Jefferies analyst Brent Thill, maintaining a Buy rating with a $370 price target, said the concerns overlook that IBM is already disrupting itself by embedding GenAI directly into the mainframe to ...

Mumbai: Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company’s most stable businesses. The ...

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

Investing.com - Evercore ISI reiterated an Outperform rating and $345.00 price target on International Business Machines stock (NYSE:IBM) on Tuesday. The target suggests significant upside potential ...

It has been about 12 years since Malaysia Airlines Flight 370 disappeared over the Indian Ocean with 239 people on board. As of Tuesday, the search for the plane is back on. Aviation journalist and ...

Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business toward consulting and services. By Steve Lohr Louis V. Gerstner Jr., an ...

IBM hasn’t announced the specific number of employees being laid off. It may be around 2,700 workers, since that’s one percent of the company’s global workforce. Last month, the company released a ...