Why Kyndryl Stock Soared This Week

Kyndryl is betting big on AI to fuel its future growth. Will it pay off?Kyndryl (KD 3.37%) just signed off on a vigorous week. According to data from S&P Global Market Intelligence, the leading provider of IT infrastructure services saw share prices rise 32.1% from one Friday closing bell to the next, lifted by a promising fourth-quarter earnings report.Kyndryl's quarterly results by the numbersIn Q4 of fiscal year 2024, Kyndryl's sales fell 10% year over year to $3.85 billion. The bottom line landed at a n ...