.59 in EPS and $14.6 billion in revenues as the company reports after market hours. IBM stock is up over 45% in the past year, and has risen 11.75% YTD. IBM stock is being propelled by its rapid product deployment, focused attention on AI, and robust cash flows. As investors prepare for IBM’s upcoming earnings report, insights from BofA Securities shed light on the...
VG247—I talked to Nvidia’s AI NPC: it’s impressive, uncanny, an ethical nightmare, and inevitably here to stay. Usually, when you go to see one of the big hardware powerhouses, the presentations are primarily focused around… well, you know - hardware. That’s been shifting over the years, however, as specialized software becomes an increasingly vital part of the computer hardware battleground.Nvidia has led much of this charge. When you buy an RTX-series GPU, you’re not just buying it for the raw rasterization power - that is to say, how many pixels and frames it can push with the maximum visual bells and...
MediaNama—Earnings Call: Here’s everything Google said about AI in its earnings call for the first quarter of the 2024 financial year. Google 2024 first quarter earnings call webcast revealed an 80% decrease in machine costs associated with SGE responses since the introduction of AI Search Labs
MediaNama—It will take a multi-year investment cycle before Meta’s AI offerings become profitable: Insights from Meta’s Earnings Call. Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.