IBM (IBM) closed at $230.12 in the latest trading session, marking a -0.69% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.82% for the day. Elsewhere, the Dow saw a downswing of 0.22%, while the tech-heavy Nasdaq appreciated by 1.77%.The technology and consulting company's stock has climbed by 9.89% in the past month, exceeding the Computer and Technology sector's gain of 1.43% and the S&P 500's gain of 0.8%.The investment community will be closely monitoring the ...

Company Overview - The account is managed by Noah's Arc Capital Management, which aims to provide Wall Street-level insights to main street investors [1] - The research focus is primarily on 20th-century stocks (old economy) undergoing a 21st-century transformation, with occasional coverage of companies that facilitate such transformations [1] - The firm seeks innovations in business models that can lead to significant stock price changes [1] Analyst Positions - The analyst holds beneficial long positions in IBM, META, AMD, and AMZN through stock ownership, options, or other derivatives [2] Author Information - Noah Cox is the managing partner of Noah's Arc Capital Management, and his views in the article may not necessarily reflect those of the firm [3]

以下文章来源于智谷趋势Trend ，作者知远 智谷趋势Trend . 新中产的首席财富顾问 替代大潮。 作者 | 知远 来源 | 智谷趋势Trend （ID：yuanfangguanchaju） 一场全球科技大厂裁员潮，正汹涌而来—— 4月特斯拉宣布全球裁员超10%，按去年总人数来算，也最少有1 . 4万人要被裁； 8月英特尔宣布全球裁员1 . 5万人，相当于总员工的15%，并要求在年底前完成； 紧接着戴尔被爆两年裁了2 .55万人，通讯大厂思科、诺基亚传出裁员2 0 0 0人、8 0 0 0人， 国内的AI领域头部玩家海康威视、商汤科技也传出裁员数千人的消息…… 据裁员追踪机构 La y o ffs.f yi提供的数据，截至12月2日，2024年全球科技公司至少裁员 了14.9万人。 除开经济环境影响外，还有一个令人忽视的因素，就是老板们，找到了更好的"牛 马"—— AI。 Li nke dI n最新数据显示，工资六位数的就业市场正面临"白领衰退"潮： IT 招聘人数下降了 27% 质量保证职位下降了 3 2% 产品管理下降了 2 3% 项目管理下降了 2 5% 曾经被认为最抗衰退的工程师职位也下降了 26 ...

Tallinn, Estonia--(Newsfile Corp. - December 4, 2024) - QANplatform, the game-changing Layer 1 blockchain platform, announces its partnership with IBM as an official IBM Business Partner. They are introducing QAN Q-Cluster, a tamper-proof and self-auditing system that utilizes AI for log anomaly detection and incorporates quantum-resistant blockchain technology for provable durability and persistence. This collaboration highlights their commitment to providing secure and innovative solutions that address re ...

Buoyed by strong demand for hybrid cloud and AI (artificial intelligence), International Business Machines Corporation (IBM) has surged 39% year to date compared with the industry's growth of 13.1%, outperforming peers like Microsoft Corporation (MSFT) and Amazon.com, Inc. (AMZN) . Image Source: Zacks Investment Research IBM, MSFT, AMZN 2024 Stock Price Performance IBM Set to Benefit From Cloud, AI Focus IBM is poised to benefit from healthy demand trends for hybrid cloud and AI, which drive the Software an ...

Core Viewpoint - C3.ai's stock has declined significantly since its IPO, and while there are signs of recovery, potential investors are advised to consider more stable alternatives like Micron and IBM due to C3.ai's ongoing challenges [1][2][6]. Group 1: C3.ai Overview - C3.ai went public at $42 and peaked at $177.47 shortly after, driven by its enterprise AI algorithms and rapid growth [1]. - As of now, C3.ai's stock trades below its IPO price, reflecting a slowdown in growth and increasing losses, with revenue growth dropping from a compound annual rate of 40% to just 6% in fiscal 2023 [2]. - Revenue for fiscal 2024 increased by 16%, with expectations of further growth between 19% and 27% in fiscal 2025, and analysts project a compound annual growth rate of 20% from fiscal 2024 to fiscal 2027 [3]. Group 2: C3.ai Risks - C3.ai generates over 30% of its revenue from a joint venture with Baker Hughes, which is set to expire at the end of fiscal 2025 without renewal [5]. - The company anticipates remaining unprofitable while developing new generative AI tools [5]. - C3.ai has experienced instability in its financial leadership, having changed CFOs three times since its IPO, leading to inconsistencies in customer counting and subscription models [5]. Group 3: Micron Overview - Micron manufactures DRAM and NAND memory chips, producing denser chips essential for AI applications, despite not being the largest player in the market [7][8]. - In fiscal 2023, Micron's revenue fell by 49% due to a cooling PC market and shifts in chip demand, but it rebounded with a 62% revenue increase in fiscal 2024, returning to profitability [9][10]. - Analysts expect Micron's revenue and adjusted EPS to grow by 52% and 587%, respectively, in fiscal 2025, indicating significant upside potential [11]. Group 4: IBM Overview - IBM's revenue declined from $107 billion in 2012 to $55 billion in 2020, but it has since recovered, with revenue and EPS growing at compound annual rates of 4% and 9% from 2020 to 2023 [12][13]. - The recovery was aided by the spin-off of its slower-growth IT infrastructure services and a focus on expanding Red Hat's presence in hybrid cloud and AI markets [13][14]. - From 2023 to 2026, analysts expect IBM's revenue and EPS to grow at compound annual rates of 4% and 5%, respectively, with the stock reasonably valued at 21 times forward earnings and a dividend yield of 3% [15].

While other AI stocks soar, IBM takes a slow and steady approach. Is Big Blue poised for massive long-term gains as its AI strategy unfolds? Technology veteran IBM (IBM -0.83%) 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. Big Blue has a few growth catalysts in its pocket. Are they enough to make IBM's stock a buy today? Let's have a look. IBM's growth catalysts This experienced tech titan di ...

Tech stocks away from the semiconductor industry have come back with a vengeance in recent months. The AI trade temporarily peaked at the onset of the second half, resulting in software and legacy technology areas outperforming. Then, following theFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion i ...

Core Viewpoint - IBM reported mixed results for Q3 2024, with adjusted earnings exceeding estimates but revenues falling short due to economic uncertainties impacting discretionary spending [2][3]. Financial Performance - The company experienced a net loss of $317 million or $0.34 per share on a GAAP basis, a significant decline from a net income of $1.71 billion or $1.86 per share in the same quarter last year, primarily due to a $2.7 billion pension settlement charge [4]. - Non-GAAP net income from continuing operations was $2.30 per share, slightly up from $2.20 in the prior-year quarter, beating the consensus estimate by $0.03 [5]. - Total revenues for the quarter increased to $14.97 billion from $14.75 billion, driven by strong demand for hybrid cloud and AI solutions, but missed the consensus estimate of $15.19 billion [6]. Segment Performance - Software segment revenues rose to $6.52 billion from $5.95 billion, driven by growth in Hybrid Platform & Solutions, Red Hat, and automation, with segment profit increasing to $1.97 billion [8]. - Consulting segment revenues were $5.15 billion, slightly down from $5.18 billion a year ago, as clients reduced spending on discretionary projects, leading to a decline in segment profit [9]. - Infrastructure segment revenues decreased to $3.04 billion from $3.27 billion, reflecting lower demand and higher investments in AI and hybrid cloud, resulting in a profit decline [10]. - Financing segment revenues fell to $181 million from $186 million, with a corresponding decrease in segment profit [11]. Cash Flow and Liquidity - IBM generated $2.88 billion in cash from operations during the quarter, down from $3.05 billion in the prior-year quarter, with free cash flow increasing to $2.06 billion [12]. - As of September 30, 2024, the company had $13.2 billion in cash and cash equivalents against $52.98 billion of long-term debt [12]. Outlook - For the full year 2024, IBM reiterated its revenue growth expectations in the mid-single digits on a constant currency basis, with free cash flow anticipated to be around $12 billion [13]. - There has been a downward trend in estimates for the stock, indicating a shift in market expectations [14][16].

Kyndryl Holdings Inc. KD is boosting investor confidence with the announcement of its first-ever share repurchase program, worth $300 million. The International Business Machines Corp IBM spin-off is using the buyback to return capital to shareholders, signaling its belief in sustainable growth despite a competitive market. Share Repurchase Reflects Management's Confidence The new repurchase program comes as Kyndryl sees significant progress in both its financials and operational transformation. CEO Martin ...