145.75 +1.25 (0.87%)
After hours: 4:14PM EDT
|Bid||144.57 x 1400|
|Ask||144.59 x 1400|
|Day's range||142.74 - 144.79|
|52-week range||137.45 - 171.13|
|PE ratio (TTM)||23.71|
|Earnings date||18 Jul 2018|
|Forward dividend & yield||6.28 (4.35%)|
|1y target est||165.47|
Earnings and more commentary from Federal Reserve chair Jerome Powell will be the highlights for investors on Wednesday after tech stocks closed at a record high on Wednesday.
(Reuters) - International Business Machines Corp on Wednesday reported second-quarter revenue that beat analysts' expectations as it benefited from growth in higher-margin businesses including cybersecurity ...
International Business Machines Corp on Wednesday reported second-quarter revenue that beat analysts' expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud ...
Ryan McQueeney covers trending market stories related to the Dow index, Amazon (AMZN), and Funko (FNKO). Later, he previews the upcoming earnings reports of American Express and IBM (IBM).
In the continuing story of International Business Machines Corp.’s attempt to transform itself for the new age, one large focus will be how the tech company is taking advantage of a heightened security climate.
Here are some things going on today in the world of tech: Shares of Alphabet (GOOGL) are up $3.31, or 0.27%, to $1,216.40 after the European Union imposed a €4.3 billion fine on the company’s Google unit for anti-trust violations in the way that it struck deals with phone makers for use of its Android software that “denied rivals the chance to innovate and compete,” in the words of Margarethe Vestager, the EU competition commission, as reported by Bloomberg’s Aoife White, Stephanie Bodoni, and Natalia Drozdiak. Google has 90 days to stop “illegal practices,” the authors relate. As my colleague Jonathan Swartz notes, the fine equals 40% of the net income Google brought in last year.
IBM collaborates with Stronghold, as an extension to its partnership with the latter's anchor platform, Stellar. Both IBM and Stronghold USD will explore new avenues to improve the token system.
International Business Machines is scheduled to announce second-quarter earnings Wednesday after the market closes. Here’s what to look for.
On July 17, IBM (IBM) charged Groupon (GRPN) with $167 million in a lawsuit for infringing four of its patents. IBM believes Groupon has built its online business based on IBM’s e-commerce platform without any approval from IBM.
IBM’s (IBM) ranking among cloud vendors is sliding, and it turns out Alibaba (BABA) and Alphabet’s (GOOGL) Google may have played a role in its repositioning. In its new report on cloud vendors, Synergy Research indicates that Alibaba has ousted IBM to become the world’s fourth-largest cloud company by market share.