IBM (IBM) Stock Shrugs Off Q3 Earnings As Margins Quietly Improve

IBM just reported Q3 2026 and the headline is simple. Revenue landed at US$17.1b and basic earnings per share came in at US$2.33, while operating pretax margin widened by 70 basis points. The twist is in the mood, not the math. After a 17.7% gain over the past three months, the stock barely moved today, up only 0.3%. That muted tick reflects investors catching their breath rather than reacting to fresh information, even as profit margins continue to quietly reshape the story. Like the steady...