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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 ...
IBM's robust Q2 results drove the stock higher, nearly reaching new all-time highs. Big Blue hasn't ventured anywhere near that milestone since 2013. Why IBM Stock Popped After Tuesday's AI-Themed ...
In fact, IBM's first-half FCF results were so good, the company expects 2024 free cash flow to exceed $12 billion. Big Blue delivered FCF of $11.2 billion last year.
Relative strength index. The relative strength index ( RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength .
December 2004 – Acquisition of the IBM PC business by Lenovo: Lenovo acquires 90% interest in IBM Personal Systems Group, 10,000 employees and $9 billion in revenue. April 3, 2006 – Web analytics provider Coremetrics acquires SurfAid Analytics, a standalone division of IBM Global Services.
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 ...
The NASDAQ is an electronic exchange, where all of the trading is done over a computer network. The process is similar to the New York Stock Exchange. One or more NASDAQ market makers will always provide a bid and ask the price at which they will always purchase or sell 'their' stock.
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 ...
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