International Business Machines Corporation (IBM)
IBM: Positives Have Been Priced In (Rating Downgrade)
Earlier, I argued that the growth potential of IBM's software business is underestimated with the expansion of AI. IBM has indeed made progress on this front with several of its AI-related products since then. However, the stock's P/E ratio has also expanded significantly meanwhile.
1 Top AI Agent Stock to Buy Right Now
The first phase of the artificial intelligence (AI) boom was undoubtedly defined by powerful large language models capable of a large variety of tasks. AI models like those that power ChatGPT can do a lot of things reasonably well, although they still output incorrect information and fabricated responses at times.
Will IBM Stock Benefit From Lawsuit Settlement With GlobalFoundries?
International Business Machines Corporation reaches a positive resolution with GlobalFoundries settling all legal disputes and paving the foundation for future collaboration.
IBM Faces UK Watchdog Scrutiny for HashiCorp Buyout: Trouble Brewing?
IBM appears primed for further price appreciation despite apparent roadblocks and investors are likely to profit if they bet on this high-flying stock now.
GlobalFoundries climbs after settling lawsuits with IBM
Shares in GlobalFoundries Inc (NASDAQ:GFS) rose 1.2% after a settlement was reached to resolve ongoing lawsuits with International Business Machines Corp (NYSE:IBM). All litigation, including potential breach of contract, trade secrets and intellectual property claims between the two companies have now been resolved, GF said in a statement, adding that it allows the companies to "explore new opportunities for collaboration".
IBM, GlobalFoundries settle lawsuits over contract, trade secrets
GlobalFoundries and IBM said on Thursday that they have settled dueling lawsuits claiming that GlobalFoundries breached a contract with IBM and that the computer giant misused the chipmaker's trade secrets.
Another Lost Year for IBM
International Business Machines Corp. (NYSE: IBM) recently said it will release the world's largest supercomputer next year.
IBM (IBM) Suffers a Larger Drop Than the General Market: Key Insights
The latest trading day saw IBM (IBM) settling at $220.25, representing a -1.14% change from its previous close.
UK antitrust watchdog launches review of IBM's HashiCorp takeover
The Competition and Markets Authority, the U.K.'s antitrust watchdog, has opened an investigation into whether IBM's planned acquisition of cloud software vendor HashiCorp would affect competition.
Investors Heavily Search International Business Machines Corporation (IBM): Here is What You Need to Know
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.
All You Need to Know About IBM (IBM) Rating Upgrade to Buy
IBM (IBM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Is International Business Machines (IBM) Outperforming Other Computer and Technology Stocks This Year?
Here is how IBM (IBM) and Credo Technology Group Holding Ltd. (CRDO) have performed compared to their sector so far this year.
