Watsonx AI IBM generative AI platform displayed on a smartphone. On 10 August 2023 in Brussels, ... [+] Belgium. (Photo illustration by Jonathan Raa/NurPhoto via Getty Images)NurPhoto via Getty ImagesComputing behemoth IBM IBM has gained close to 4% year-to-date in 2024, underperforming the broader Nasdaq-100 which gained about 14% over the same period. In contrast, IBM’s peer Oracle stock has gained 19% year-to-date. IBM posted mixed Q1 2024 results last month, with revenue growing just 1.5% year-over-year ...

LAS VEGAS, May 29, 2024 /PRNewswire/ -- ID Dataweb, the leader in cross-channel identity verification, today announced an expanded relationship with IBM (NYSE: IBM) to integrate ID Dataweb's identity verification workflows within IBM Security® Verify. By combining the two industry-leading solutions, organizations will be able to confirm the identity of a user within existing workflows as their credentials are being seamlessly issued and used."IBM Security Verify offers its users easy access to needed system ...

JHVEPhoto FactSet put out an interesting read last week on the state of corporate earnings and how AI has infiltrated the zeitgeist among executives, particularly for firms in the Information Technology sector. According to the report, a handful of S&P 500 firms mentioned "AI" at least 50 times in respective Q1 earnings calls. Coming in fifth position is International Business Machines Corporation (NYSE:IBM). AI is indeed a potential growth driver - and that's seen in a few different partnerships detailed l ...

These two dividend stocks are solid buys in a frothy market.Dividend stocks can be boring, especially when AI-fueled stock gains are proliferating. Still, for long-term investors, buying sustainable dividend stocks with solid growth potential is a timeless strategy.Two dividend stocks worth buying right now are telecom giant AT&T (T 0.17%) and tech heavyweight International Business Machines (IBM 0.13%).Wireless and fiber growthWhile rival Verizon has been shedding wireless subscribers, AT&T has been consis ...

It has been about a month since the last earnings report for IBM (IBM) . Shares have added about 1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is IBM due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. IBM's Q1 Earnings Beat, Revenues Miss Despite Solid DemandIBM ...

The latest trading session saw IBM (IBM) ending at $170.67, denoting a -1.74% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.74%. Elsewhere, the Dow lost 1.53%, while the tech-heavy Nasdaq lost 0.39%.Heading into today, shares of the technology and consulting company had lost 5.65% over the past month, lagging the Computer and Technology sector's gain of 10.43% and the S&P 500's gain of 6.06% in that time.The upcoming earnings release of IBM will be of g ...

The company is striking new partnerships to extend its AI reach.International Business Machines (IBM 2.09%) has found its footing in the AI market by focusing on enterprise customers with complex requirements. The company's watsonx platform caters to companies and organizations that need to train, tune, and deploy AI applications while minding regulatory, legal, and other concerns.This strategy is going well for IBM so far. The company has a book of business related to watsonx and generative AI that tops $1 ...

Key TakeawaysInternational Business Machines on Tuesday unveiled several artificial intelligence announcements, including expanding partnerships and updates on watsonx, its AI and data platform.IBM said it partnering with companies like Microsoft, Amazon, Meta, Adobe, Mistral, and Salesforce, which could strengthen its ties to AI leaders.The company, alongside the Saudi Data and Artificial Intelligence Authority (SDAIA), officially launched the ‘ALLaM’ Arabic model through an ongoing partnership with Saudi ...

IBM watsonx platform and IBM Granite series models will bring even more large language models to power generative AI use cases, pre-built actions, and prompts across the Salesforce Einstein 1 PlatformIBM joins the Salesforce Zero Copy Partner Network to enable zero copy data integration between IBM watsonx and Salesforce Data Cloud, giving customers a secure and cost-effective way to connect all of their data and take action on it  Salesforce joins the AI Alliance, bolstering its commitment to responsible A ...

ARMONK, N.Y., May 21, 2024 /PRNewswire/ -- During the annual IBM Think conference, IBM (NYSE: IBM) announced it is working with Amazon Web Services (AWS) to make the full portfolio of IBM offerings within the watsonx artificial intelligence (AI) and data platform available for use with AWS services. Today's news will make it easier to scale AI in the enterprise using an open, hybrid approach supported by end-to-end governance.The companies plan to integrate IBM watsonx.governance and Amazon SageMaker -- a s ...