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IBM Completes Acquisition of StreamSets and webMethods, Bolstering its Automation, Data and AI Portfolios
Prnewswire· 2024-07-02 02:30
ARMONK, N.Y., July 1, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has completed its acquisition of StreamSets and webMethods from Software AG after receiving all required regulatory approvals. The acquisition brings together leading capabilities in integration, API management and data ingestion. The acquisition builds on IBM's extensive software portfolio, with StreamSets adding new data ingestion capabilities to IBM's AI and data platform, and webMethods bringing Integration Platform as a Servi ...
3 Dividend Stocks Yielding Over 3% With Multi-Decade Payout Growth Streaks
Investor Place· 2024-07-02 00:19
High-yield dividend stocks have consistently attracted the attention of Wall Street investors. These stocks not only provide a steady income stream but also offer the potential for capital appreciation. By reinvesting dividends, investors can benefit from compounding returns, which can significantly enhance portfolio value over time. Among the myriad of dividend shares available, a select few stand out due to their impressive track records of dividend growth spanning multiple decades. Three such high-yield ...
Avatier Delivers Workforce-Driven Identity Management for IBM Z
GlobeNewswire News Room· 2024-07-01 20:00
PLEASANTON, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Avatier, a leading provider of identity management solutions, proudly announces its integration of the IBM z/OS Security Server (Resource Access Control Facility) (RACF) with the Avatier Identity Management platform. This integration marks a significant advancement in enterprise security and user management, offering a suite of benefits designed to streamline operations and enhance security protocols. Cutting-Edge Security & Management Innovations Tailor ...
IBM: 5 Reasons To Stay Bullish Into The Second Half Of 2024
Seeking Alpha· 2024-06-30 17:09
Sundry Photography Shares of International Business Machines (NYSE:IBM) have likely frustrated investors in 2024, underperforming the broader market and down about 13% from its 52- week high. On the other hand, this recent round of volatility hasn't diminished the big picture, which is the company's secular turnaround and return to growth, with the stock still up more than 35% over the past year. We view this recent weakness as a buy-the-dip opportunity. Here are five reasons to stay bullish on IBM. Data by ...
Crédit Mutuel Alliance Fédérale accelerates deployment of generative AI in collaboration with IBM
Prnewswire· 2024-06-27 15:00
STRASBOURG, France and ARMONK, N.Y., June 27, 2024 /PRNewswire/ -- Crédit Mutuel Alliance Fédérale, a pioneer in the adoption of Artificial Intelligence (AI) since 2016, invests in cutting-edge technologies. Used every day by its 25,000 advisors, AI freed up nearly 1 million hours of administrative work in 2023 to enable them to continue to best serve their members and clients. Operating as a sovereign technology bank, Crédit Mutuel Alliance Fédérale stands out for its ability to carry out almost all of thi ...
IBM Study: Fan Engagement and Consumption of Sports Shifting, Reveals New Opportunities for Technology Integrations including AI
Prnewswire· 2024-06-26 12:01
International sports fans surveyed are optimistic about the impact of technologies like AI on their digital sports experiences. Real-time updates and personalized content rank as top priorities for fans when it comes to how generative AI can enhance following and engaging with sports events. Younger sports fans overwhelmingly embrace AI-powered experiences and digital platforms for sports content consumption and engagement. ARMONK, N.Y., June 26, 2024 /PRNewswire/ -- As sports fans worldwide tune in to a my ...
Why the Market Dipped But IBM (IBM) Gained Today
ZACKS· 2024-06-25 06:50
The latest trading session saw IBM (IBM) ending at $175.01, denoting a +1.48% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.31%. Meanwhile, the Dow experienced a rise of 0.67%, and the technology-dominated Nasdaq saw a decrease of 1.09%. Shares of the technology and consulting company have appreciated by 0.92% over the course of the past month, underperforming the Computer and Technology sector's gain of 6.41% and the S&P 500's gain of 2.73%. The upcomi ...
IBM Could Grow Market Share as AI Investments Pay Off, Goldman Sachs Says
Investopedia· 2024-06-25 05:40
Key Takeaways IBM got a "buy" rating from Goldman Sachs analysts, who cited the technology giant's moves to boost long-term growth. The analysts pointed to IBM's gains in infrastructure software, artificial intelligence (AI), and consulting. They suggested IBM could stand to gain market share as its investments in AI bear fruit, among other things. IBM (IBM) shares gained 1.5% Monday after Goldman Sachs analysts initiated coverage with a "buy" rating, citing the software, hardware, and services company’s ef ...
Why Goldman Sachs Is Bullish On IBM
Benzinga· 2024-06-25 01:52
Loading... Loading... International Business Machines Corp IBM shares are trading higher after Goldman Sachs analyst James Schneider initiated coverage with a Buy rating and announced a price target of $200. The analyst noted the industry is amid a cyclical correction driven by IT spending constraints, a near-term shift in spending priorities toward AI-focused CapEx, and away from Software and Services. At the same time, Schneider noted investors are grappling with the secular question of whether Generative ...
IBM Stock Rises After Brand-New Buy Rating
Schaeffers Investment Research· 2024-06-24 23:13
Goldman Sachs initiated coverage of IBM (NYSE:IBM) with a "buy" rating, with the analyst in coverage noting that the company's artificial intelligence (AI) services will help it maintain its revenue and free cash-flow growth in the long run. IBM is up 2.9% to trade at $177.52 at last check. Should these gains hold, shares could mark their first close above the $176 region and the 60-day moving average since April. A floor at the $162 level has been containing losses for the last several weeks, and while the ...