IBM Banks On Artificial Intelligence

I'm publishing this series to discuss a topic that I follow closely - cloud stocks, trends, strategy, acquisitions, and more. Please subscribe to my Cloud Stock Analysis series and never miss an article. Earlier this week, IBM (Nasdaq: IBM) declared its third quarter results that exceeded earnings expectations despite missing revenue estimates. The stock fell nearly 5% post the result announcement in the after-hours session. Revenues for the third quarter fell 3.9% over the year to $18.03 billion, missing the Street's forecast of $18.23 billion for the quarter.