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.

11/09/2023 10:45 AM

News

What Tech Type are You? IBM SkillsBuild Helps Learners Find their Path

Rhea-AI Summary

IBM (International Business Machines Corporation) introduces a personalized tech skills assessment quiz to help individuals identify their unique fit for tech skills based on strengths and interests, with a focus on artificial intelligence (AI) and career enhancement. The quiz, taking less than 5 minutes, offers learning recommendations for IBM SkillsBuild, potentially opening new tech career opportunities.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.95%

Tags

11/08/2023 02:30 AM

News

New IBM Study Explores the Changing Role of Leadership as Businesses in Europe Embrace Generative AI

Rhea-AI Summary

IBM (NYSE: IBM) launches new European study of 1600+ senior leaders and C-level executives to explore leadership in the age of AI. 82% have deployed or intend to deploy generative AI in the next year. 96% prioritize governance and ethics. Data security and privacy are key challenges. Ana Paula Assis, Chair and General Manager EMEA, IBM, emphasizes the need for trusted leadership and effective, responsible AI governance.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.54%

Tags

11/07/2023 09:00 AM

News

IBM Launches $500 Million Enterprise AI Venture Fund

Rhea-AI Summary

IBM launches a $500 million venture fund to invest in AI startups, aiming to accelerate generative AI technology and research for the enterprise. The fund will provide startups with opportunities to develop partnerships with IBM and gain expertise in product development and go-to-market strategies.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.09%

Tags

11/07/2023 06:00 AM

News

IBM Unveils Cloud-Native SIEM Built to Maximize Security Teams' Time and Talent

Rhea-AI Summary

IBM announces a major evolution of its QRadar SIEM product, redesigned on a new cloud-native architecture, with plans to deliver generative AI capabilities within its threat detection and response portfolio. The new cloud-native QRadar SIEM is designed to empower security analysts to work more effectively alongside AI, reducing manual tasks and improving response to high priority security incidents. It will be generally available as SaaS in Q4 2023 and for on-premises and multi-cloud deployment in 2024.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.09%

Tags

11/06/2023 08:35 AM

News

Riyadh Air and IBM Sign Collaboration Agreement to Establish Technology Foundation of the Digitally Led Airline

Rhea-AI Summary

Riyadh Air has signed a strategic agreement with IBM Consulting to create and build technology and business capabilities for the airline's first flight. IBM Consulting will be the lead systems integrator, implementing over 50 airline industry solutions and core technology capabilities. The collaboration aims to position Riyadh Air as a leader in digital innovations and exceptional travel experiences.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.72%

Tags

11/06/2023 01:00 AM

News

NatWest and IBM Collaborate on Generative AI Initiative to Enhance Customer Experience

Rhea-AI Summary

NatWest and IBM have announced enhancements to the bank's virtual assistant, Cora, using generative AI to provide customers with access to a wider range of information. This collaboration aims to deliver a safe, intuitive, and accessible experience in digital services. By leveraging IBM's enterprise AI platform, watsonx, a digital concierge called Cora+ is being co-created to offer personalized and conversational responses to complex customer queries.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.72%

Tags

11/01/2023 12:20 PM

News

Students Benefit From IBM SkillsBuild on the Company’s Journey To Train 2 Million Learners in AI

Rhea-AI Summary

IBM SkillsBuild is a free education program that offers over 1,000 courses in 20 languages on various technical disciplines and workplace skills. Participants can earn IBM-branded digital credentials and gain access to career opportunities.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.53%

Tags

10/31/2023 01:23 PM

News

IBM Unleashes the Potential of Data and AI with its Next-Generation IBM Storage Scale System 6000

Rhea-AI Summary

IBM introduces the new IBM Storage Scale System 6000, a cloud-scale global data platform designed for data intensive and AI workloads. It provides up to 7M IOPs and up to 256GB/s throughput for read only workloads per system. The system is optimized for storing semi-structured and unstructured data, and offers greater data efficiencies and economies of scale with the addition of IBM FlashCore Modules. It also accelerates the adoption and operationalization of AI workloads with IBM watsonx and provides faster access to data compared to market leading competitors.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.41%

Tags

10/30/2023 05:08 PM

News

IBM BOARD APPROVES REGULAR QUARTERLY CASH DIVIDEND

Rhea-AI Summary

IBM (NYSE: IBM) has declared a regular quarterly cash dividend of $1.66 per common share. The dividend will be payable on December 9, 2023, to stockholders of record on November 10, 2023. IBM has been paying consecutive quarterly dividends since 1916.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.41%

Tags

10/26/2023 12:01 AM

News

IBM Launches watsonx Code Assistant, Delivers Generative AI-powered Code Generation Capabilities Built for Enterprise Application Modernization

Rhea-AI Summary

IBM has launched watsonx Code Assistant, an AI-powered assistant that helps developers and IT operators code more quickly and accurately. It currently delivers on two specific enterprise use cases: IT Automation with watsonx Code Assistant for Red Hat Ansible Lightspeed, and mainframe application modernization with watsonx Code Assistant for Z. The product leverages generative AI based on IBM's Granite foundation models for code running on IBM's watsonx platform. IBM is exploring opportunities to enhance the product with additional domain-specific generative AI capabilities.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

4.87%

Tags

FAQ

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

The current stock price of International Business Machines Corporation (IBM) is $228.63 as of January 29, 2025.

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

The market cap of International Business Machines Corporation (IBM) is approximately 209.8B.

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.