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Should You Forget C3.ai and Buy These 2 AI Stocks Instead?
The Motley Fool· 2024-11-29 09:08
Micron and IBM could provide more stability than the volatile AI software company.C3.ai (AI 0.08%) went public at $42 on Dec. 9, 2020, started trading at $100, and soared to an all-time high of $177.47 just two weeks later. Investors were initially impressed by its enterprise AI algorithms -- which could be plugged into a large organization's existing software to automate and accelerate certain tasks -- and its rapid growth rates. Its ticker symbol also contributed to its popularity as a meme stock.But as o ...
Is IBM Stock a Buy?
The Motley Fool· 2024-11-28 13:51
While other AI stocks soar, IBM takes a slow and steady approach. Is Big Blue poised for massive long-term gains as its AI strategy unfolds? Technology veteran IBM (IBM -0.83%) is catching some tailwinds nowadays. The stock has gained more than 45% over the last year, boosted by the market frenzy for artificial intelligence (AI) experts. Big Blue has a few growth catalysts in its pocket. Are they enough to make IBM's stock a buy today? Let's have a look. IBM's growth catalysts This experienced tech titan di ...
IBM: Fully Priced At 20x Earnings, Monitoring Momentum Trends (Rating Downgrade)
Seeking Alpha· 2024-11-24 21:01
Tech stocks away from the semiconductor industry have come back with a vengeance in recent months. The AI trade temporarily peaked at the onset of the second half, resulting in software and legacy technology areas outperforming. Then, following theFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion i ...
IBM (IBM) Up 1.8% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-11-22 17:36
A month has gone by since the last earnings report for IBM (IBM) . Shares have added about 1.8% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is IBM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. IBM's Q3 Earnings Beat, Revenues Miss Despite Solid Demand IBM re ...
IBM Spin-Off Kyndryl Announces $300 Million Buyback: What's Next For KD Stock?
Benzinga· 2024-11-21 16:23
Kyndryl Holdings Inc. KD is boosting investor confidence with the announcement of its first-ever share repurchase program, worth $300 million. The International Business Machines Corp IBM spin-off is using the buyback to return capital to shareholders, signaling its belief in sustainable growth despite a competitive market. Share Repurchase Reflects Management's Confidence The new repurchase program comes as Kyndryl sees significant progress in both its financials and operational transformation. CEO Martin ...
Data Storage Corporation's CloudFirst Subsidiary Enters Strategic Partnership with Brightsolid for Expanded IBM Cloud Solutions in Scotland
GlobeNewswire News Room· 2024-11-19 09:00
MELVILLE, N.Y., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) ("DSC" and the "Company"), a premier provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, for IBM Power systems including IBMi and AIX, today announced that its subsidiary, CloudFirst Europe, has entered into a strategic partnership with Brightsolid, a premier data center provider based in Scotland and part of the DC Thomson group. This collab ...
Disney, IBM, Comcast among advertisers back on X after boycott
Proactiveinvestors NA· 2024-11-18 16:34
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Is IBM's Bet on AI Starting to Pay Off?
The Motley Fool· 2024-11-15 12:27
What makes IBM a hidden AI leader? See how this tech giant is shaping the business-class AI market.You might not think of IBM (IBM -0.92%) as an artificial intelligence (AI) expert. The tech veteran is famous for its early PC computers, business-critical mainframes, and unmatched portfolio of consulting services. But IBM is never the first name that springs to mind in the AI conversation.That perception should change very soon. The company has been a quiet AI leader for decades already, betting a large chun ...
UFC Names IBM as First-Ever Official AI Partner
Prnewswire· 2024-11-14 13:15
IBM and UFC to develop UFC Insights Engine built with IBM watsonx to offer enhanced fight analysis across viewing platformsARMONK, N.Y. and LAS VEGAS, Nov. 14, 2024 /PRNewswire/ -- IBM (NYSE: IBM) and UFC®️, the world's premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), today announced an innovative new partnership that will combine the power of IBM's AI and data platform, watsonx, with the vast global reach of UFC's content platforms to enhance the viewing experience for mi ...
IBM Launches Its Most Advanced Quantum Computers, Fueling New Scientific Value and Progress towards Quantum Advantage
Prnewswire· 2024-11-13 14:00
Qiskit, the world's most performant quantum software, can extend length and complexity of certain circuits to 5,000 two-qubit operations with accurate results on IBM quantum computersRIKEN and Cleveland Clinic explore new, scientifically valuable problems by combining quantum and classical resources with Qiskit; Rensselaer Polytechnic Institute takes steps towards quantum-centric supercomputingQiskit services from IBM, Algorithmiq, Qedma, QunaSys, Q-CTRL, and Multiverse Computing to expand performance while ...