In the latest trading session, IBM (IBM) closed at $205.32, marking a +0.88% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.45%. At the same time, the Dow lost 0.23%, and the tech-heavy Nasdaq gained 0.84%.Heading into today, shares of the technology and consulting company had gained 7.41% over the past month, outpacing the Computer and Technology sector's loss of 0.98% and the S&P 500's gain of 2.54% in that time.Market participants will be closely follow ...

International Business Machines Corporation (IBM) has inked a strategic agreement to acquire Accelalpha, a global expert at implementing, integrating and managing Oracle Cloud Applications. With this buyout, IBM aims to strengthen its Oracle consulting expertise across key areas, including supply chain and logistics, finance, enterprise performance management (EPM) and customer transformation.IBM to Leverage Accelalpha’s Global ExpertiseIBM has been partnering with Oracle for nearly four decades to help cli ...

-IBM Granite puts generative AI to work for fantasy football users, offering more detailed reasoning around players' assigned waiver grades and trade grades-New IBM and Morning Consult survey finds that fantasy football users are turning to AI to enhance digital performance and experience in fantasy leaguesARMONK, N.Y., Sept. 10, 2024 /PRNewswire/ -- IBM (NYSE: IBM) and ESPN are unveiling enhancements to the ESPN Fantasy app – powered by generative AI technologies from IBM's AI and data platform, watsonx – ...

International Business Machines Corporation (NYSE:IBM) Goldman Sachs Communacopia + Technology Conference September 9, 2024 8:30 PM ET Company Participants Conference Call Participants James Schneider Okay. Good morning, everybody. Welcome to the Goldman Sachs Communacopia and Technology Conference. I'm Jim Schneider, I'm the IT services here at Goldman. It's my pleasure to welcome IBM and CFO, Jim Kavanaugh with us today. Thanks Jim for being here. James Kavanaugh Thank you very much for having us. We're l ...

Accelalpha's supply chain, logistics, finance, EPM and CX-CPQ skills to accelerate clients' Oracle Cloud Application adoptionARMONK, N.Y., Sept. 9, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications. This acquisition expands IBM's Oracle consulting expertise in supply chain and logistics, finance, enterprise performan ...

Buoyed by strong demand for hybrid cloud and AI, International Business Machines Corporation (IBM) has surged 35.3% over the past year compared with the industry’s growth of 24.1%, outperforming peers like Amazon.com, Inc. (AMZN) and Microsoft Corporation (MSFT) .IBM is poised to benefit from healthy demand trends for hybrid cloud and AI, which are driving the Software and Consulting segments. The company’s growth is expected to be aided by analytics, cloud computing and security in the long haul. A combina ...

What does the future hold for IBM? Check out how the tech giant reinvented itself to lead the way into the generative AI era -- and beyond.The International Business Machines (IBM -0.91%) you see today is very different from the Big Blue of yesteryear. The company moved from an all-you-can-eat technology buffet to a software-and-services expert with a heavy dose of artificial intelligence (AI) -- just in time for the ongoing AI boom.And IBM will keep changing from here. Let's check out the plans this techno ...

Which of these tech giants is the better investment in this shifting market?Over the past decade, IBM's (IBM -0.91%) stock price rose 10% while Microsoft's (MSFT -1.64%) stock surged 810%. IBM underperformed Microsoft by such a wide margin because it missed the seismic shift toward public cloud services, struggled to grow its revenue, and prioritized cost-cutting strategies and buybacks over smart investments. Microsoft grew a lot faster by shrewdly expanding its cloud, mobile, and AI ecosystems.Microsoft m ...

"One Madison Avenue demonstrates a new chapter in the partnership between IBM and the city and state of New York. It joins a long tradition of IBM contributions to New York's thriving technology industry, including our deep partnerships with academic and research institutions across the state," said Krishna. "This move will allow us to bring our employees, clients and partners together to work on exciting technologies, from enterprise AI to hybrid cloud to quantum.""IBM's new flagship office in New York is ...

IBM (IBM) closed the most recent trading day at $204.11, moving +1.41% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.16%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.3%.The technology and consulting company's shares have seen an increase of 7.75% over the last month, surpassing the Computer and Technology sector's gain of 1.63% and the S&P 500's gain of 3.64%.Investors will be eagerly watching ...