International Business Machines Corp (IBM)
IBM (IBM) Ascends While Market Falls: Some Facts to Note
IBM (IBM) concluded the recent trading session at $204.11, signifying a +1.41% move from its prior day's close.
Largest U.S. Pension Sold Nvidia, IBM, and Walmart
California Public Employees' Retirement System slashed stakes in Nvidia, IBM, and Walmart, while buying more shares of Lucid Group in the second quarter.
IBM: Top Tier Enterprise AI Play
IBM's Q2 results exceeded expectations, driven by strong performance in software, consulting, and infrastructure, and a 24% increase in free cash flow. IBM's AI strategy, including the Watsonx platform and Meta's Llama 3 integration, positions it well for enterprise AI adoption with enhanced security and customization. IBM's valuation is currently undervalued, with a forward P/E ratio of 19.58, suggesting a potential 20.42% upside if it matches the sector median.
IBM's Next Mainframe Will Pack an AI Punch
IBM details its upcoming Telum II mainframe chip as well as its Sprye AI accelerator card. Both chips will be available in new mainframe systems next year.
IBM: Don't Overpay For The Dividends
IBM's fair value is estimated to be around $145 per share using a dividend discount model with an 8.2% required rate of return. Despite improving business performance, IBM's stock appears overvalued based on traditional price multiples and historical valuation metrics. IBM remains a robust dividend payer, benefiting from potential lower interest rates and improved macroeconomic conditions.
IBM Joins AI Chip Race with Mainframe-Focused Processor
IBM has unveiled an upgraded computer chip that could give its customers an AI boost, potentially reshaping how some industries handle data-intensive tasks. For big businesses still relying on IBM's powerhouse mainframe systems, the Telum II processor could mean smarter, faster operations in an increasingly AI-driven world.
IBM to Shut Down China R&D Operations: Will the Stock Benefit?
International Business Machines announces the closure of its hardware research team in China due to geopolitical tensions between the world's two largest economies.
IBM Unveils Processor Innovations to Boost AI on IBM Z Platform
International Business Machines Corporation IBM has unveiled the architecture of the upcoming IBM Telum II Processor and IBM Spyre at Hot Chips 2024. Designed to enhance processing capacity in next-generation IBM Z mainframe systems, these technologies will accelerate the use of traditional and large language AI models through an innovative ensemble artificial intelligence (AI) method.
Zacks Industry Outlook IBM, Hewlett Packard Enterprise and Eni SpA Agilysys
IBM, Hewlett Packard Enterprise and Eni SpA Agilysys have been highlighted in this Industry Outlook article.
IBM Is America's Worst Big Tech Company
24/7 Wall St. Insights International Business Machines Corp.
IBM says will end research and development work in China
US computer giant IBM confirmed Monday it would close its research and development arm in China.
IBM Latest US Firm To Pull Back From China
IBM (IBM) reportedly is closing its China research and development (R&D) department and moving those functions overseas.The Wall Street Journal said IBM executive Jack Hergenrother informed employees of the move in a virtual meeting Monday.
