IBM reports Q3 revenue up 1% YoY to $14.97B, vs. $15.07B est., and says bookings for AI consulting and software have exceeded $3B, up more than $1B QoQ (Jordan Novet/CNBC)

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Jordan Novet / CNBC:
IBM reports Q3 revenue up 1% YoY to $14.97B, vs. $15.07B est., and says bookings for AI consulting and software have exceeded $3B, up more than $1B QoQ  —  IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and services provider fell short of Wall Street's revenue expectations for the third quarter.

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