IBM’s critical software category performed well thanks to Red Hat’s gains, but consulting and infrastructure segments pulled down overall results.
Related Posts
Meta’s Reality Labs posts $5 billion loss in fourth quarter
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.
Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says
The new director of the FHFA said he has no intention of shrinking the limit on loans bought and guaranteed by Fannie Mae and Freddie […]
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.