Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

NEW YORK, May 20, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced a collaboration with NVIDIA to accelerate the development, implementation and use of AI-powered insights and business outcomes. Kyndryl's AI-powered open integration digital business platform, Kyndryl Bridge, will support the end-to-end lifecycle of AI development and implementation in real-world business environments for customers running full-stack NVIDIA accelerated ...

NEW YORK, May 16, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled new artificial intelligence (AI) and generative AI-based consulting and managed delivery services to help organizations exploit their mainframe application and data assets as part of their hybrid cloud transformation. Kyndryl is committed to furthering the adoption of AI and generative AI by educating more than 5,000 of its mainframe professionals with new AI skills on top of th ...

Kyndryl Media Contact: Ed Barbini [email protected] SOURCE Kyndryl NEW YORK, May 14, 2024 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin Schroeter and Chief Financial Officer David Wyshner will speak at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 3:45 p.m. ET. During the course of the event, they will discuss the Company's busine ...

Acquires privately held Skytap to accelerate hybrid cloud adoption and help customers modernize mission-critical infrastructure platforms  Announces definitive agreement to sell its Securities Industry Services business in Canada to Broadridge to enhance Kyndryl's focus on core growth areas NEW YORK, May 13, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that it has acquired privately held Skytap, a leading specialized workload services prov ...

Kyndryl is betting big on AI to fuel its future growth. Will it pay off?Kyndryl (KD 3.37%) just signed off on a vigorous week. According to data from S&P Global Market Intelligence, the leading provider of IT infrastructure services saw share prices rise 32.1% from one Friday closing bell to the next, lifted by a promising fourth-quarter earnings report.Kyndryl's quarterly results by the numbersIn Q4 of fiscal year 2024, Kyndryl's sales fell 10% year over year to $3.85 billion. The bottom line landed at a n ...

2 Martin Schroeter, Chairman and Chief Executive Officer Up 3% in fiscal 2024, with 9% projected pretax margins 5 Fourth Quarter 2024 Earnings Forward-looking statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "will," "anticipate," "predict," "project," "contemplate," "plan," "forecast," "future," "estimate," "expect," "intend," "target," "may," "should," "w ...

Kyndryl Holdings, Inc. (NYSE:KD) Q4 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Lori Chaitman - Global Head of Investor Relations Martin Schroeter - Chairman and CEO David Wyshner - Chief Financial Officer Conference Call Participants Divya Goyal - Scotiabank Tien-Tsin Huang - JPMorgan Jamie Friedman - Susquehanna David Togut - Evercore ISI Operator Good morning, ladies and gentlemen, and thank you for standing by. My name is Abby, and I will be your conference operator today. ...

Kyndryl Holdings, Inc. (KD) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 91.67%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced a loss of $0.05, delivering a surprise of -150%.Over the last four quarters, the company has su ...

Exhibit 99.1 KYNDRYL REPORTS FOURTH QUARTER AND FULL-YEAR 2024 RESULTS NEW YORK, May 7, 2024 – Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended March 31, 2024, the fourth quarter of its 2024 fiscal year. "Fiscal 2024 was a year of acceleration and achievement for Kyndryl, driven by contributions from employees around the world. As we start our new fiscal year, we have pivoted from transformation to growth. Our ...