This tech giant is already an AI powerhouse, quietly expanding its expertise while the stock trades at investor-friendly prices.In the ever-changing world of artificial intelligence (AI), International Business Machines (IBM -1.06%) is a solid front-runner. Big Blue combines a legacy of innovation with a forward-thinking approach to AI development and implementation -- and market makers haven't caught on to this massive AI investment opportunity yet.With a focus on responsible AI, a thriving consulting busi ...

International Business Machines Corporation (IBM) recently announced a five-year contract with the U.S. Agency for International Development (“USAID”), marking a crucial step in enhancing cybersecurity across the Europe and Eurasia (E&E) region. The contract, initially funded at $26 million, aims to fortify USAID's Cybersecurity Protection and Response program. The initiative is part of USAID's broader effort to promote inclusive growth and democratic societies through secure and robust digital ecosystems. ...

International Business Machines Corporation (IBM) is scheduled to report second-quarter 2024 earnings on Jul 24. The Zacks Consensus Estimate for sales and earnings is pegged at $15.58 billion and $2.16 per share, respectively. Earnings estimates for IBM have declined marginally from $9.90 per share to $9.89 for 2024 but are up from $10.32 per share to $10.33 for 2025 over the past 30 days.IBM Estimate TrendImage Source: Zacks Investment ResearchEarnings Surprise HistoryThe cloud and data platform delivered ...

Wall Street expects a year-over-year decline in earnings on higher revenues when IBM (IBM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 24, 2024, might help the stock move higher if these key numbers are better than expectations. On ...

Five-year contract with $26 million in initial funding focuses on developing effective cybersecurity systems, procedures, and technology solutions WASHINGTON, July 17, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has secured a five-year contract with $26 million in initial funding from the U.S. Agency for International Development (USAID) to support its Cybersecurity Protection and Response (CPR) program aimed to expand and enhance the agency's cybersecurity response support for host governm ...

International Business Machines Corporation (IBM) , in collaboration with Jones Lang LaSalle Inc. (JLL) , recently launched a new sustainability solution, aimed at bolstering Environmental, Social, and Governance (ESG) reporting within the commercial real estate (CRE) sector. This initiative is set to address the rising demand for transparent and accurate ESG data, which has become increasingly crucial for investors and stakeholders.Leveraging IBM’s cutting-edge Envizi technology in data analytics and manag ...

Toronto, July 16, 2024 (GLOBE NEWSWIRE) -- York University’s Lassonde School of Engineering proudly announces the early success of its Digital Technologies BASc program, Canada’s first fully work-integrated degree, as detailed in the newly released, ‘Breaking Ground on Fully Work-Integrated Degree Programs: Early Findings Revealed Impact Summary 2024.’    Recognizing the program’s strong first-year performance and its potential to develop talent for high-value jobs, IBM Canada has joined as a new partner. T ...

IBM (IBM) closed the latest trading day at $182.88, indicating a +0.03% change from the previous session's end. This change lagged the S&P 500's 0.28% gain on the day. On the other hand, the Dow registered a gain of 0.53%, and the technology-centric Nasdaq increased by 0.4%.Shares of the technology and consulting company witnessed a gain of 8.05% over the previous month, beating the performance of the Computer and Technology sector with its gain of 4.22% and the S&P 500's gain of 3.78%.The investment commun ...

Loading...Loading...BofA Securities analyst Wamsi Mohan provides earnings preview ahead of International Business Machines Corporation IBM second-quarter results release after market close on July 24.The analyst writes that IBM’s shares are up 12% year-to-date but have lagged behind the SPX index, which gained 18% over the past year. Since the F1Q earnings call, IBM’s shares have risen 8%.The analyst expects Software (RHT) and Consulting revenues to improve in the second half but sees some risk in the near ...

CHICAGO, July 15, 2024 /PRNewswire/ -- IBM (NYSE:IBM) and JLL (NYSE:JLL) today announced a sustainability solution powered by IBM Envizi technology and delivered by JLL's sustainability services team, available globally.JLL's Sustainability Program Management, which provides sustainability services, such as decarbonization strategies to the commercial real estate (CRE) sector, will now be underpinned by ESG reporting and data management software in the form of the IBM Envizi ESG Suite.  The solution is desi ...