Written off just a few years ago, International Business Machines (IBM -0.55%) is enjoying a renaissance. Shares of the tech giant peaked in 2013, and it's taken until now for the stock to approach that all-time high. IBM has undergone some major changes over the past decade. The company has divested, spun off, or otherwise exited a wide range of businesses, including semiconductor manufacturing, commodity server systems, and managed infrastructure services. It's also made some big acquisitions, notably the ...

If you've been around long enough to do so, take a few seconds now to think back over the decades of your life. There were likely a lot of wonderful high points to recall, but also some terrible lows. That's just how life works. In many cases, you have to get through the lows to experience the highs. Often, doing so involves some kind of personal change.The same is true of companies, which are just organizations made up of people. International Business Machines (IBM -0.55%) is one such organization with de ...

IBM (IBM) ended the recent trading session at $193.34, demonstrating a +0.86% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.57%. Elsewhere, the Dow saw an upswing of 0.83%, while the tech-heavy Nasdaq appreciated by 0.39%.Shares of the technology and consulting company witnessed a gain of 2.16% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 3.42% and the S&P 500's gain of 2.97%.The upcomi ...

Dividend stocks are optimal for investors who want cash flow and don’t want to deal with real estate. These stocks pay dividends frequently, raise them each year, and can also generate long-term capital gains for investors.Corporations that distribute cash to their investors are also known for having more stability. These companies have fewer issues with generating profits and maintaining some growth. Dividend stocks don’t outperform the stock market in most cases, especially if you narrow your focus to hig ...

The latest trading session saw IBM (IBM) ending at $196.70, denoting a -0.55% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.54%.Shares of the technology and consulting company have appreciated by 7.66% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.36% and the S&P 500's gain of 3.18%.The upcoming earnings release of IBM will be ...

Legacy tech giant IBM (NYSE:IBM) is in the news though not for the most encouraging of reasons. On Tuesday, reports emerged that the company was cutting jobs in its marketing and communications division. Fundamentally, the IBM layoffs represent the opportunities and challenges behind the rise of artificial intelligence (AI).According to a CNBC report, the tech firm colloquially known as “Big Blue” told employees in the impacted division that it’s slashing the size of its staff. The announcement occurred in ...

Key TakeawaysIBM shares gained more than 3% on Tuesday and were moving slightly higher in premarket trading Wednesday after the company notified staff that it planned to cut jobs in its marketing and communications division.The company is rebalancing its workforce as it prioritizes skills in areas that best meet its customers’ needs, such as artificial intelligence and hybrid cloud.IBM shares may find chart resistance near the peak of a triple top pattern, which also doubles as the stock's all-time high, at ...

An apparent effort at trimming its workforce was the catalyst behind IBM (IBM 3.15%) stock's rise on the second trading day of the week. On reports that the storied tech company aims to reduce its headcount in certain divisions, investors traded the shares up by more than 3% on the day. That rate outpaced the performance of the S&P 500 index, which gained 1.1%.Job cuts apparently comingCiting an unnamed "person with knowledge of the matter," CNBC reported that IBM informed its marketing and communications u ...

POLAND - 2023/09/11: In this photo illustration, IBM logo seen displayed on a smartphone with Artifical Intelligence (AI) symbols in the background.IBM on Tuesday told employees in its marketing and communications division that it's slashing the size of its staff, according to a person with knowledge of the matter.Jonathan Adashek, IBM's chief communications officer, made the announcement in a roughly seven-minute meeting with staffers in the unit, said the person, who asked not to be named because the news ...

The excitement surrounding data analytics investments is firmly grounded in reality, underscored by the rapid advancements in artificial intelligence (AI) and the ever-increasing flow of data.Companies across the board are eager to harness real-time data to fuel their AI systems, aiming to unlock significant business advantages. Specialists in data analytics play a crucial role in both streamlining the process of feeding new data into the AI engines and empowering organizations to make data-driven business ...