IBM experienced revenue challenges in Q2 due to weakness in its mainframe business, leading to a lowered revenue forecast. However, growth in its Hybrid Cloud and Data segments remained strong, with double-digit increases, highlighting IBM's strategic positioning in evolving enterprise IT and AI markets. Management expects free cash flow to increase by about $1 billion by 2026, supporting a positive investment outlook despite the trimmed revenue guidance. The analyst values IBM shares at $241 each, seeing attractive risk and reward under conservative assumptions.
IBM, the official AI and Cloud sponsor of the US Open, is hosting a free four-day fan event at Madison Square Park in New York City from September 10 to 13. The event features AI-powered tennis activities like a serve speed simulator, AI-enabled ping...
IBM has finalized its acquisition of HRL Laboratories, a research leader in quantum computing, sensing, and materials science. This merger combines HRL's silicon-spin qubit expertise with IBM's superconducting quantum computing, enhancing IBM's quant...
Nvidia's stock could fall 20% to its 52-week low of $165 if it misses earnings, reflecting growing investor caution in the AI sector. Despite expectations of $91 billion revenue this quarter, concerns about slowing data center growth and competition ...
IBM announced a groundbreaking dual-architecture mainframe processor enabling enterprises to run operating systems and applications on both IBM and Arm platforms in future IBM Z and LinuxONE systems. This innovation allows Arm-native Linux environmen...
In 2026, AI usage among sports fans rose to 69%, with accuracy being the top factor driving trust in AI-generated sports content. Nearly half of fans want a consolidated sports app to simplify their experience, though only 29% are willing to pay for ...
