![](https://i0.wp.com/shacklemedia.com/wp-content/uploads/2023/01/ibm-posts-biggest-annual-sales-increase-in-more-than-a-decade-announces-layoffs.jpg?w=640&ssl=1)
International Business Machines Corp. increased revenue more than 6% in 2022, the biggest sales increase for Big Blue in more than a decade, but its stock fell in extended trading Wednesday.
Chief Executive Arvind Krishna said on IBM’s IBM earnings call that the company saw “revenue growth across segments and geographies,” and attributed that to the strength of the company’s hybrid cloud and artificial-intelligence strategy.
The…
Source: finance.yahoo.com
Related posts:
Wall Street Veteran El-Erian Says Fed Comments Roil Markets
Stocks Mixed, Dollar Slips Before Inflation Data: Markets Wrap
Here’s a list of favored dividend stocks with room to pay more for investors worried about 2022
3 REITs That Should Survive Dividend Cuts In A Bad Recession
Morgan Stanley’s Wilson Says Bear Market May End in Early 2023