IBM (IBM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the ...

IBM's shares have surged 35.03% YTD, driven by a strategic pivot to hybrid cloud and AI, shedding its legacy businesses. Recent Fed rate cuts are bullish for IBM, potentially reducing its $57.76 ...

IBM’s customers prove to be even stickier than expected, still placing emphasis on the mission criticality of mainframes, databases, and choosing not to rock the boat even on ancillary ...

IBM is quietly laying off thousands of employees, mainly impacting senior-level programmers, sales and support staff. The recent cuts were carried out in secret with employees sharing they were ...

At least IBM believes so. Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe, with a Telum II processor ...

This post was written by Luke Carberry Mogan. Beyond analysts' top -and-bottom-line estimates for IBM (IBM), evaluate projections for some of its key metrics to gain a better insight into how the ...

IBM's plan to replace thousands of roles with AI presently looks more like outsourcing jobs to India, at the expense of organizational competency. Our sources have asked not to be identified to ...

Chancellor Olaf Scholz on Tuesday inaugurated US firm IBM's first quantum data center in Europe, saying Germany aims to be at the forefront of the revolutionary technology. The center—IBM's first ...

IBM and Oracle have won a competition to supply an ERP upgrade to a group of UK central government departments in a deal worth £711 million ($950 million). The UK government has signed the tech giants ...

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