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After years of being range-bound, IBM’s stock has broken out, rising about 24% over the past 12 months to an almost 10-year high. Click here for in-depth analysis of the latest stock market news ...
NEW YORK (Reuters) -IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong demand for its ...
IBM's new AI platform, called watsonx, launched in 2023. ... Big Blue's sales helped it grow Q2 free cash flow (FCF) to $2.6 billion, up from $2.1 billion in 2023. The company expects its full ...
This Chart Might Change Your Mind. Dan Victor, The Motley Fool. October 19, 2024 at 4:30 PM. Shares of International Business Machines (NYSE: IBM) are trading at a record high amid a spectacular ...
In the year since the company launched watsonx, IBM's book of business in generative AI has grown to more than $2 billion. Grand View Research estimates that the market will reach $109 billion by ...
Lynn Martin is an American markets executive and computer programmer. On January 3, 2022, she became the 68th president of the New York Stock Exchange (NYSE).. Having completed degrees from Manhattan College (computer science) and Columbia University (statistics), Martin first joined the workforce as a computer programmer for IBM before eventually working her way up through positions with the ...
Financials as of March 31, 2024. [update] [3] Kyndryl Holdings, Inc. is an American multinational information technology infrastructure services provider, [4][5][6] headquartered in New York City [7] and created from the spin-off of IBM 's infrastructure services business in 2021. The company designs, builds, manages and develops large-scale ...
IBM's quantum computing research is another. The stock has gained a market-beating 56% over the last year, but it still trades at a modest 16 times free cash flow (FCF). By comparison, the average ...
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