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After years of being range-bound, IBM’s stock has broken out, rising about 24% over the past 12 months to an almost 10-year high. Click here for in-depth analysis of the latest stock market news ...
Anders Bylund, The Motley Fool. July 25, 2024 at 4:41 PM. IT veteran International Business Machines (NYSE: IBM) reported second-quarter results on Tuesday evening. Big Blue knocked this quarter ...
Today, IBM is focused primarily on the twin technologies of AI and cloud computing. Both of these areas are massive markets worth $184 billion and $676 billion, respectively, in 2024.
The 112-year-old tech company has been researching and developing its own artificial intelligence technology since the 1950s and garnered significant attention when its supercomputer Watson beat ...
Transarc (Transarc Corporation bought by IBM in 1994, became part of IBM proper in 1999 as the IBM Pittsburgh Lab) [ 11] 1995. Lotus Development Corporation for $3.5 billion. Information Systems Management Canada (ISM Canada) K3 Group Ltd. Chrysler Systems Leasing (February 1995) 1996.
A reasonably priced stock. Despite the sluggish growth in the consulting segment, IBM now expects to generate more than $12 billion of free cash flow this year. With a market capitalization of ...
On Tuesday, the company said that it is exploring to make the IBM Granite model series available later this year for use across the Salesforce, Inc. (NYSE: CRM) Einstein 1 platform, with the aim ...
IBM (IBM) closed the most recent trading day at $133.98, moving +0.56% from the previous trading session.
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