Markets

Warren Buffett’s Berkshire Hathaway dumps its entire IBM stake

Berkshire Hathaway has liquidated its entire stake in IBM, Warren Buffett said Friday. IBM sank about 1% on the news. Follow IBM’s stock price in real-time here. Warren Buffett’s Berkshire Hathaway has sold its entire stake in IBM, the billionaire investor said Friday in an interview with CNBC. “I think […]
Warren Buffett’s Berkshire Hathaway dumps its entire IBM stake
Markets

IBM slides despite reporting its first profit growth in almost 6 years

Shares of IBM fell in pre-market trading despite an earnings beat. IBM reported fourth-quarter earnings after Thursday’s closing bell that beat analysts’ expectations. The company reported growing its revenues from the year before for the first time in 23 quarters. View IBM’s stock price here. Shares of IBM slid in […]
IBM slides despite reporting its first profit growth in almost 6 years
Markets

IBM is teaming up on blockchain with the world’s largest shipping company

Shares of IBM gained about 1% Tuesday morning after the computer and software giant announced a blockchain partnership with Denmark’s Maersk, the world’s largest shipping company. The two companies will create an industry-wide trading platform that could speed up the movement of goods while saving billions of dollars by eliminating […]
IBM is teaming up on blockchain with the world’s largest shipping company