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IBM Boosts Generative-AI Powered Cybersecurity: Time to Buy?
ZACKS· 2024-08-09 14:31
International Business Machines Corporation (IBM) recently augmented the generative AI capabilities of its managed Threat Detection and Response Services with the launch of the IBM Consulting Cybersecurity Assistant.Designed to accelerate and improve the identification, investigation and response to critical security threats, the Cybersecurity Assistant will form an integral part of IBM's watsonx data and AI platform along with IBM Consulting Advantage. This, in turn, is expected to empower IBM consultants ...
IBM (IBM) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2024-08-07 14:36
After reaching an important support level, IBM (IBM) could be a good stock pick from a technical perspective. IBM surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.The 20-day moving average can ...
Is IBM Stock a Buy Now?
The Motley Fool· 2024-08-07 13:21
There's more to the tech titan than an attractive dividend.Many tech companies are touting artificial intelligence (AI) these days, but few even existed when International Business Machines (IBM 0.41%) began working on AI in the 1950s.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.With the AI market experiencing explosive growth and Big Blue's decades of experience in the f ...
IBM Introduces New Generative AI-Powered Cybersecurity Assistant for Threat Detection and Response Services
Prnewswire· 2024-08-05 12:00
New advancements built on watsonx empower IBM Consulting security analysts to help clients accelerate alert investigation ARMONK, N.Y., Aug. 5, 2024 /PRNewswire/ -- IBM (NYSE: IBM) announced today the introduction of generative AI capabilities to its managed Threat Detection and Response Services utilized by IBM Consulting analysts to advance and streamline security operations for clients. Built on IBM's watsonx data and AI platform, the new IBM Consulting Cybersecurity Assistant is designed to accelerate a ...
Is It Time to Buy IBM Stock?
The Motley Fool· 2024-07-31 11:45
IBM reported solid second-quarter results and boosted its full-year guidance.International Business Machines (IBM -0.24%) beat expectations with its second-quarter earnings report last week, reporting solid revenue and adjusted earnings growth. While the consulting segment was a bit of a weak spot, a strong software segment and surprising growth from the infrastructure segment were enough to push revenue at constant currency up 4% year over year.On top of beating analyst analysts for the second quarter, IBM ...
IBM's Generative AI Business Is Small but Booming
The Motley Fool· 2024-07-31 08:40
IBM doubled its generative AI bookings in a single quarter.International Business Machines (IBM -0.24%) has long been an AI innovator, but the iconic tech giant has historically struggled to turn AI into a bona fide business.IBM's Watson AI system famously beat top-tier Jeopardy! champions in 2011, a feat that came more than a decade before OpenAI's world-changing ChatGPT. Attempts to parlay that accomplishment into revenue and profit, however, largely came up empty. Watson Health, IBM's high-profile play a ...
IBM(IBM) - 2024 Q2 - Quarterly Report
2024-07-30 10:38
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTER ENDED JUNE 30, 2024 1-2360 (Commission file number) INTERNATIONAL BUSINESS MACHINES CORPORATION (Exact name of registrant as specified in its charter) New York (State of incorporation)13-0871985 (IRS employer identification number) One New Orchard Road Armonk, New York (Address of principal executive offices) ...
IBM Report: Escalating Data Breach Disruption Pushes Costs to New Highs
Prnewswire· 2024-07-30 09:45
Intellectual property theft spiked; More than one-third of breaches involved shadow dataYet use of AI/Automation cut breach costs by $1.88 millionCAMBRIDGE, Mass., July 30, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today released its annual Cost of a Data Breach Report revealing the global average cost of a data breach reached $4.88 million in 2024, as breaches grow more disruptive and further expand demands on cyber teams. Breach costs increased 10% from the prior year, the largest yearly jump since the pandemi ...
IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND
Prnewswire· 2024-07-29 20:52
Core Viewpoint - IBM's board of directors declared a quarterly cash dividend of $1.67 per common share, marking a continuation of its long-standing dividend payment history since 1916 [1]. Group 1 - The dividend is payable on September 10, 2024, to stockholders of record as of August 9, 2024 [1]. - With this payment, IBM will have maintained consecutive quarterly dividends for over a century [1].
Don't Overlook IBM (IBM) International Revenue Trends While Assessing the Stock
ZACKS· 2024-07-29 14:16
Have you evaluated the performance of IBM's (IBM) international operations during the quarter that concluded in June 2024? Considering the extensive worldwide presence of this technology and consulting company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health ...