NIST incorporates IBM's algorithms into the world's first post-quantum cryptography standards, marking a crucial step in safeguarding digital infrastructure.
NVIDIA Corp (NASDAQ:NVDA, ETR:NVD), Microsoft Corp (NASDAQ:MSFT), International Business Machines Corp (NYSE:IBM) and Accenture PLC (NYSE:ACN) are some of the most well-liked stocks across U.S. Congress, trading platform eToro revealed.
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.
Remember when IBM had years of stagnation and declining investor returns? Now, a successful turnaround at International Business Machines (NYSE: IBM ) is finally taking hold.
IBM collaborates with WWF to use AI technology for better monitoring and protecting critically endangered African forest elephants.
IBM appears to be treading in the middle of the road, and new investors could be better off if they trade with caution.
After reaching an important support level, IBM (IBM) could be a good stock pick from a technical perspective. IBM surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
IBM's focus on AI and cloud computing is paying off with revenue and free cash flow growth. The firm's consulting division, contributing about a third of its Q2 revenue, saw a year-over-year sales decline.
IBM has added generative artificial intelligence (AI) capabilities to its managed threat detection and response services. Built on the company's watsonx data and AI platform, the new IBM Consulting Cybersecurity Assistant is designed to speed and improve the identification, investigation and response to critical security threats, IBM announced Monday (Aug. 5).
Amazon's AWS holds 31% of the global cloud computing market, making it a cornerstone of the AI industry. No other company comes close to matching IBM's massive volume of patented AI innovation.
IBM beat analyst estimates for revenue and earnings in the second quarter as software sales jumped. The consulting business was a mixed bag, but demand for generative AI services is booming.
IBM has now booked more than $2 billion worth of generative AI business. Most of that comes from consulting signings, with the rest coming from software.