IBM - Breakthrough in Quantum Computing Leads to Bright Prospects!
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Business Driver: International Business Machines (IBM) has positioned itself strongly in key areas such as software applications, cloud computing, and generative AI, and now aims to make strides in the future market of quantum computing. Recently, IBM surprised with a better-than-expected Q3 result. The company reported an adjusted EPS of $2.65, surpassing consensus expectations of $2.45. Additionally, revenue rose by 9.11% to $16.33 billion, exceeding analyst estimates of $16.09 billion. Following this, IBM also provided an optimistic outlook...
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