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0.000653594771241816 -0.000735294117647087 -0.00277777777777781 -0.00233660130718955 0.00136192810457521 -0.00449346405228756 -0.00449346405228756 -0.00351307189542489
Stock impact report

IBM to Report Earnings - Here's What the Charts Say Now [TheStreet.com]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: TheStreet.com
International Business Machines(IBMGet ReportIt’s an interesting situation with IBM. It’s expected that cloud demand is climbing significantly in the new coronavirus-impacted world. That’s fueled an exponential increase in remote work and video conferencing, as well as driven up social media use, video streaming andcloud computing needsThat last part is a big one for IBM as it continues to look for growth from the cloud. However, it hasn’t seen the same impact that others have in the space, mainly Amazon.comAMZNMSFTSo the question becomes: Can increased cloud usage fuel IBM stock higher or will it have a muted impact that pushes shares lower?When it comes to the charts, we are in the reaction business, not the prediction business. I don’t know how the stock will react to its quarterly numbers and ensuing conference call but I do know that we can map out key levels ahead of time.Amazon and Microsoft are holdings in Jim Cramer'sAction PLUS member club. Want to be alerted before Jim Cra Show less Read more
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