Watson unit revenue surpasses Street expectations, but cloud sales do not as revenue declines for second consecutive quarter
International Business Machines Corp.’s stock rallied in the extended session Tuesday after the tech giant’s earnings and outlook topped Wall Street views.
IBM IBM, +5.90% shares surged 6.4% after hours, following a 1.1% decline to close the regular session at $122.51. In comparison, the Dow Jones Industrial DJIA, -1.22% finished the day down 1.2%, the S&P 500 index SPX, -1.42% declined 1.4% and the tech-heavy Nasdaq Composite Index COMP, -1.91% fell 1.9%....MORE
