IBM Aktie News

Sometimes the Street focuses far too much on the trees and far too little on the forest. For example, in 2022, investors and analysts fixated on Netflix's (NASDAQ: NFLX ) membership loss.

IBM's AI development is primarily focused on the Software segment, but it has not significantly boosted revenue growth. The company has launched the watsonx AI platform for Enterprises, targeting consulting and software segments. IBM is shifting towards a software-focused strategy, with a focus on hybrid cloud solutions through the Red Hat OpenShift platform.

United States equities have calmed down since their rally in the first quarter of 2024. The S&P 500, Nasdaq, and Russell 2000 have all dipped slightly from their previous highpoints.

Evercore ISI analyst Amit Daryanani added IBM stock to his firm's “tactical outperform list.”

IBM stock gained Monday after analysts at Evercore ISI added the tech giant to their "tactical outperform" list.

Computing behemoth IBM IBM is slated to report its Q1 2024 results on April 24, reporting on a quarter that is likely to have seen the company post moderate growth as global IT spending picks up. We estimate that IBM's revenue will come in at about $17.3 billion for the quarter, roughly in line with the consensus estimates and about 3% ahead of last year.

TORONTO and GATINEAU, QC, April 11, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) today announced it is the Geography Winner of the 2024 IBM Partner Plus Award in the Digital Defense category for North America. The inaugural IBM Partner Plus Awards celebrate business partners in the IBM Ecosystem who advance businesses, reshape industries, and ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cohesity today announced a deepening of its cyber resilience collaboration with IBM. The enhanced relationship will accelerate the development of essential cyber resilience capabilities to address organizations' critical need for increased data security and resilience across hybrid cloud environments. With this announcement, Cohesity completes its Series F fin...