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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.

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IBM (IBM) hosts Lydia Logan, VP of Global Education & Workforce Development, on The EdUp Experience Podcast to discuss higher education and workforce development.
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IBM (International Business Machines Corporation) announces the launch of its AI Fundamentals program, designed to enhance skills and knowledge in the field of artificial intelligence. The program is integrated into the SkillsBuild learning portal, offering a comprehensive credential for individuals seeking to advance their expertise in AI.
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IBM (NYSE: IBM) has entered into a definitive agreement with Software AG (FRA: SOW) to acquire StreamSets and webMethods, Software AG's Super iPaaS enterprise technology platforms, for €2.13 billion in cash. This acquisition demonstrates IBM's continued focus on strategic M&A to create value and bolster AI and hybrid cloud offerings. StreamSets and webMethods are technology leaders in application integration, API management, and data integration, serving more than 1,500 clients globally. The acquisition is expected to be completed in the second quarter of 2024.
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IBM (NYSE: IBM) collaborates with Keio University, The University of Tokyo, Yonsei University, Seoul National University, and The University of Chicago to prepare the future quantum workforce, aiming to train up to 40,000 students over the next 10 years.
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Dun & Bradstreet (DNB) and IBM (IBM) announce a strategic collaboration to bring together Dun & Bradstreet’s Data Cloud and IBM’s watsonx to help organizations expand their use of generative AI. The collaboration aims to develop offerings for clients to drive generative AI adoption, leveraging watsonx and Dun & Bradstreet’s Data Cloud. One of the new solutions, Ask Procurement, is designed to empower procurement professionals to unlock new data and insights with a 360-degree view into all aspects of a company’s business relationships. The solution is expected to be integrated with Dun & Bradstreet solutions or an enterprise’s existing ERP or procurement solution and is slated for delivery in the first half of next year.
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IBM (NYSE: IBM) has signed a contract with the NATO Communications and Information Agency to enhance NATO's cybersecurity with improved security visibility and asset management. IBM Consulting Cybersecurity Services will deliver a custom ACPV Management Service starting in January 2024, selected through NATO's new procurement process.
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IBM (NYSE: IBM) has elected Marianne C. Brown, former COO of Fidelity National Information Services, Inc.'s Global Financial Solutions business, to its board of directors. Brown brings extensive experience in leading financial services companies through digital transformations, technology services, cybersecurity, and data-intensive enterprises. She is also a member of the board of directors of Akamai Technologies, Inc., The Charles Schwab Corporation, and Northrop Grumman Corporation. IBM's chairman and CEO, Arvind Krishna, expressed excitement about Brown's addition to the board, highlighting her valuable perspectives and experiences.
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IBM (IBM) announces its goal of achieving net zero across all its operations by 2030, emphasizing its long track record of environmental sustainability and public reporting. The company has launched the IBM Sustainability Accelerator, a pro bono social impact program focused on helping vulnerable communities address environmental challenges, and providing access to the Environmental Intelligence Suite, cloud platform, and expert employees to launch solutions related to sustainable agriculture, clean energy access, or water management, among others.
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IBM (NYSE: IBM) and Palo Alto Networks (NASDAQ: PANW) have expanded their strategic partnership to strengthen end-to-end security postures and navigate evolving security threats. The collaboration aims to enhance enterprise security, accelerate cloud transformation, and provide advanced AI security operations. IBM Consulting will be a premier security services partner for Palo Alto Networks, and Palo Alto Networks will be in a select group of strategic IBM Consulting partners.
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IBM (NYSE: IBM) debuts 'IBM Quantum Heron' as the most performant quantum processor in the world, with up to five-fold improvement in error reduction over 'IBM Quantum Eagle.' IBM Quantum System Two begins operation with three IBM Heron processors, extending the IBM Quantum Development Roadmap to 2033. Qiskit 1.0 announced as the world's most widely used open-source quantum programming software, with new features to help computational scientists execute quantum circuits with ease and speed.
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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.

International Business Machines Corporation

NYSE:IBM

IBM Rankings

IBM Stock Data

189.93B
918.60M
0.12%
61.77%
2.56%
Information Technology Services
Computer & Office Equipment
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United States of America
ARMONK