Kyndryl Holdings Inc. KD, +17.06% shares rallied in the extended session Tuesday after the managed infrastructure-service business spun off from International Business Machines Corp. IBM, +0.40% toppe...
Tag: Kyndryl
IBM Earnings Top Expectations. Its Stock Is Falling.
IBM turned in strong financial results, with better-than-expected revenue, driven by the company’s software and infrastructure businesses. Its forecast of revenue was upbeat as well, but the outlook o...
Four Innovative Small Businesses Driving Change
Rising start-ups that successfully adopt new technology to improve lives are an inspiration to us all. Whether it be streamlining an online purchase or making critical life support equipment accessibl...
IBM Reports Earnings Today. What to Expect.
IBM is set to provide investors with a fresh look at the state of enterprise technology spending when it reports third-quarter financial results late Wednesday. There is growing concern that tighter c...
How Is The Dow Jones Industrial Average Actually Calculated?
Originally, the Dow Jones Industrial Average was the average dollar value of the 12 stocks this index fund contained. As time went on, the calculations got more complicated. Stocks have been added and...
J. Crew’s CEO And Kyndryl’s Global HR Talk About Core Business Principles
NEW YORK, NEW YORK – SEPTEMBER 15: Libby Wadle, Maryjo Charbonnier, and Tiffany Dufu attend the 10th … [+] Annual Forbes Power Women’s Summit at Jazz at Lincoln Center on September 1...
IBM Spinoff Kyndryl Is Betting on Amazon, Microsoft, and Google for Growth
(Bloomberg) — Kyndryl Holdings Inc., the information-technology services company spun off from IBM, is betting that a previously forbidden strategy will help drive growth: helping customers use ...
IBM Earnings Beat Estimates. The CEO Says Tech Demand Remains Strong.
IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg Text size IBM kicked off tech earnings season with better...
Want to Hide Out in Tech? Buy IBM Stock, Morgan Stanley Says.
Text size IBM stock has outperformed the broader market this year. Andreas Arnold/Bloomberg One of the best-performing tech stocks in 2022 has been IBM , as the company continues to show progress on a...
IBM Shed Half Its Stake in Kyndryl. The Rest Will Follow Soon.
Text size IBM disclosed that it swapped half of its stake in Kyndryl, about 22.3 million shares, along with $46 million in cash, to Goldman Sachs. Miguel Medina/AFP via Getty Images IBM has swapped ha...
IBM Reports Earnings Tuesday. What to Expect.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
IBM Reports Earnings Tuesday. Wall Street Is Watching for Software Growth.
Text size Wall Street projects IBM will post revenue of $13.8 billion for its first quarter. MIGUEL MEDINA/AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be ...
IBM stock rallies as earnings, sales surge amid Kyndryl spinoff
International Business Machines Corp. shares rallied in the extended session Monday after Big Blue topped Wall Street expectations following the spinoff of its managed infrastructure-service business,...