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'Modestly Better': 4 IBM Analysts React To Impressive Earnings Report
Wednesday, April 20, 2022 - 2:51pm | 476IBM (NYSE: IBM) shares traded higher by 7.7% on Wednesday after the company reported a first-quarter earnings beat as it continues to restructure its company. On Tuesday, IBM reported first-quarter adjusted EPS of $1.40 on revenue of $14.2 billion. Both numbers topped consensus analyst estimates of...
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IBM Artificial Intelligence Supercomputer Watson Has 8 Stock Picks For 2022
Wednesday, December 29, 2021 - 12:23pm | 718It’s the time of year that investors consider which stocks to buy and sell to build their portfolio for the next 12 months. Inflation, supply chain disruptions and the ongoing COVID-19 pandemic are setting up 2022 to be an unpredictable year. One unique approach to the market for the coming...
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IBM Platforms CTO On Collaboration Between Banks, Fintech Startups: 'There's No Shortage Of Desire On Either Side'
Thursday, September 27, 2018 - 5:15pm | 1262This story is the first in a multipart series by Benzinga on the state of the fintech sector in 2018. The relationship that big banks have with fintech startups is a big-picture story in the finance sector. Beyond the headlines, there are natural areas of friction between institutions and startups...
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UBS Upgrade Gives IBM Shares A Boost
Wednesday, September 26, 2018 - 12:09pm | 338The bullish case for IBM (NYSE: IBM) is based on a combination of conservative Street expectations, under-appreciated catalysts and a compelling valuation, according to UBS. The Analyst UBS's John Roy upgraded IBM from Neutral to Buy with a 12-month price target lifted from $160 to $180. The...
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Video: A Fintech Town Hall Discussion On Disruption Vs. Collaboration
Friday, October 13, 2017 - 3:59pm | 304By Claire Bendig The fine line between disruption and collaboration in fintech was explored at the Benzinga Fintech Summit by executives from International Business Machines Corp. (NYSE: IBM)’s Watson division, Lendingtree Inc (NASDAQ: TREE), MyVest and Riskalyze. MyVest CEO Anton Honkiman...
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IBM's Potential Catalysts: Can 'Big Blue' Turn It Around In Q4?
Wednesday, July 19, 2017 - 10:45am | 537Shares of International Business Machines Corp. (NYSE: IBM) hit a new 52-week low of $147.40 on Wednesday after the company reported its second-quarter results, which marked the 21st consecutive quarter of declining revenue. But not all analysts are ready to throw in the towel and turn sour on the...
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How Foursquare Quietly Became A Data-Science Powerhouse
Wednesday, June 28, 2017 - 4:22pm | 784Social media’s war for your mind-share has largely settled into a stalemate between the Facebook Inc (NASDAQ: FB)/Snap Inc (NYSE: SNAP)/Twitter Inc (NYSE: TWTR) triumvirate. There’s only so much time people can spend on social media, and besides, we’ve always been at war with...
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Salesforce And Why This Is The Year Of 'Einstein'
Thursday, March 9, 2017 - 2:29pm | 401According to DA Davidson analyst Jack Andrews, you don’t have to be a genius to see that salesforce.com, inc. (NYSE: CRM)’s 2017 will be all about Einstein. Einstein is Salesforce’s recently-launched artificial intelligence technology that is now integrated into the company’...
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Salesforce Remains A Favorite Among Cloud Stocks In 2017
Wednesday, March 8, 2017 - 4:24pm | 357Salesforce.com, inc. (NYSE: CRM) launched Einstein, an artificial intelligence platform, for general availability Tuesday. “Einstein is clearly becoming a more important lever for SaaS differentiation” and could “accelerate multi-cloud adoption and support continued large-deal...
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IBM's World Of Watson Conference Under Way This Week
Tuesday, October 25, 2016 - 3:52pm | 267International Business Machines Corp. (NYSE: IBM) is holding the IBM World of Watson 2016 conference between Monday and Thursday in Las Vegas this week. The most awaited address of the event is sure to be the keynote speech by CEO Virginia "Ginni" Rometty. Rometty is scheduled to deliver her...
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IBM Ushers In Q3 Results With A Preferred Lens For Investors
Monday, October 17, 2016 - 3:04pm | 708International Business Machines Corp. (NYSE: IBM) is scheduled to report its third-quarter results on Monday after the market close. In an email sent to Benzinga, IBM offered several snippets and pieces of information it wants to make clear to the Street ahead of the earnings print. EPS And Revenue...
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IBM, Cisco Integrate Watson IoT With Edge Analytics
Thursday, June 2, 2016 - 9:24am | 490Cisco Systems, Inc. (NASDAQ: CSCO) and International Business Machines Corp. (NYSE: IBM) have disclosed about a global collaboration to offer instant Internet of Things (IoT) insight at the edge of the network. According to the companies, businesses, as well as, organizations in remote and...
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IBM's Watson Health Completes Truven Health Analytics Acquisition
Friday, April 8, 2016 - 7:44am | 181International Business Machines Corp. (NYSE: IBM) disclosed that its Watson Health unit has completed the acquisition of Truven Health Analytics for $2.6 billion. In a statement, the company indicated the cloud-based healthcare data provider has brought in over 8,500 clients to its Watson Health...
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IBM's Watson Is Beginning To Pay Off
Thursday, March 31, 2016 - 9:39am | 363Following the aggressive hiring and estimated data acquisitions worth $5 billion, International Business Machines Corp. (NYSE: IBM) appears all set to benefit from the revenue monetization of Watson. Morgan Stanley’s Katy L. Huberty maintained an Overweight rating on the company, while...
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IBM's Watson Gets Even More Data
Friday, February 19, 2016 - 9:41am | 396This week, the Wall Street Journal reported that International Business Machines Corp. (NYSE: IBM) is spending $2.6 billion in order to acquire Truven Health Analytics Inc. The deal will boost IBM's artificial intelligence efforts by providing its Watson computer with a slew of new data. IBM...