Corporate restructuring seems to be the call of the hour as IBM aims to improve its profitability...
Continue ReadingOver the past six months, IBM has been a great trade. While the S&P 500 was flat, the stock price has climbed by 11.9% to $247.60 per share. This performance may have investors wondering how to approach the situation...
Continue ReadingFPA Queens Road Value Fund (âFundâ) returned -2.69% for the fourth quarter of 2024. Click here to read the full commentary...
Continue ReadingThis is what could happen next to IBM shares...
Continue ReadingWall Street’s biggest optimist on technology companies said spending on artificial intelligence has risen over the past weeks even as the stock market has struggled, and that IBM has an enormous opportunity to benefit. In a research note on Monday morning, Wedbush Securities’ managing director Daniel Ives estimated that AI spending now makes up roughly 12% of many IT budgets, and in some cases even 15%. The numbers, up from his estimate of 10% for January, were based on checks conducted over the past few weeks monitoring dozens of large companies...
Continue ReadingInvesting.com -- Wedbush Research added IBM (NYSE:IBM) to its Best Ideas List, highlighting the company's focus on balancing growth investments with improved operating efficiency...
Continue ReadingWe recently published a list of Jim Cramer on These 9 Stocks Recently. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other stocks that Jim Cramer discussed recently. On Wednesday, Jim Cramer, the host of Mad Money, shared his thoughts on the importance of […]...
Continue ReadingThe layoffs will impact several divisions, including the company’s Cloud Classic unit...
Continue ReadingFinding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP...
Continue ReadingWedbush analysts on Monday added IBM to their "best ideas" list, citing the tech giant's ability to benefit from increased enterprise AI spending. IBM stock was higher in premarket trading Monday. "With AI expected to drive $4.4 trillion in annual productivity gains by 2030, we believe that IBM is well-positioned to capitalize on the current demand shift for hybrid and AI applications as more enterprises look to implement AI to drive efficiencies across operations," the Wedbush note said...
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