There will be many developments in the market next week, as earnings announcements and the policy meeting of the US Fed will dominate the week.
Last November, IBM (NYSE: IBM) completed its spin-off of Kyndryl (NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one new share of Kyndryl for every five shares of IBM they held. IBM still retained 20% of Kyndryl's outstanding shares following the spin-off, but it plans to sell that entire stake this year.
John R. Lewis 2022 Case Competition winner Vivian Chong joins Yahoo Finance Live to discuss her team's proposal of investing in a tech hub based in Atlanta, identifying racial tech gaps across industries, and the prospective participants for this educational training program.