IBM appears to be treading in the middle of the road and new investors could be better off if they trade with caution.
C3.ai (AI 0.08%) went public at $42 on Dec. 9, 2020, started trading at $100, and soared to an all-time high of $177.47 just two weeks later. Investors were initially impressed by its enterprise AI algorithms -- which could be plugged into a large organization's existing software to automate and accelerate certain tasks -- and its rapid growth rates.
Technology veteran IBM (IBM -0.83%) is catching some tailwinds nowadays. The stock has gained more than 45% over the last year, boosted by the market frenzy for artificial intelligence (AI) experts.
Tech stocks, excluding semiconductors, have surged, with IBM benefiting from AI trends, but valuation concerns prompt a downgrade to a hold. IBM's Q3 results were mixed, with strong software growth but weak infrastructure performance, causing a significant stock drop despite a bottom-line beat. IBM's financial outlook includes solid free cash flow and potential EPS growth, but competition and debt sensitivity pose risks.
IBM (IBM) reported earnings 30 days ago. What's next for the stock?
Kyndryl Holdings Inc. KD is boosting investor confidence with the announcement of its first-ever share repurchase program, worth $300 million.
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.
Walt Disney Co (NYSE:DIS, ETR:WDP), International Business Machines Corp (NYSE:IBM) and Comcast Corporation (NASDAQ:CMCSA, ETR:CTP2) are among a string of advertisers to have returned to X following a boycott late last year. Alongside Warner Bros Discovery Inc (NASDAQ:WBD, ETR:J5A) and Lionsgate Entertainment, the formerly key advertisers to the social media platform have spent $3.3 million on X so far this year.
What makes IBM a hidden AI leader? See how this tech giant is shaping the business-class AI market.
IBM Vice-chairman Gary Cohn discusses the 2017 tax cuts, tariffs and the Trump transition team on 'The Claman Countdown.'
"Five years from now, if you're not using [artificial intelligence] in every part of your business, I can look you in the eye and say you're going to be fundamentally disadvantaged," IBM (IBM) CEO Arvind Krishna told Yahoo Finance at the 2024 Invest conference. D.A. Davidson Managing Director Gil Luria joins Morning Brief Hosts Seana Smith and Brad Smith to discuss where IBM stands in the AI era and how businesses are leveraging the emerging tech.
This year has been one where developments on the artificial intelligence front have cranked up into warp overdrive. And IBM (IBM) sits right in the center of all things AI.