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IBM Q1 revenue and profit both exceeded expectations, but software growth disappointed; stock plunged after hours | Earnings Report Insights

IBM Q1 revenue and profit both exceeded expectations, but software growth disappointed; stock plunged after hours | Earnings Report Insights

``` IBM released a first-quarter financial report with both revenue and profits exceeding Wall Street expectations, with AI demand continuing to support its business. However, the growth rate of the company’s core growth engine—the software business—failed to surpass analysts’ expectations, and the consulting business was virtually stagnant at
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The three major A-share indices fluctuated downward, computing hardware was active, Zhongji Xuchuang's market value surpassed one trillion yuan, the Hang Seng Tech Index fell over 2%, and since its listing, Zhipu has soared 800%.

The three major A-share indices fluctuated downward, computing hardware was active, Zhongji Xuchuang's market value surpassed one trillion yuan, the Hang Seng Tech Index fell over 2%, and since its listing, Zhipu has soared 800%.

``` On April 23, A-shares fluctuated and rose in the morning session. After all three major indexes opened higher, they collectively turned lower. Optical module stocks surged and then fell back, with leading stock Zhongji Xuchuang's market value surpassing 1 trillion yuan. AI computing power and computing power leasing