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IBM Advances Secure AI, Quantum Safe Technology with IBM Guardium Data Security Center
Prnewswire· 2024-10-22 12:00
IBM Guardium Data Security Center provides unified, SaaS-first data security capabilities amid hybrid cloud, AI, and quantum transformationNew software part of IBM's comprehensive approach for protecting hybrid cloud and AIARMONK, N.Y., Oct. 22, 2024 /PRNewswire/ -- As hybrid cloud-, AI-, and quantum-related risks upend the traditional data security paradigm, IBM (NYSE: IBM) is launching IBM Guardium Data Security Center – allowing organizations to protect data in any environment, throughout its full lifecy ...
IBM Thinks Small to Win Enterprise AI
The Motley Fool· 2024-10-22 10:00
The tech giant's quick, cost-efficient AI models can be fine-tuned with enterprise data to produce impressive results. International Business Machines (IBM -0.19%) has been working on artificial intelligence (AI) technology for decades, but the company is only now finding its footing and turning AI into a viable business. IBM's main focus is enabling large enterprises to leverage generative AI to boost productivity and unlock efficiencies. That's a powerful pitch, given that large investments in AI often ha ...
Will Higher Software Revenues Benefit IBM's Earnings in Q3?
ZACKS· 2024-10-21 13:45
International Business Machines Corporation (IBM) is scheduled to report third-quarter 2024 earnings on Oct. 23. In the to-be-reported quarter, the company is likely to have recorded higher revenues from the Software segment with a strong focus on product innovation and growing clout of watsonx.ai across various sectors.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Factors at PlayThe Software segment includes Hybrid Platform & Solutions comprising software services, Red Hat, automat ...
Will Solid Consulting Revenues Boost IBM's Q3 Earnings?
ZACKS· 2024-10-21 13:25
International Business Machines Corporation (IBM) is scheduled to report third-quarter 2024 earnings on Oct. 23. In the to-be-reported quarter, the company is likely to have recorded higher revenues from the Consulting segment backed by rising demand for technology consulting and business transformation services.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Factors at PlayThe Consulting segment comprises Business Transformation, Technology Consulting and Application Operations. It p ...
IBM Earnings Preview: Big Technical Breakout; Company Hasn't Repo'ed Any Stock Since March '19
Seeking Alpha· 2024-10-21 04:55
jozzeppe/iStock Editorial via Getty Images IBM (NYSE:IBM) is scheduled to report their Q3 ’24 financial results after the closing bell on Wednesday, October 23rd, 2024. September ’24 saw the stock see a strong breakout above the April ’13 highs of $213-215, as evidenced ...
IBM Introduces Granite 3.0: High Performing AI Models Built for Business
Prnewswire· 2024-10-21 04:01
New Granite 3.0 8B & 2B models, released under the permissive Apache 2.0 license, show strong performance across many academic and enterprise benchmarks, able to outperform or match similar-sized modelsNew Granite Guardian 3.0 models deliver IBM's most comprehensive guardrail capabilities to advance safe and trustworthy AINew Granite 3.0 Mixture-of-Experts models enable extremely efficient inference and low latency, suitable for CPU-based deployments and edge computingNew Granite Time Series model achieved ...
2 Game-Changing Artificial Intelligence (AI) Stocks to Buy Right Now (Hint: Not Nvidia)
The Motley Fool· 2024-10-20 15:43
Core Insights - The article discusses the ongoing AI innovation wave, highlighting the significant impact of OpenAI's ChatGPT release in November 2022, which accelerated AI adoption and awareness [1] - It identifies Nvidia as a leading player in the generative AI boom, with its stock price increasing over 1,000% in two years, driven by a 237% revenue increase and a ninefold boost in free cash flows [2] - The article suggests that while Nvidia is a strong performer, its stock may be overvalued, prompting a search for alternative AI investment opportunities [2] Company Analysis - **Nvidia**: - Stock has risen 1,050% over two years - Price-to-Sales Ratio (P/S) is 58.4 - Price-to-Free Cash Flow Ratio (P/FCF) is 72.4 [3] - **IBM**: - Stock has increased 92% over two years - P/S ratio is 3.4 - P/FCF ratio is 16.9 - IBM has been an AI innovator since the 1970s, focusing on enterprise-class AI solutions rather than consumer applications [4][5] - The Watsonx generative AI platform has generated over $2 billion in orders [5] - **UiPath**: - Stock has only increased 5% over two years - P/S ratio is 5.1 - P/FCF ratio is 21.6 - UiPath specializes in robotic process automation (RPA) and has integrated AI capabilities to enhance its software [6][7] - The company has seen a 32% increase in trailing sales over the last two years, with free cash flows improving from a $134 million loss to $327 million in profits [7]
Think IBM Stock Is Expensive? This Chart Might Change Your Mind.
The Motley Fool· 2024-10-19 20:30
This cloud-computing leader may have more room to run.Shares of International Business Machines (IBM -0.29%) are trading at a record high amid a spectacular 68% rally over the past year. Some investors, seeing that performance, may assume the stock is now too expensive or overvalued.That thinking risks overlooking an ongoing transformation for this storied technology giant as it shifts its business away from legacy infrastructure hardware toward a software and hybrid cloud focus. This year, IBM is benefitin ...
Unlocking Q3 Potential of IBM (IBM): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-10-18 14:20
Wall Street analysts expect IBM (IBM) to post quarterly earnings of $2.26 per share in its upcoming report, which indicates a year-over-year increase of 2.7%. Revenues are expected to be $15.15 billion, up 2.7% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company' ...
IBM Stock Before Q3 Earnings Release: To Buy or Not to Buy?
ZACKS· 2024-10-18 13:20
International Business Machines Corporation (IBM) is scheduled to report third-quarter 2024 earnings on Oct. 23. The Zacks Consensus Estimate for sales and earnings is pegged at $15.15 billion and $2.25 per share, respectively. Earnings estimates for IBM have improved from $10.10 per share to $10.11 for 2024 and from $10.51 per share to $10.59 for 2025 over the past 30 days.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.IBM Estimate TrendImage Source: Zacks Investment ResearchEarning ...