Infosys (INFY.US) raises revenue forecast for the first time in two years, hoping to use AI to overcome sluggish industry demand.
Infosys (INFY.US) has raised its annual revenue forecast for the first time since early 2023.
Earnings Preview: IBM Corp to Report Financial Results Post-market on July 24
$IBM Corp(IBM.US)$ is scheduled to release its financial results post-market on July 24. Earnings PreviewAnalysts estimate $IBM Corp(IBM.US)$ to post revenue of USD15.62 billion for 2024Q2, up 0.92%
International Business Machines' Positive Software Momentum to Balance Consulting Revenue Downside in Q2, Morgan Stanley Says
International Business Machines (IBM) is expected to see a "tougher setup" in Q2 earnings due to a downside risk to consulting revenue but a potential upside in software results is likely to offset this challenge, Morgan Stanley said in an earnings preview on Thursday.
IBM to Boost Cybersecurity Measures in Europe and Eurasia
In today’s interconnected world, rapid technological advancements provide significant societal benefits, but they also introduce heightened security risks.
Dizzion Recognized as a Major Player in IDC MarketScape: Worldwide Desktop as a Service 2024 Vendor Assessment
DENVER, July 18, 2024 /PRNewswire/ -- Dizzion, a leader in Desktop as a Service (DaaS), proudly announces it has been named a Major Player in the IDC MarketScape: Worldwide Desktop as a Service 2024
Top 3 Tech Stocks You May Want To Dump This Quarter
As of July 18, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a
Should You Bet on IBM Stock Ahead of Q2 Earnings Release?
The Zacks Consensus Estimate for revenues from the Consulting segment is pegged at $5.33 billion, while our model projects revenues of $5.37 billion.
TechInsights: The size of the chiplet computing sub-segment market is expected to reach $144.9 billion by 2030.
It is predicted that the revenue from the chiplet market will increase from 43.5 billion US dollars in 2024 to 144.9 billion US dollars in 2030, with a high compound annual growth rate of 31%.
IBM Intends to Partner With Fermilab's SQMS Center to Advance Critical Quantum Information Science Initiatives
The addition of IBM (NYSE: IBM) as a new partner in the Superconducting Quantum Materials and Systems Center, a DOE National Quantum Information Science Research Center, hosted by Fermilab, has been
The next trend for generative AI could be the TTT model.
The 'brain' of the Transformers architecture that supports models such as Sora is a lookup table and so-called hidden states. Unlike Transformers, TTT does not continuously grow as it processes more data. It replaces hidden states with machine learning models, like nested dolls of AI, which is within a model.
Looking At IBM's Recent Unusual Options Activity
Whales with a lot of money to spend have taken a noticeably bearish stance on IBM.Looking at options history for IBM (NYSE:IBM) we detected 22 trades.If we consider the specifics of each trade, it
As AI giants such as nvidia plummet, the "AI laggards" have become the new darlings of Wall Street.
AI leaders such as Nvidia seem to be losing their shine, and "AI laggards" are favored by investors. Melius said that "AI laggards" like AMD, Intel and IBM may see a surge in trade.
What's Going On With IBM Shares On Wednesday?
International Business Machines Corporation (NYSE:IBM) disclosed securing a five-year contract with $26 million in initial funding from the U.S. Agency for International Development (USAID).The
The magnificent 7 tech giants pale in comparison, and AI laggards are favored by investors.
Wall Street is shifting its focus from obvious large-cap stocks and looking for the driving force behind the next wave of AI themes. Some investors are betting that the Magnificent 7 in technology have lost momentum after 18 consecutive months of gains and are therefore turning their attention to so-called “AI laggards” identified by Melius Research. This group, which includes Intel, AMD, and IBM, is related to the AI theme but has failed to keep up with the large gains of the AI winners in the first half of the year. The three companies mentioned above have all outperformed the market in the past month, while AI darling Nvidia has seen a slight decline during this period. It is crucial that
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free
Express News | International Business Machines Corp - Wins $26M Usaid Cybersecurity Contract
Express News | IBM Wins Contract to Strengthen Usaid Cybersecurity Response in Europe and Eurasia
IBM Wins Contract to Strengthen USAID Cybersecurity Response in Europe and Eurasia
WASHINGTON, July 17, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it has secured a five-year contract with $26 million in initial funding from the U.S. Agency for International
IBM Reports Earnings in a Week. One Analyst Says Buy Stock Now. -- Barrons.com
Angela Palumbo International Business Machines stock was rising Tuesday after an analyst recommended investors buy the stock before earnings, citing multiple catalysts. Evercore ISI analyst Amit
UnitedHealth, IBM Share Gains Contribute To Dow's 262-Point Climb
This article was automatically generated by MarketWatch using technology from Automated Insights. The Dow Jones Industrial Average is climbing Tuesday morning with shares of UnitedHealth and IBM