IBM appears to be treading in the middle of the road and new investors could be better off if they trade with caution.
Tech stock IBM (NYSE:IBM), otherwise known as International Business Machines Corporation, is up 0.7% at $241.10 today.
International Business Machines (IBM 1.46%) announced a $0.01 per share dividend hike on Tuesday, extending its streak of annual payout increases to 30 years. The quarterly dividend that will be paid on June 10 to shareholders of record as of May 9 will be $1.68 per share.
IBM (IBM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
IBM doesn't do much overseas manufacturing but may be trying to protect some of its consulting contracts with the U.S. government.
IBM plans to invest $150 billion in tech manufacturing, research, and development in the United States over the next five years. The technology giant announced this commitment in a news release on Monday.
Technology giant IBM announced plans on Monday to invest $150 billion in the United States over five years, including $30 billion earmarked for research and development to bolster manufacturing of mainframe and quantum computers.
International Business Machines Corp (NYSE:IBM) has announced plans to invest $150 billion in the United States over the next five years, directed toward research and development, manufacturing, and quantum computing initiatives. At least $30 billion of the total investment will support R&D efforts, focusing on advanced computing technologies such as mainframe and quantum computers.
International Business Machines (IBM) said Monday it plans to invest $150 billion in the U.S. over the next five years, the latest in a string of large companies boosting their presence in the country since President Donald Trump regained the White House.
Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM's] role as the global leader in computing,” the company said in a press release Monday.
International Business Machines plans to invest $150 billion in the U.S. over the next five years as tariffs threaten to make international manufacturing more expensive.
IBM, founded in 1911, is making a major investment in the United States over the next five years, the company announced in a media release on Monday.