In the latest trading session, IBM (IBM) closed at $221.08, marking a +0.11% move from the previous day.
IBM's business model focuses on Software, Consulting, and Infrastructure, with primary customers being other businesses. The company enjoys a role to play in the industry of generative AI on many fronts, as well as the sleeping potential of quantum computing. The current price therefore only needs modest growth to be a fair one, leaving room for upside.
Recently, Zacks.com users have been paying close attention to IBM (IBM). This makes it worthwhile to examine what the stock has in store.
An allegedly IBM Corporation (NYSE: IBM) employee went to Reddit on September 27 for a long rant against the company. In the original post, the user u/ReindeerLess4421 questions, “Why are any of us still here,” warning that “IBM is dying and we know it.
IBM announces successful expansion of its quantum data center in Poughkeepsie, marking a significant milestone in the realm of quantum computing.
It's not just the S&P 500 itself hitting an all-time high. A surprising group of big stocks are doing the same.
IBM (IBM) and NASA are partnering to develop an open-source AI model for weather and climate analysis. The foundational model trained on NASA's data is now available on Hugging Face, the AI startup platform.
If IBM is ready to slow down after a strong run, how can you profit? Enter the bear call strategy.
IBM (IBM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
IBM (IBM) concluded the recent trading session at $220.50, signifying a +1.29% move from its prior day's close.
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.
IBM today announced that it has acquired Kubecost, a FinOps startup that helps teams at companies like Allianz, Audi, Rakuten and GitLab monitor and optimize their Kubernetes clusters with a focus on efficiency and, ultimately, cost.