The most recent trading session ended with IBM (IBM) standing at $185.03, reflecting a -0.15% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.52% for the day. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq added 0.9%.Shares of the technology and consulting company witnessed a gain of 0.89% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.9% and the S&P 500's gain of 3.85% ...

The “Dogs of the Dow” is an investment approach whereby investors allocate money to the 10 highest dividend-yielding blue-chip stocks listed in the Dow Jones Industrial Average, also known as the Dow 30. By rebalancing a portfolio and weighting it heavily towards the Dow stocks that offer the highest dividend yields, investors can beat the overall performance of the Dow Jones Industrial Average, or so the theory goes. The strategy first became popular in 1991 when author Michael B. O’Higgins published his b ...

IBM offers an optimized version of Mixtral-8x7B that showed potential to cut latency by up to 75% Adds to growing catalogue of IBM, third-party and open-source models to give clients choice and flexibility Latest open-source model available on watsonx AI and data platform with enterprise-ready AI studio, data store and governance capabilities  ARMONK, N.Y., Feb. 29, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced the availability of the popular open-source Mixtral-8x7B large language model (LLM), de ...

By Christina Montgomery, Chief Privacy & Trust Officer, IBM and Joshua New, Senior Fellow, IBM Policy LabWASHINGTON, Feb. 28, 2024 /PRNewswire/ -- Deepfakes – realistic AI-generated audio, video, or images that can recreate a person's likeness – are one of the most pressing challenges posed by generative AI, given the potential for bad actors to use it to undermine democracy, exploit artists and performers, and harass and harm everyday people. These are not speculative risks. Already, deepfakes are being u ...

Dividend aristocrats have a good history of distributing payouts to their investors. These corporations are listed on the S&P 500 and have raised their dividends for at least 25 consecutive years.These stocks aren’t the ones you would pick to outperform the market. However, these same firms offer more stability than most assets. Investors can find a good margin of safety and solid cash flow if they explore dividend aristocrats. These are some of the dividend aristocrats that can grow your portfolio.IBM (IBM ...

~ 63% of Energy CEOs surveyed expect to realize value from generative AI and automation ~ ORLANDO, Fla., Feb. 26, 2024 /PRNewswire/ -- Today, at Distributech 2024, IBM (NYSE: IBM) unveiled additional findings from its global study findings that show that 74% of Energy & Utility companies surveyed have implemented or are exploring using AI in their operations.  Within the sector, among surveyed IT Professionals, 33% are focusing AI projects on HR/Talent Acquisition and 27% are focused on AI Monitoring & Gove ...

Economic Environment and Market Conditions - IBM's revenue and profit could be impacted by a downturn in the economic environment and client spending budgets[19] - Approximately 60% of IBM's revenues are derived from sales outside the United States, making it susceptible to global economic and political changes[27] - The company's financial results are difficult to predict due to factors such as new product introductions and competitive market conditions[26] - Adverse financial market conditions could negatively impact the company's pension plans, potentially requiring additional funding and affecting financial flexibility[49] - The company is exposed to currency and financing risks that could impact its revenue, as a significant portion of its operations is conducted in non-U.S. currencies[50] - The company's financial performance may be affected by changes in market liquidity conditions and customer credit risk, necessitating ongoing credit evaluations[51] Cybersecurity Risks - Cybersecurity threats are evolving, and the company is at risk of security breaches that could adversely affect operations[39] - The company faces significant cybersecurity risks, including potential liabilities, litigation, and regulatory actions, which could lead to financial losses and damage to its brand and reputation[42] - Cybersecurity incidents could result in operational disruptions, financial losses, and potential liability for the company and its customers, despite ongoing mitigation efforts[43] - The regulatory environment regarding cybersecurity, privacy, and data protection is increasingly complex, leading to higher compliance costs and potential impacts on the company's business operations[44] - The Cybersecurity Advisory Committee (CAC) oversees the management of cybersecurity risks, including governance structure and incident reviews[64] - IBM's management team includes senior leaders with significant experience in cybersecurity, contributing to the company's risk management strategies[65] - The Audit Committee receives regular updates on cybersecurity risks, threat intelligence, and emerging global policies from the Chief Information Security Officer (CISO)[66] Talent and Employee Management - IBM's reliance on skilled employees is critical, and a shortage of talent could impact its future success[33] - The company continues to invest significantly in strategic areas to drive revenue growth, but client adoption rates remain uncertain[22] - IBM's Annual Incentive Program was effective from January 1, 2023, enhancing employee performance incentives[105] - The company has incorporated multiple forms of LTPP equity award agreements effective from various dates, including stock options and performance share units[104] - IBM's governance includes a comprehensive Director Compensation plan to be detailed in the Proxy Statement for the Annual Meeting of Stockholders on April 30, 2024[105] Legal and Regulatory Risks - The company faces risks from acquisitions, including integration challenges and the assumption of liabilities[25] - The company is involved in various legal proceedings that could pose risks to its operations and financial condition, although it believes it has appropriate risk management programs in place[48] - Changes in tax laws and regulations could adversely affect the company's income tax liabilities and financial condition, particularly with the OECD's evolving guidelines[47] - The company is subject to potential climate-related risks and costs, including severe weather events and new regulations, which could incur substantial cleanup costs and fines[45] Financial Performance and Reporting - The company's internal controls over financial reporting may not prevent misstatements, which could harm business results[30] - The company has not reported any changes in internal control over financial reporting that materially affect its operations during the fourth fiscal quarter[74] - IBM's consolidated income statement for the year ended December 31, 2023, is included in the annual report[90] - The consolidated balance sheet at December 31, 2023, shows significant financial metrics, which are detailed in the annual report[90] - The consolidated statement of cash flows for the year ended December 31, 2023, is provided in the annual report[90] - The report of independent registered public accounting firm is included, ensuring the accuracy of financial statements[90] - The audit committee's report and details on audit and non-audit fees will be filed in the definitive proxy statement[89] - The financial statement schedule required by Item 8 is included, detailing valuation and qualifying accounts for the years ended December 31, 2023, 2022, and 2021[91] - The company has various debt instruments with specific interest rates and due dates, which are detailed in the exhibits[93][94][95] - The instruments defining the rights of security holders for multiple notes and debentures are incorporated by reference, ensuring transparency[96][97][98] - IBM's financial statements are audited by PricewaterhouseCoopers LLP, ensuring compliance and accuracy in reporting[116] - The company has incorporated various noncompetition agreements over the years, ensuring protection of its business interests[105] Allowance and Provisions - Current allowance for credit losses at the end of 2023 is $431 million, down from $467 million in 2022, reflecting a decrease of 7.7%[119] - Allowance for inventory losses increased to $658 million in 2023 from $631 million in 2022, representing an increase of 4.3%[119] - Revenue-based provisions at the end of 2023 stand at $480 million, up from $424 million in 2022, indicating a rise of 13.2%[119] - Additions to current allowance for credit losses in 2023 were $13 million, compared to $59 million in 2022, showing a significant decrease of 78.0%[119] - Write-offs for current allowance for credit losses in 2023 totaled $97 million, compared to $55 million in 2022, an increase of 76.4%[119] - The company recorded $201 million in additions to the allowance for inventory losses in 2023, compared to $162 million in 2022, marking an increase of 24.0%[119] - The total write-offs for revenue-based provisions in 2023 were $456 million, a decrease from $629 million in 2022, reflecting a reduction of 27.5%[119] - The balance of noncurrent allowance for credit losses at the end of 2023 is $27 million, slightly down from $28 million in 2022[119] - The company reported a total of $500 million in additions to revenue-based provisions in 2023, compared to $620 million in 2022, indicating a decrease of 19.4%[119] - The total allowance for inventory losses at the end of 2023 is $658 million, which is higher than the $633 million recorded in 2021, showing a growth of 3.9%[119] Corporate Governance and Shareholder Matters - The Board of Directors will hold the Annual Meeting of Stockholders on April 30, 2024, where various governance and compensation matters will be discussed[76] - The governance and board-related information will be incorporated by reference in the proxy statement for the annual meeting on April 30, 2024[88] - The company has long-term performance plans related to acquisitions, which are detailed in the registration statements[101] - IBM's Board of Directors has approved various compensatory plans, including amendments to the Deferred Compensation and Equity Award Plan effective January 1, 2014, and subsequent amendments[105] - The company confirmed a $2,500,000,000 Three-Year Credit Agreement dated June 22, 2021, with an extension confirmed on June 15, 2023[107] - IBM has a $7,500,000,000 Five-Year Credit Agreement dated June 22, 2021, with an extension confirmed on June 15, 2023[107]

One of the big secular trends of the past year has been artificial intelligence (AI). The market for AI is forecast to hit $305.9 billion in 2024, and expected to grow to $738.8 billion by 2030.This market expansion serves as a multiyear tailwind for companies developing AI technology. That includes tech veterans International Business Machines (IBM 0.82%) and Microsoft (MSFT -0.32%). The demand for each company's AI offerings helped propel both companies' stocks higher over the past year.IBM shares were at ...

IBM (IBM) closed the latest trading day at $185.72, indicating a +0.82% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.04%. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.28%.Shares of the technology and consulting company have depreciated by 3.27% over the course of the past month, underperforming the Computer and Technology sector's gain of 4.78% and the S&P 500's gain of 5.01%.Investors will be eagerly watc ...

It has been about a month since the last earnings report for IBM (IBM) . Shares have lost about 3.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is IBM due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. IBM Beats Q4 Earnings Estimates on Solid AI, Cloud DemandIBM en ...