BMO Capital lowered the firm’s price target on IBM (IBM) to $260 from $280 and keeps a Market Perform rating on the shares after its Q1 ...

On a per-share basis, the Armonk, New York-based company said it had net income of $1.12. Earnings, adjusted for one-time gains and costs, came to $1.60 per share. The results surpassed Wall Street ...

IBM launched the latest version of its dominant mainframe platform — the z17 — at its virtual IBM Z Day event this week. The z17, which features comprehensive AI integration, is designed to ...

IBM on Tuesday announced the newest version of its famous mainframe: the IBM z17. Powered by the latest IBM Telum II processor, IBM z17 culminates five years of research and development. It ...

The US is IBM’s biggest market, and it is making major workforce changes in 2024, laying off around 9,000 employees. The Register report states that this is part of IBM's restructuring strategy, and ...

International Business Machines Corporation IBM recently announced that it is collaborating with Masters tournament to launch a wide range of AI-native features to deliver an immersive digital ...

Despite the broader tech sector selloff, International Business Machines (IBM) stock now sits near its 52-week high. After peaking at $265 in 2025, it’s eased to ~$243, but it’s still up 30% ...

IBM is releasing the latest version of its mainframe hardware that includes new updates meant to accelerate AI adoption. The hardware and consulting company on Monday announced IBM z17, the latest ...

IBM acquires Hakkoda to boost data transformation services and support AI-driven operations. Deal strengthens IBM Consulting's ability to deliver high-performance, AI-ready data solutions for ...

IBM stopped tying executive compensation to aspirational workforce diversity goals last year and in recent months changed the focus of its supplier diversity program away from contractors’ race ...

IBM is focusing entirely on AI capabilities in its new generation of mainframes. The recently announced z17 system has been equipped with many AI features for the hardware, software and operating ...

IBM is reportedly laying off thousands of U.S. employees and moving them to India. A report by The Register has stated that it spoke to employees who were asked to train Indian employees on ...