$6.4 billion acquisition adds suite of leading hybrid and multi-cloud lifecycle management products to help clients grappling with today's AI-driven application growth and complexity HashiCorp's capabilities to drive significant synergies across multiple strategic growth areas for IBM, including Red Hat, watsonx, data security, IT automation and Consulting As a part of IBM, HashiCorp is expected to accelerate innovation and enhance its go-to-market, growth and monetization initiatives Transaction expected ...

Investors are always looking for stocks that are poised to beat at earnings season and International Business Machines Corporation (IBM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because International Business Machinesis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to- ...

International Business Machines Corporation (IBM) is scheduled to report first-quarter 2024 results on Apr 24, after the closing bell. The company is expected to have registered higher revenues from the consulting segment, backed by rising demand for technology consulting services across various industries.Factors at PlayThe Consulting segment comprises Business Transformation, Technology Consulting and Application Operations. It provides consulting and application management services that offer value and i ...

International Business Machines Corporation (IBM) is scheduled to report first-quarter 2024 results on Apr 24, after the closing bell. In the to-be-reported quarter, the company is likely to have recorded higher revenues from the Software segment backed by growing demand for its advanced AI-driven solutions and product innovation.Factors at PlayThe Software segment includes Hybrid Platform & Solutions comprising software services, Red Hat, automation and data & artificial intelligence (AI) businesses and Tr ...

IBM (NYSE: IBM) stock price has pulled back sharply in the past few weeks as the recent bull run fades. It has retreated in the past four straight weeks and moved to its lowest point since February 20th. That means that the stock has plunged by over 8.75% from its highest level this year, meaning that it is nearing moving into a correction. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.IBM earnings previewCopy link to sectionIBM is bracing for a hig ...

In a market cycle where the spotlight shines on artificial intelligence and cryptocurrencies among other growth-centric concepts, targeting dividend stocks is inherently a conservative venture. Turns out, that might be the most prudent plan given the circumstances.Fundamentally, geopolitical concerns have unsettled Wall Street. Tensions in the Middle East have resulted in two nations attacking each other. Fears now focus on global oil supplies and potential disruptions. That’s not including what’s happening ...

BobHemphill Thesis There is a divergence of opinion on International Business Machines Corporation (NYSE:IBM) between Wall Street and Main Street. As seen in the chart below, Seeking Alpha analysts (which approximates Main Street's view in my mind) are more bullish on IBM stock than Wall Street analysts. Seeking Alpha analysts have an overall BUY rating (3.91) while Wall Street analysts' overall rating is a HOLD (3.25). In the remainder of this article, I will explain why I disagree with Wall Street and rat ...

Is IBM on its way to becoming a trillion-dollar giant by 2030? These are the odds.Technology powerhouse International Business Machines (IBM 0.06%) used to be an industry giant. Big Blue's market cap peaked at $239 billion in the summer of 1999, sparking speculation about perhaps forming the world's first trillion-dollar company.But the dot-com bubble popped, and IBM changed gears. The market cap reached $230 billion again in 2012, ending an era where other tech giants were copying IBM's one-stop IT shop bu ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider IBM (IBM) . This company, which is in the Zacks Computer - Integrated Systems industry, shows potential for another earnings beat.This technology and consulting company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3 ...

IBM (IBM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 24. On the oth ...