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Those quarterly checks paid $0.0625 per split-adjusted share 30 years ago. Today, the quarterly payout is $1.67 per share, or $6.68 per year. ... or its bargain-bin stock price, the stock looks ...
Technology veteran IBM (NYSE: IBM) is catching some tailwinds nowadays. The stock has gained more than 45% over the last year, boosted by the market frenzy for artificial intelligence (AI) experts.
International Business Machines (NYSE: IBM) stock soared 13.6% through 11:10 a.m. Thursday morning after the tech giant beat on both sales and earnings last night. Analysts had forecast IBM would ...
The stock has responded to IBM's improving fortunes by soaring to an all-time high. Shares of IBM were up more than 10% by midday Thursday following the fourth-quarter report, carving out a new ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
Is IBM stock's hot streak in danger of fizzling out?
The AI boom has been a primary reason for the U.S. stock market’s run to repeated records in recent years, and the threat has hit stocks like Nvidia particularly hard. The chip company that’s become the symbol of the AI frenzy spent most of Thursday lower, but it ended with a gain of 1% and was one of the strongest forces lifting the S&P 500.
Today, IBM is focused primarily on the twin technologies ... IBM's Q2 performance was strong enough to drive IBM's share price upward, and now it's not far from the 52-week high of $199.18 reached ...