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Will Lower Software Revenues Impact IBM's Q2 Earnings?
ZACKS· 2024-07-22 17:46
International Business Machines Corporation (IBM) is scheduled to report second-quarter 2024 results on Jul 24, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded lower revenues from the Software segment owing to weakness in the hybrid platform & solutions business. However, a strong focus on product innovation and the growing clout of watsonx.ai across various sectors is a tailwind.Factors at PlayThe Software segment includes Hybrid Platform & Solutions comprising ...
New IBM SkillsBuild Cybersecurity Certificate and Data Analytics Certificates to be Deployed in Community College Systems across Alabama, California Bay Area, Colorado and Louisiana
Prnewswire· 2024-07-22 12:00
Alabama Community College System, Bay Area Community College Consortium, Colorado Community College System, and Louisiana Community and Technical College System will offer students access through IBM SkillsBuild this fallCredentials have been piloted and designed with community college experts, and have ACE recommended college creditsWASHINGTON, July 22, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today unveiled two new IBM SkillsBuild certificates in cybersecurity and data analytics, which have been piloted and d ...
1 Top Artificial Intelligence (AI) Stock to Buy in July
The Motley Fool· 2024-07-20 11:47
This tech giant is already an AI powerhouse, quietly expanding its expertise while the stock trades at investor-friendly prices.In the ever-changing world of artificial intelligence (AI), International Business Machines (IBM -1.06%) is a solid front-runner. Big Blue combines a legacy of innovation with a forward-thinking approach to AI development and implementation -- and market makers haven't caught on to this massive AI investment opportunity yet.With a focus on responsible AI, a thriving consulting busi ...
IBM to Boost Cybersecurity Measures in Europe and Eurasia
ZACKS· 2024-07-18 16:46
International Business Machines Corporation (IBM) recently announced a five-year contract with the U.S. Agency for International Development (“USAID”), marking a crucial step in enhancing cybersecurity across the Europe and Eurasia (E&E) region. The contract, initially funded at $26 million, aims to fortify USAID's Cybersecurity Protection and Response program. The initiative is part of USAID's broader effort to promote inclusive growth and democratic societies through secure and robust digital ecosystems. ...
Should You Bet on IBM Stock Ahead of Q2 Earnings Release?
ZACKS· 2024-07-18 13:16
International Business Machines Corporation (IBM) is scheduled to report second-quarter 2024 earnings on Jul 24. The Zacks Consensus Estimate for sales and earnings is pegged at $15.58 billion and $2.16 per share, respectively. Earnings estimates for IBM have declined marginally from $9.90 per share to $9.89 for 2024 but are up from $10.32 per share to $10.33 for 2025 over the past 30 days.IBM Estimate TrendImage Source: Zacks Investment ResearchEarnings Surprise HistoryThe cloud and data platform delivered ...
IBM (IBM) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
ZACKS· 2024-07-17 15:09
Wall Street expects a year-over-year decline in earnings on higher revenues when IBM (IBM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 24, 2024, might help the stock move higher if these key numbers are better than expectations. On ...
IBM Wins Contract to Strengthen USAID Cybersecurity Response in Europe and Eurasia
Prnewswire· 2024-07-17 12:00
Five-year contract with $26 million in initial funding focuses on developing effective cybersecurity systems, procedures, and technology solutions WASHINGTON, July 17, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has secured a five-year contract with $26 million in initial funding from the U.S. Agency for International Development (USAID) to support its Cybersecurity Protection and Response (CPR) program aimed to expand and enhance the agency's cybersecurity response support for host governm ...
IBM, Jones Lang Unite to Boost ESG Reporting in the CRE Sector
ZACKS· 2024-07-16 17:25
International Business Machines Corporation (IBM) , in collaboration with Jones Lang LaSalle Inc. (JLL) , recently launched a new sustainability solution, aimed at bolstering Environmental, Social, and Governance (ESG) reporting within the commercial real estate (CRE) sector. This initiative is set to address the rising demand for transparent and accurate ESG data, which has become increasingly crucial for investors and stakeholders.Leveraging IBM’s cutting-edge Envizi technology in data analytics and manag ...
York University's Digital Technologies program, Canada's first fully work-integrated degree, completes first year with 100 per cent student contract renewals and new IBM partnership
GlobeNewswire News Room· 2024-07-16 14:00
Toronto, July 16, 2024 (GLOBE NEWSWIRE) -- York University’s Lassonde School of Engineering proudly announces the early success of its Digital Technologies BASc program, Canada’s first fully work-integrated degree, as detailed in the newly released, ‘Breaking Ground on Fully Work-Integrated Degree Programs: Early Findings Revealed Impact Summary 2024.’ Recognizing the program’s strong first-year performance and its potential to develop talent for high-value jobs, IBM Canada has joined as a new partner. T ...
IBM (IBM) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-07-15 22:50
IBM (IBM) closed the latest trading day at $182.88, indicating a +0.03% change from the previous session's end. This change lagged the S&P 500's 0.28% gain on the day. On the other hand, the Dow registered a gain of 0.53%, and the technology-centric Nasdaq increased by 0.4%.Shares of the technology and consulting company witnessed a gain of 8.05% over the previous month, beating the performance of the Computer and Technology sector with its gain of 4.22% and the S&P 500's gain of 3.78%.The investment commun ...