Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...
Investing.com -- IBM (NYSE:IBM) shares hit a session low Monday afternoon, falling 10%, after Anthropic announced an AI tool designed to streamline COBOL code modernization. Accenture (NYSE:ACN) and ...
IBM (NYSE: IBM) exceeded earnings expectations and demonstrated that its AI strategy is effective. Q4 revenue reached $19.69 billion compared to the anticipated $19.21 billion—a 12.1% increase from ...
As expected, IBM reported solid Q4 earnings with 12% reported growth somewhat boosted by acquisitions, while constant currency sales only grew at a 9% clip. The initial assumption driving the stock ...
Throughout its 115-year life IBM has shown itself to be a master of reinvention. In the mid-1990s the mainframe pioneer rescued itself from collapse by shifting its focus to the booming business of IT ...
IBM on Wednesday topped Wall Street fourth-quarter estimates. The technology and consulting firm expects full-year revenue growth to exceed 5% and free cash flows to increase by $1 billion. IBM's ...
American tech giant IBM announced last month the acquisition of Confluent, a pioneering company in data streaming, for $11 billion. The buyout will allow IBM to strengthen its AI platform and cloud ...
IBM stock surged last year as the tech giant's strategy started to pay off. The AI business is booming, and IBM boosted its outlook as a result. The company laid out a detailed quantum computing ...
IBM is an AI pioneer, but it's been slow to find a viable business model. The tech giant is now betting on a mix of AI consulting and software to deliver AI solutions to enterprise clients. IBM's AI ...
IBM boosts AI portfolio with Confluent deal Offer price at 34% premium to Confluent's last close Deal to be funded with cash on hand, expected to close mid-2026 Acquisition will boost IBM's recurring ...
The move reflects a rapidly intensifying race among technology giants to strengthen the data foundations required for generative and agentic AI. Source: IBM IBM has AI on its mind with plans to ...
IBM Corp. today announced two new quantum processors at its annual Quantum Developer Conference that are aimed at delivering scalable quantum computation capabilities next year and fault-tolerant ...