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International Business Machines Corporation - IBM STOCK NEWS

Welcome to our dedicated page for International Business Machines Corporation news (Ticker: IBM), a resource for investors and traders seeking the latest updates and insights on International Business Machines Corporation stock.

International Business Machines Corporation (IBM), known as Big Blue, is an American multinational technology leader headquartered in Armonk, New York, and operates across over 175 countries. IBM is a cornerstone in the realm of enterprise IT, offering an extensive range of products and services including software, IT services, consulting, and hardware solutions. Employing around 350,000 people and collaborating with 80,000 business partners, IBM serves approximately 5,200 clients worldwide, encompassing 95% of the Fortune 500 companies.

IBM's influence extends far beyond its B2B operations. The company oversees 90% of credit card transactions globally and is responsible for half of the world's wireless connections. This significant footprint underscores IBM's pivotal role in global business and technology.

Recent developments highlight IBM's ongoing innovation and leadership. For example, the company announced its first-quarter 2024 earnings results, showcasing strong revenue and free cash flow growth, driven by its hybrid cloud and AI strategy. The acquisition of HashiCorp is expected to bolster IBM's capabilities in managing application and infrastructure complexity, creating a robust hybrid cloud platform for the AI era.

IBM is also making notable strides in sustainability. The IBM 2023 Impact Report outlines the company's commitment to environmental and societal goals, leveraging technology like AI to address these challenges. IBM aims to achieve operational net zero GHG emissions by 2030, utilizing AI-powered tools to optimize energy consumption across its facilities.

The company is expanding its software portfolio's global availability on AWS Marketplace, making it easier for clients in 92 countries to procure and deploy IBM solutions. This expansion is part of IBM's strategy to enhance digital transformation for its clients.

IBM's dedication to innovation and sustainability is further evidenced by its partnerships with the Canadian and Quebec governments to advance semiconductor research and development, significantly boosting the region's tech sector.

Overall, IBM remains a formidable force in the tech industry, consistently pushing the envelope in AI, hybrid cloud, and sustainable practices, ensuring its clients and partners can navigate and thrive in the ever-evolving technological landscape.

News

New IBM Study Data Reveals 74% of Energy & Utility Companies Surveyed Embracing AI

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IBM reveals that 74% of Energy & Utility companies are exploring AI, with 63% of Energy CEOs expecting value from generative AI and automation in the next three years.
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Empowering Futures With IBM SkillsBuild

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IBM offers a free online platform, IBM SkillsBuild, for individuals to enhance their tech skills. Lifestyle Expert Jennifer Bonner discusses the program's benefits and how to enroll. The platform aims to prepare individuals for the future workforce by providing valuable tech education. Interested individuals can sign up at SkillsBuild.org.
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IBM Collaborates With the Commissionerate of Technical Education for Skilling in AI in Gujarat

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IBM collaborates with Gujarat's CTE to enhance technical education using IBM SkillsBuild for emerging technologies like AI and cybersecurity.
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IBM Report: Identity Comes Under Attack, Straining Enterprises' Recovery Time from Breaches

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IBM's 2024 X-Force Threat Intelligence Index reveals a global identity crisis as cybercriminals exploit user identities, with a 71% spike in cyberattacks. Attacks on critical infrastructure show a need for basic security measures, ransomware groups pivot to infostealers, and generative AI faces potential at-scale attacks. Europe is a prime target for cyberattacks, and phishing attacks decrease but remain a threat.
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ISC2 Collaborates with IBM to Launch Entry-Level Cybersecurity Certificate

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ISC2 partners with IBM to launch a new cybersecurity training program on Coursera, providing hands-on experience and in-demand skills for aspiring professionals. The program covers essential cybersecurity domains and aims to bridge the gap in the global cyber workforce. Participants can earn a professional certificate and access resources to kickstart their careers.
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Experts: Show What You Know in a Skills-First Job Market

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IBM VP of Global Education and Workforce Development, Lydia Logan, participated in a Whiteboard Advisors webinar to discuss the future of education and workforce development. The webinar covered topics such as the impact of technology on education, the role of AI in workforce development, and IBM's initiatives in the education sector. Lydia Logan highlighted IBM's commitment to preparing the workforce for the digital age and the company's efforts to bridge the skills gap through various programs and partnerships.
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National Apprenticeship Week 2024: Skills For Life

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The press release discusses the importance of continuous skills development and the impact of National Apprenticeship Week on closing the global skills gap. It highlights IBM's commitment to skills enhancement and its influence on recruitment and sustained learning culture. The article emphasizes the shift towards valuing skills over traditional degrees and the necessity of continuous learning in today's economy.
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New IBM LinuxONE 4 Express to Offer Cost Savings and Client Value through a Cyber Resilient Hybrid Cloud and AI Platform

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IBM (NYSE: IBM) announces the launch of IBM® LinuxONE 4 Express, a pre-configured rack mount system designed to offer cost savings and to remove client guesswork when spinning up workloads quickly. The system is engineered to deliver cybersecurity, resiliency, scalability, and AI inferencing for hybrid cloud environments. It is expected to save over 52% on the total cost of ownership over 5 years compared to x86 systems. The system is designed to address new and traditional use cases such as digital assets, medical imaging with AI, and workload consolidation. It offers high scalability, availability, and security for a range of data center environments and use cases.
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IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND

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IBM's board of directors declared a regular quarterly cash dividend of $1.66 per common share, payable on March 9, 2024, to stockholders of record on February 9, 2024. This marks the company's consecutive quarterly dividend payments every year since 1916.
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GSMA and IBM Collaborate to Accelerate AI Adoption and Skills for the Telecoms Sector with Launch of Generative AI Training Program and Industry Challenge

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The GSMA and IBM have 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 aims to prepare telco leaders for the AI-era and bridge skills gaps in the telecom industry, with sessions taking place at IBM offices in five locations around the world in 2024. The GSMA Foundry Generative AI program will provide GSMA members with access to IBM's watsonx to explore innovative industry-specific use cases of Generative AI. Through this initiative, the GSMA and IBM aim to allow operators, including those supporting the world's least connected communities, to benefit from AI technology and develop new innovative and inclusive solutions to help connect those in society who are not yet online.
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FAQ

What is the current stock price of International Business Machines Corporation (IBM)?

The current stock price of International Business Machines Corporation (IBM) is $204.99 as of November 15, 2024.

What is the market cap of International Business Machines Corporation (IBM)?

The market cap of International Business Machines Corporation (IBM) is approximately 189.9B.

What is IBM known for?

IBM is known for its wide range of technology services, including software, IT services, consulting, and hardware. It plays a major role in managing global credit card transactions and wireless connections.

Where is IBM headquartered?

IBM is headquartered in Armonk, New York, United States.

What are some recent achievements of IBM?

Recent achievements include strong financial results in Q1 2024, the acquisition of HashiCorp to enhance its hybrid cloud platform, and significant progress in sustainability initiatives as outlined in the IBM 2023 Impact Report.

What is the scope of IBM's global operations?

IBM operates in over 175 countries, employs approximately 350,000 people, and collaborates with 80,000 business partners to serve around 5,200 clients, including 95% of Fortune 500 companies.

What sustainability goals has IBM set?

IBM aims to achieve operational net zero GHG emissions by 2030, leveraging AI-powered tools to optimize energy consumption and drive environmental sustainability.

How is IBM contributing to semiconductor advancements?

IBM is investing in semiconductor research and development in collaboration with the Canadian and Quebec governments, enhancing the region's semiconductor industry and capabilities.

How is IBM expanding its software availability?

IBM is expanding its software portfolio's availability to 92 countries on AWS Marketplace, streamlining procurement and deployment for clients globally.

What role does AI play in IBM's strategy?

AI is central to IBM's strategy, with significant investments in AI tools and solutions, such as the watsonx AI platform, to drive innovation and digital transformation for clients.

What is IBM's contribution to global financial transactions?

IBM manages 90% of all credit card transactions globally, playing a crucial role in the financial sector's infrastructure.

What recent strategic acquisition has IBM announced?

IBM has announced its intent to acquire HashiCorp, Inc., aiming to create a comprehensive end-to-end hybrid cloud platform for the AI era.

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International Business Machines Corporation

NYSE:IBM

IBM Rankings

#58 Ranked by Market Cap
#951 Ranked by Dividends

IBM Stock Data

189.93B
918.60M
0.12%
61.77%
2.56%
Information Technology Services
Computer & Office Equipment
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