Previous close | 132.90 |
Open | 133.00 |
Bid | 0.00 x 1100 |
Ask | 133.41 x 1000 |
Day's range | 131.05 - 133.80 |
52-week range | 114.56 - 146.12 |
Volume | |
Avg. volume | 5,019,070 |
Market cap | 119.748B |
Beta (5Y monthly) | 1.10 |
PE ratio (TTM) | 21.94 |
EPS (TTM) | 6.09 |
Earnings date | 18 Jul 2022 |
Forward dividend & yield | 6.60 (4.94%) |
Ex-dividend date | 09 May 2022 |
1y target est | 143.63 |
Cloud stocks, such as Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), International Business Machines (NYSE: IBM), and Microsoft (NASDAQ: MSFT) could profit investors as they navigate a considerable sell-off in sector stocks. Admittedly, the Google parent has not entirely escaped the sell-off in cloud stocks. Grand View Research expects the cloud industry to grow to $1.55 trillion by 2030, a compound annual growth rate (CAGR) of 16%.
IBM switches to SAP S/4HANA to help real-time data sharing and enable simplification initiative for clients.
IBM has set a new goal for propelling the legacy technology company ahead of its rivals: a quantum computer ready for commercial use, three years from now. In an interview Monday ahead of the company's Think conference, Chief Executive Arvind Krishna said International Business Machines Corp would have a more-than-4,000 qubit quantum computer ready by 2025, a jump from its hardware with 127 qubits today. Companies for years have touted quantum computing's potential, with little to show for it beyond error-prone machines and basic applications with early clients.