|Bid||149.10 x 800|
|Ask||149.49 x 400|
|Day's range||153.87 - 155.96|
|52-week range||139.13 - 182.55|
|PE ratio (TTM)||25.29|
|Earnings date||16 Apr 2018 - 20 Apr 2018|
|Forward dividend & yield||6.00 (3.84%)|
|1y target est||170.75|
Back in December, IBM announced the first phase of its POWER9 products—its first POWER9 chip and its first POWER9-based server. Now IBM has officially launched the second phase of its POWER9 server products. I am going to delve further into the new announcements.
CA Technologies (CA) aims to build its Modern Software Factory on the back of its strong, innovative product portfolio. It may help the company gain strong market traction. The basic concept of the Modern Software Factory is to be agile and ready for changing environmental and customer demand.
The future of AI is starting to play out as businesses begin to devote bigger budgets to artificial intelligence projects. Tech companies are poised to cash in.
Berkshire Hathaway has sold off the vast majority of its stake in IBM, and in hindsight, it's fairly clear which assumptions and errors led Buffett astray on this investment.
In the above part, we discussed that Warren Buffett increased his firm’s position in Apple in 4Q17. In 3Q17, Buffett also reduced his firm’s position in IBM (IBM), and the stock then represented nearly 3% of Berkshire Hathaway’s portfolio. This continued reduction in IBM is signaling that Berkshire Hathaway doesn’t have a very positive outlook on the stock.
Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten to cost $8 trillion in damage over the next five years.
Apple shares rose on news that Warren Buffett-led Berkshire Hathaway has increased its stake in the iPhone maker.
Steve Sosnick, chief options strategist at Interactive Brokers, discusses volatility and his options strategy for IBM with Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)
The Information, a technology news site, recently reported that Amazon (AMZN) is in the process of ditching Oracle’s (ORCL) database and that it has already made significant progress toward this goal. Amazon, a leading player in the e-commerce and cloud computing industries, is one of Oracle’s largest database customers. Amazon’s motivation to move away from Oracle’s database is partly tied to a need to cut costs.
CEOs of some of the nation's biggest companies are publicly supporting a bipartisan immigration bill that the White House has threatened to veto.
Bloomberg's Katherine Chiglinsky discusses Warren Buffett cutting his stake in IBM while investing in Teva with Shery Ahn and Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)
Apple is an anemic grower that is struggling to maintain market share against Samsung and many other rivals. Why isn't Warren Buffett backing up the truck to buy shares of Amazon?
Google’s (GOOGL) Other Revenues outpaced the company’s overall growth in 4Q17. While Alphabet’s overall revenues increased 24.0% YoY (year-over-year) in 4Q17, Other Revenues jumped 38.0% YoY in the quarter. The robust growth of Google’s Other Revenues seems to be partly tied Alphabet’s hiring practices.
Feb.15 -- Steve Sosnick, chief options strategist at Interactive Brokers, discusses volatility and his options strategy for IBM with Julie Hyman on "Bloomberg Markets."
Feb.15 -- Bloomberg's Katherine Chiglinsky discusses Warren Buffett cutting his stake in IBM while investing in Teva with Shery Ahn and Vonnie Quinn on "Bloomberg Markets."