IBM Aktie News

At a quick glance the IBM-HashiCorp deal seems like a good one for both sides, but upon closer inspection, perhaps not.

5 Seeking Alpha analysts discuss current market trends and give some portfolio advice. Highlighting the versatility of single country ETFs and playing defense within the tech sector.

Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada's Bromont plant BROMONT, QC , April 26, 2024 /PRNewswire/ -- IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada's semiconductor industry, and further develop the assembly, testing and pack...

The market for artificial intelligence is undergoing a profound transformation, reshaping industries and investment strategies alike. Rapid advancements and integration across sectors and understanding the shifting landscape becomes imperative for investors seeking opportunities in AI.

Quantum computing is poised to revolutionize various industries and greatly impact society due to its immense computational power. Unlike classical computers, quantum computers can perform complex calculations in minutes, which would take traditional supercomputers days or even years to accomplish.

We had previously highlighted the $190-200 area as the best sell zone for IBM. Revenues for IBM were soft in Q1-2024, with consulting growing at sub-inflation rates and clients pulling back. The Company's gross profit margin remains high, but it may not be sustainable in the face of increasing competition and a potential downturn.

IBM's stock fell 9.6% despite the company reporting solid first-quarter earnings and a $6.4 billion cloud computing buyout. Management reaffirmed its full-year financial targets, expecting single-digit revenue growth and $12 billion in free cash flow -- but some investors were hoping for something more.

IBM Corp (NYSE:IBM) is at the bottom of the Dow today, last seen down 8.7% to trade at $167.95.