IBM (NYSE:IBM) was last seen down 9.9% at $254.13, eyeing its worst daily drop since October 2021, dragging the Dow Jones Industrial Average (DJI) in response. The tech firm is brushing off better-than-expected second-quarter earnings and revenue results, after the company missed software sales estimates. Three analysts lifted their price targets after the event, while BofA Global Research slashed its price target by $10 to $310. Today's bear gap has IBM dropping to its lowest levels since mid-May, moving s ...

核心观点 - 公司2025年第二季度业绩强劲 调整后盈利和收入均超预期[1] - 混合云和人工智能解决方案需求旺盛 推动软件和基础设施业务增长[2][4] - 全年收入预计至少增长5% 自由现金流目标135亿美元[12] 财务表现 - 季度总收入1698亿美元 同比增长5%（固定汇率）超预期1658亿美元[4] - GAAP净利润219亿美元（每股231美元） 同比从183亿美元提升[3] - 非GAAP每股盈利280美元 超预期16美分 同比从243美元增长[3] - 毛利率提升至588% 同比上升200个基点[5] 业务板块 软件 - 收入739亿美元（同比674亿美元） 混合云（Red Hat增长16%）和自动化（16%）为主要驱动力[6] - 部门利润23亿美元 利润率311%[6] 咨询 - 收入531亿美元（同比518亿美元） 超预期517亿美元[7] - 利润562亿美元 利润率提升至106%（同比89%）[7] 基础设施 - 收入414亿美元（同比364亿美元） z17项目受AI用例推动[8] - 利润965亿美元 利润率233%（同比179%）[8] 现金流与债务 - 季度自由现金流284亿美元 同比261亿美元增长[11] - 期末现金及等价物1194亿美元 长期债务5522亿美元[11] 行业动态 - 混合云和AI技术持续成为企业IT投资重点 公司产品组合覆盖自动化（watsonx）和量子计算等高增长领域[6][8] - 客户在宏观经济不确定性下优先保障核心科技支出 缩减非必要咨询项目[7]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

智通财经7月24日电，"绩劣股"集体重挫，意法半导体大跌近18%，奇波雷墨西哥烧烤、陶氏化学跌超 12%，IBM跌超10%。 ...

美股市场表现 - 美股三大指数开盘涨跌不一 道指跌0.69% 纳指涨0.38% 标普500指数涨0.19% [1] 特斯拉股价变动 - 特斯拉股价跌超7% 因马斯克称公司接下来可能面临几个艰难的季度 [1] IBM业绩影响 - IBM股价跌超9% 因第二季软件营收低于预期 [1]

International Business Machines (NYSE: IBM) beat all Q2 2025 expectations in regard to profit, reporting $17 billion in revenue, a number far exceeding Wall Street’s forecast of $16.6 billion.The numbers marked an 8% year-over-year increase, with adjusted earnings per share coming in at $2.80 versus the projected $2.65.Despite the success, however, the IBM stock took a nosedive on Thursday, July 24, dropping 6.02% with a pre-market price of $265.02. IBM stock price. Source: GoogleWhy is IBM stock down?IBM’s ...

盘前市场动向 1. 7月24日(周四)美股盘前，美股三大股指期货涨跌不一。截至发稿，道指期货跌0.38%，标普500指数期货涨0.13%，纳指期货 涨0.33%。 | = US 30 | 44,839.80 | 44,928.80 | 44,809.80 | -170.50 | -0.38% | | --- | --- | --- | --- | --- | --- | | = US 500 | 6,367.50 | 6,371.00 | 6,357.80 | +8.50 | +0.13% | | 트 US Tech 100 | 23,239.60 | 23,272.10 | 23,198.30 | +77.20 | +0.33% | 2. 截至发稿，德国DAX指数涨0.57%，英国富时100指数涨0.97%，法国CAC40指数涨0.00%，欧洲斯托克50指数涨0.42%。 | 德国DAX30 | 24,355.89 | 24,514.20 | 24,322.53 | +138.79 | +0.57% | | --- | --- | --- | --- | --- | --- | | 英国富时100 | 9, ...

Uttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also focuses on other areas such as MedTech, Defense Tech, and Renewable Energy. In addition, Uttam also authors The Pragmatic Optimist Newsletter along with his wife, Amrita Roy, who is also an author on the newsletter as well as on this platform. ...

① 【三大期指齐涨】截至发稿，道指期货涨0.50%、标普500指数期货涨0.39%、纳指期货涨0.20%。 ② 【特朗普松绑AI监管，芯片股普涨】芯片股普涨。据新华社报道，美国白宫23日发布一份AI行动计 划，列出特朗普政府未来将采取的数十项联邦政策行动。一些媒体分析认为，此举意味着特朗普政府撤 销拜登政府时期的多项政策，并放宽对AI发展的监管措施。截至发稿，博通上涨2.6%，英伟达上涨 1.5%，AMD上涨1.29%。 ③ 【Q2营收同比下降12%，特斯拉跌超6%】当地时间7月23日，特斯拉Q2财报显示，特斯拉营收225亿 美元，同比下降12%，每股收益为0.40美元，同比下降23%，双双不及预期。特斯拉表示，营收和盈利 能力的下降，主要是由于销量下降和碳积分收入的减少。马斯克警告称，随着美国电动汽车税收抵免等 激励措施的取消，特斯拉未来几个季度都很艰难。截至发稿，特斯拉下跌6.56%。 ④ 【美国总统将20年来首次造访美联储】根据白宫最新发布的总统每日公开行程，美国总统特朗普将 于当地时间周四16点亲自造访美联储，此行正值外界对美联储大楼翻新工程的批评声浪日益高涨之际。 这也是二十年来美国总统首次正式造访 ...

公司业绩 - IBM美股盘前下跌5 1% [1] - 公司第二季度软件销售额未达预期 [1]