Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.
International Business Machines on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.
AI may pose a threat to software companies that charge customers per seat or employee, but IBM offers relative stability in part due to a different business model.
Neudesic renews Microsoft Cloud Security Specialization, reinforcing IBM's push into hybrid, multi-cloud security solutions.
IBM Concert lands Deutsche Telekom as a client, showcasing how AI automation could reshape hybrid cloud security.
For International Business Machines NYSE: IBM and Accenture NYSE: ACN, markets have reacted in starkly different fashion to the stories of these two Gen-AI consulting leaders. Both companies have built multi-billion-dollar Gen-AI businesses, but one stock has soared, while the other hasn't.
In the closing of the recent trading day, IBM (IBM) stood at $294.78, denoting a +1.75% move from the preceding trading day.
IBM (IBM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
International Business Machines Corporation NYSE: IBM has captured significant market attention, with its stock reaching new all-time highs. This decisive price action, driven by high retail investor interest and substantial trading volume, signals a renewed focus on the technology sector giant among investors.
In the latest trading session, IBM (IBM) closed at $289.18, marking a +2.92% move from the previous day.
IBM deepens AI push with new security and governance tools, strategic alliances and expanding industry applications.
IBM has been one of the first tech companies to say it would lay off workers because of AI.