IBM reported better-than-expected third-quarter results with adjusted earnings of $2.95 per share and revenue of $17.10 billion, both surpassing analyst estimates. The company’s revenue grew 5% year-over-year, driven by strong software and infrastructure sales, though its gross margin was slightly below expectations. IBM raised its full-year free cash flow forecast by more than $1 billion, signaling confidence in continued growth. The company also announced the acquisition of HRL Laboratories, expanding its research capabilities.
IBM's third-quarter earnings beat expectations with $2.95 per share and $17.10 billion in revenue. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 22, 2026 02:51 WIB: 122 of 150 priced US tech stocks rose today. Notable movers include Credo Technology Group Holding Ltd at USD 182.02 with a 6.13% increase and Fastly Inc at USD 23.33 with a 5.71% rise.
ChowChow Cloud International Holdings Limited announced that its previously planned private placement of 862,069 shares at $0.58 each, totaling $500,000, has not closed because the investor has not paid the full amount. The company has informed the i...
StorageVault Canada Inc. announced a 9.0% increase in year-to-date revenue and an 8.7% rise in net operating income (NOI) for Q3 2026, with adjusted funds from operations (AFFO) up 7.8%. Despite a challenging economic environment, strong customer dem...
Axe Compute Inc. announced that its Compensation Committee approved stock option grants totaling 100,000 shares to three newly hired non-executive employees as inducements for joining the company. The options were granted on October 15, 2026, with an...
Brown & Brown, Inc. announced a 9% increase in its quarterly cash dividend to $0.18 per share, payable on November 11, 2026, to shareholders of record as of November 4, 2026. This marks the company's 33rd consecutive year of dividend increases, refle...
National Healthcare Properties (NHP) announced that Lindsay Gordon, its Executive Vice President and Head of Senior Housing, has been elected to the executive board of the American Senior Housing Association (ASHA). ASHA is a leading national organiz...
