IBM Stock Recent News

IBM's shares have surged 35.03% YTD, driven by a strategic pivot to hybrid cloud and AI, shedding its legacy businesses. Recent Fed rate cuts are bullish for IBM, potentially reducing its $57.76 billion debt servicing costs, boosting profitability. IBM's Q2 results beat expectations with $1.99 EPS and $15.8 billion revenue, showcasing strong growth in software and consulting.

WEST PALM BEACH, Fla. and BOSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- HR Executive™, the premier global media company covering strategic issues in HR, today announced that Nickle LaMoreaux, IBM's Senior Vice President and Chief Human Resources Officer, has been named its 2024 HR Executive of the Year.

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) concluded the recent trading session at $220.50, signifying a +1.29% move from its prior day's close.

With over thirty years of experience in enterprise technology strategy, Walker will be tasked with integrating a host of innovative solutions – including artificial intelligence – throughout Zefiro's environmental remediation and carbon markets divisions. Walker has held numerous senior leadership roles with Bain & Company, Deloitte, IBM, and BearingPoint With over thirty years of experience in enterprise technology strategy, Walker will be tasked with integrating a host of innovative solutions – including artificial intelligence – throughout Zefiro's environmental remediation and carbon markets divisions. Walker has held numerous senior leadership roles with Bain & Company, Deloitte, IBM, and BearingPoint

New AI foundation model offers insights beyond forecasting for scientists, developers, and businesses to better understand and analyze weather and climate data YORKTOWN HEIGHTS, N.Y. , Sept. 23, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced a new AI foundation model for a variety of weather and climate use cases, available in open-source to the scientific, developer, and business communities.