Thailand Moves to Regulate Gold Trading to Curb Baht Strength and Support Economic Growth 
Volkswagen CEO Oliver Blume Faces Crucial Year as Investors Demand Turnaround Results 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
Copper Prices Hit Record Highs as Metals Rally Gains Momentum on Geopolitical Tensions 
Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute 
Trump to Announce New Federal Reserve Chair Pick as Powell Replacement Looms 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
U.S. and El Salvador Sign Landmark Critical Minerals Agreement to Boost Investment and Trade 
UK Housing Market Gains Momentum in Early 2026 as Mortgage Rates Fall 
Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates 
CSPC Pharma and AstraZeneca Forge Multibillion-Dollar Partnership to Develop Long-Acting Peptide Drugs 
Gold Prices Hit Record High Above $5,500 as Iran Strike Fears Fuel Safe-Haven Demand 
Google Disrupts Major Residential Proxy Network IPIDEA 
NVIDIA, Microsoft, and Amazon Eye Massive OpenAI Investment Amid $100B Funding Push 
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
Tesla Q4 Earnings Beat Expectations as Company Accelerates Shift Toward AI and Robotics 
IBM technology company based in New York reported its quarterly revenue on Wednesday, Jan. 25. The company revealed it was able to top analyst’s estimates as its infrastructure and software units have shown higher-than-expected growth.
IBM’s senior vice president and chief financial officer, James Kavanaugh, said that "IBM's revenue growth and operating profit in 2022 demonstrate the strength and multiplier effect of our platform-centric approach to hybrid cloud and AI." Adding that their “client-focused portfolio and strong recurring revenue stream position IBM well for continued growth, solid cash generation and returning value to shareholders through dividends."
Moreover, in a press release, the company’s chairman and chief executive officer, Arvind Krishna, further stated, "Our solid fourth-quarter performance capped a year in which we grew revenue above our mid-single digit model.”
The CEO added, “Clients in all geographies increasingly embraced our hybrid cloud and AI solutions as technology remains a differentiating force in today's business environment."
While Krishna also said that they are now looking for full-year revenue growth this year, analysts reportedly expected IBM’s revenue to decline. Then again, the company may do well and crush expectations.
In any case, IBM may have reported growth in the company, but CNBC reported it is also planning to cut about 3,900 jobs. This is said to make the 1.5% of the company’s total workforce.
IBM’s software unit showed a three percent growth while its infrastructure segment generated $4.48 billion in earnings which indicates an almost two percent increase. However, IBM’s CFO said that it would be wise to expect it to be on the low end of its model for mid-single-digit profit growth.
Finally, with the figures and its latest achievements, things seem to be going smoothly for the company, but the layoffs were said to have been confirmed by CNBC. There are no other details regarding the layoffs at this time.
