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.
Zacks.com users have recently been watching IBM (IBM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Examine the evolution of IBM's (IBM) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
With the S&P 500 providing a paltry 1.32% dividend yield today, income-focused investors must be selective in their search for yield. That's where the Dividend Aristocrats come in.
High-yield dividend stocks allow investors to generate steady cash flow while holding onto their shares. However, most of these same stocks tend to underperform the stock market.