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ARMONK, N.Y., Jan. 30, 2024 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.66 per common share, payable March 9, 2024 to stockholders of record February 9, 2024.   With the payment of the March 9, 2024 dividend, IBM has paid consecutive quarterly dividends every year since 1916. Contact:  Tim Davidson 914-844-7847[email protected].com SOURCE IBM ...

IBM (IBM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this technology and consulting company have returned +14.4%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Computer - Integrated Systems industry, which IBM falls in, has gained 10.2%. The key question now is: What could be the stock's future direction?While ...

AI training initiative is first in new GSMA Advance series aims to build skills, foster innovation and champion workforce diversity LONDON and NEW YORK, Jan. 30, 2024 /PRNewswire/ -- The GSMA and IBM (NYSE: IBM) today announced a new collaboration to support the adoption and skills of generative artificial intelligence (AI) in the telecom industry through the launch of GSMA Advance's AI Training program and the GSMA Foundry Generative AI program. The AI training program, the first in a new series of courses ...

International Business Machines Corp (IBM) has reportedly issued a sweeping ultimatum aimed at putting the practice of remote working to a definitive end in a memo sent out to its U.S. managers that says they must either start working from the office or leave their jobsIn a memo seen by Bloomberg, IBM told its U.S. managers that from August this year they must start working from the office, or client sites, at least three days a week – even if they are currently allowed to work from home.The memo says anyon ...

The long-term slump of International Business Machines (IBM -0.15%) stock may have finally ended. Following the release of its fourth-quarter and full-year 2023 earnings, the stock price surged 9% higher in the next trading session. With that move, the stock trades at its highest point since 2013, and is closing in on the all-time high from that year.A move into the cloud, as well as efforts to spin off underperforming businesses, have undoubtedly changed IBM's investment thesis. But the cloud stock is up b ...

Agreement includes KQC offering IBM software and new AI infrastructure capabilities as well as IBM's next-generation quantum computing architectureBUSAN, South Korea, Jan. 29, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Korea Quantum Computing (KQC) has engaged IBM to offer IBM's most advanced AI software and infrastructure, as well as quantum computing services. KQC's ecosystem of users will have access to IBM's full stack solution for AI, including watsonx, an AI and data platform to train, ...

ATLANTA, Jan. 29, 2024 /PRNewswire/ --  BACKGROUND:Weather is changing at a rapid pace and continues to have a significant impact on society; in the last few years alone, the U.S. has seen record hurricane intensity, winter storms and tornadoes occurring later or earlier than seasonal norms, and extreme heat waves, drought and flooding across the country. Making sure people can stay ahead of and be prepared for increasingly erratic weather conditions is critical. The Weather Company, which includes The Weat ...

IBM's (IBM -1.58%) stock price rallied 9% to an 11-year high on Jan. 25 after the tech giant posted its fourth-quarter earnings report. Its revenue rose 4% year over year to $17.4 billion, which exceeded analysts' estimates by $100 million. Its adjusted earnings grew 8% to $3.87 per share and also cleared the consensus forecast by $0.07 per share.That earnings beat suggests that IBM's turnaround efforts under CEO Arvind Krishna, who took the helm in April 2020, are finally bearing fruit. But can Big Blue ev ...

International Business Machines (IBM -1.58%), a company that has been largely written off by investors over the past decade, is having a moment. A yearslong transformation effort has rejiggered the company's portfolio, aligning it on two priorities: Hybrid cloud computing and artificial intelligence. In both areas, IBM's strength lies in its ability to offer full-scale solutions to its enterprise clients.AI is still a small business for IBM, but it's growing incredibly fast. The company's secret weapon is i ...