A month has gone by since the last earnings report for IBM (IBM) . Shares have added about 1.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is IBM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. IBM’s Q3 Earnings Beat, Revenues Miss Despite Solid DemandIBM repo ...

Kyndryl Holdings Inc. KD is boosting investor confidence with the announcement of its first-ever share repurchase program, worth $300 million.The International Business Machines Corp IBM spin-off is using the buyback to return capital to shareholders, signaling its belief in sustainable growth despite a competitive market.Share Repurchase Reflects Management's ConfidenceThe new repurchase program comes as Kyndryl sees significant progress in both its financials and operational transformation. CEO Martin Sch ...

MELVILLE, N.Y., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a premier provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, for IBM Power systems including IBMi and AIX, today announced that its subsidiary, CloudFirst Europe, has entered into a strategic partnership with Brightsolid, a premier data center provider based in Scotland and part of the DC Thomson group. This collab ...

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What makes IBM a hidden AI leader? See how this tech giant is shaping the business-class AI market.You might not think of IBM (IBM -0.92%) as an artificial intelligence (AI) expert. The tech veteran is famous for its early PC computers, business-critical mainframes, and unmatched portfolio of consulting services. But IBM is never the first name that springs to mind in the AI conversation.That perception should change very soon. The company has been a quiet AI leader for decades already, betting a large chun ...

IBM and UFC to develop UFC Insights Engine built with IBM watsonx to offer enhanced fight analysis across viewing platformsARMONK, N.Y. and LAS VEGAS, Nov. 14, 2024 /PRNewswire/ -- IBM (NYSE: IBM) and UFC®️, the world's premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), today announced an innovative new partnership that will combine the power of IBM's AI and data platform, watsonx, with the vast global reach of UFC's content platforms to enhance the viewing experience for mi ...

Qiskit, the world's most performant quantum software, can extend length and complexity of certain circuits to 5,000 two-qubit operations with accurate results on IBM quantum computersRIKEN and Cleveland Clinic explore new, scientifically valuable problems by combining quantum and classical resources with Qiskit; Rensselaer Polytechnic Institute takes steps towards quantum-centric supercomputingQiskit services from IBM, Algorithmiq, Qedma, QunaSys, Q-CTRL, and Multiverse Computing to expand performance while ...

AWS is negotiating a potential $475 million AI cloud deal with IBM.IBM already uses AWS services for AI, including training models on EC2 servers with Nvidia chips.Amazon said its AI business is growing at "triple digit percentages" annually. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you'r ...

Business leaders see the benefits of investing in IT for sustainability, with 88% planning to increase investments in IT for sustainability over the next 12 months90% of executives surveyed believe AI will positively influence sustainability goals — yet more than half of organizations aren't leveraging AI for sustainabilitySignificant perception gap between top execs and their staff on sustainability expectationsARMONK, N.Y., Nov. 12, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today released its first-ever State ...

Effective Data Management Strategy and Aggressive Investment Approach Found as Biggest DifferentiatorsNEW YORK, Nov. 8, 2024 /PRNewswire/ -- IBM (NYSE: IBM) released a new report called AI in Action that highlights artificial intelligence strategies of businesses considered "AI Leaders." The report is based on a survey, conducted on behalf of IBM by Harris Poll, of 2,000 companies across the U.S., U.K., India, Japan and Germany.According to the findings, of the 2,000 businesses surveyed, 15% reported being ...