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International Business Machines Corp - IBM STOCK NEWS

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

Rhea-AI Summary
70% of banking executives see embedded finance as core or complementary to their strategy, but only 20% offer solutions. Security is a top priority for both executives and consumers. Gaps in technology infrastructure and lack of API standards hinder progress in embedded finance platforms.
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IBM announces updates and new features to ESPN Fantasy Football app, powered by AI technology built on IBM's watsonx.
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IBM announced its role as an Associate Pathway Partner of the 2023 United Nations Climate Change Conference (COP28), showcasing how technology and consulting can enable progress toward sustainability goals. IBM can offer tools to help organizations reduce costs, waste, and emissions, advance clean energy transitions, improve productivity, and develop sustainable supply chains. IBM's involvement builds on its long history of action and advocacy around the environment. The location of the conference also highlights IBM's presence in the Middle East region, where its sustainability offerings are helping businesses and governments improve efficiency and advance their sustainability goals.
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Co-Founder and CEO Kiwi Camara steps down from DISCO. Scott Hill named interim CEO.
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IBM announces new generative AI models and enhancements for watsonx AI and data platform to help enterprises scale and accelerate the impact of AI. The enhancements include watsonx.governance technical preview, new generative AI data services, and integration of watsonx.ai foundation models. Developers can access these capabilities at the IBM TechXchange Conference in Las Vegas.
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IBM notifies Janssen CarePath customers of unauthorized access to personal information in their database. Investigation unable to determine extent of access. No SSN or financial account info affected. Steps taken to disable the method and enhance security controls. Complimentary credit monitoring offered. IBM committed to information security.
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IBM announces the expansion of the IBM Cloud Security and Compliance Center, offering cloud security and compliance solutions to help enterprises protect data and mitigate risk. The solution suite supports resiliency, performance, security, and compliance needs while minimizing operational costs.
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IBM and Salesforce collaborate to accelerate adoption of AI for CRM, revolutionize customer experiences, and safeguard data.
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IBM's federal HR shared service solution, IBM Federal HR Cloud, has received FedRAMP authorization. The cloud platform offers a complete suite of HR capabilities and is available to federal agencies as the HR Line of Business offering. The authorization enhances the ability of federal HR departments to securely leverage the latest technologies and services.
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IBM launches ad campaign to introduce watsonx, an enterprise-focused AI platform. Watsonx offers unified platform for traditional machine learning and generative AI. Client data used for training is not retained by IBM. Watsonx enables automation and acceleration of various business processes. Campaign aims to highlight transformative power of AI for business.
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FAQ

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

The current stock price of International Business Machines (IBM) is $261.48 as of February 21, 2025.

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

The market cap of International Business Machines (IBM) is approximately 244.8B.

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.

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 Corp

NYSE:IBM

IBM Rankings

IBM Stock Data

244.79B
920.13M
0.12%
63.14%
2.27%
Information Technology Services
Computer & Office Equipment
Link
United States
ARMONK