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 ...

IBM (IBM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this technology and consulting company have returned -3.3% over the past month versus the Zacks S&P 500 composite's +5% change. The Zacks Computer - Integrated Systems industry, to which IBM belongs, has gained 6% over this period. Now the key question is: Where could the stock be headed in the near term?While media re ...

IBM Pension PlanPhoto credit: RedditEarlier this week, I wrote of the news that IBM IBM was reopening its defined benefit (DB) plan. Their announcement was noteworthy for two reasons— IBM is known for being a leader and changemaker in retirement funding, and Is IBM’s action a sign of a reversal of the decades-long trend of corporates moving from traditional DB pension plans?I received inquiries on my column questioning whether the changes in IBM’s pension plan were good for employees, so I am writing this f ...

IBM Retirement PlansPhoto credit: Wealth45.comAfter years of the decline of defined benefit (DB) plans for employee retirement, it was surprising to see IBM announce the reopening of its DB plan. Meanwhile, we continue to see headlines on the paucity of retirement savings workers have in their largely self-funded defined contribution (DC) plans.IBM’s traditional DB pension plan had $25.1 billion in assets in 2022. And IBM’s DC 401(k) Plus Plan had $53.2 billion in assets, according to the latest 11-K statem ...

-71% spike in cyberattacks caused by exploiting identity - 50% AI market share milestone to trigger a cyber problem - Nearly 70% of attacks globally targeted critical infrastructure in 2023 - Europe feels brunt of cyberattacks, making up 32% of global incidents CAMBRIDGE, Mass., Feb. 21, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today released the 2024 X-Force Threat Intelligence Index highlighting an emerging global identity crisis as cybercriminals double down on exploiting user identities to compromise enterp ...

IBM (NYSE: IBM) is in focus today after it announced to have teamed up with Wipro Limited (NYSE: WIT) on new artificial intelligence enabled services.Details of IBM-Wipro expanded partnershipCopy link to sectionThe Indian multinational rolled out Wipro Enterprise AI-Ready Platform on Tuesday that leverages watsonx AI and data platform to help clients build their “enterprise-level, fully integrated, and customised AI environments”. Wipro has also partnered with the New York listed firm on funding the IBM Tec ...

Five years ago, IBM (IBM 0.41%) was little more than a fading memory for most people. The end of the mainframe computer era and the rise of cloud computing left the aging company behind. The revenue decline that began all the way back in 2012 was still well underway as of 2019. Many investors left it for dead.What a difference five years makes! While IBM is still much smaller than it was then -- as measured by sales as well as profits -- the future looks promising. The organization has finally figured out h ...

In 2024, artificial intelligence (AI) continues to play a role in a stock's success after rising to prominence last year. Plenty of tech companies have trumpeted the use of AI, but many didn't even exist when International Business Machines (IBM 0.41%) started working on the technology back in the 1950s.IBM's deep expertise in this area allowed the company's AI book of business to double between the third and fourth quarters of last year. This rapid AI growth is one of the reasons why IBM shares jumped to a ...

“Never confuse brains with a bull market.”Roughly 75% of all stocks follow the general direction of the major market indices such as the Nasdaq 100 ETF ((QQQ) or the S&P 500 Index ETF ((SPY) ). As such, more stocks rise in a bull market, especially a robust one like the one investors enjoy currently. However, a bull market results in excesses and can cause laziness among investors. Stocks that generally wouldn’t perform well can spike rapidly on rumors or gossip.This phenomenon occurs to different degrees; ...

Shares of International Business Machines (IBM -1.32%) are finally trading at multiyear highs after a long and painful period in the doldrums. Big Blue started shifting its business strategy in 2012 under then-CEO Ginni Rometty, but many investors were uncomfortable with sacrificing revenue growth in order to refocus on future growth markets such as cloud computing, data security, and artificial intelligence (AI).So here we are in 2024, those exact target markets are the hottest areas of the digital arena, ...