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IBM beats fourth-quarter revenue estimates as AI clamor boosts software demand
Yahoo Finance· 2026-01-28 21:12
Jan 28 (Reuters) - IBM beat Wall Street estimates for fourth-quarter revenue and profit on Wednesday, as the rapid adoption of AI boosts demand for its software services, ranging from managing vast amounts of data to automating IT processes. Shares of the company rose nearly 9% in extended trading. Businesses have doubled down on upgrading their software suites to develop data-intensive artificial intelligence technology, helping sales for IT service and software providers such as IBM. Big Blue rep ...
Why is Palantir Stock Rising Today?
Schaeffers Investment Research· 2025-05-30 16:06
Group 1 - Palantir Technologies Inc (NASDAQ:PLTR) is experiencing significant stock performance, currently up 6.4% to $130.17, with a notable increase of 72% in 2025, testing its record high of $133.49 from May 14 [1][2] - The company is being engaged by President Donald Trump to organize personal data across various government agencies, which is expected to enhance its government contract portfolio [1] - Despite the stock's gains, analysts remain cautious, with 17 out of 20 brokerages maintaining "hold" or worse ratings, indicating a potential shift in sentiment could benefit the stock [2] Group 2 - The options market shows a high level of put exposure among short-term traders, with a Schaeffer's put/call open interest ratio (SOIR) of 9.99, ranking in the 85th percentile of its annual range [3] - Palantir's Schaeffer's Volatility Index (SVI) is at 55%, ranking in the 22nd percentile of its annual range, suggesting options are affordably priced [3] - The company has a Schaeffer's Volatility Scorecard (SVS) of 85 out of 100, indicating a history of exceeding option traders' volatility expectations over the past year [3]