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ANALYSTS QUESTION IBM
IBM falls as analysts question staying power of software reboundIBM shares fell 6.5% in premarket trading on Thursday, as analysts said part of the company's third-quarter software rebound was driven by ...- 'We faltered, did not move quickly:' How IBM CEO Arvind Krishna's statement led to $70 billion wipeoutIBM shares rebounded nearly 2% in premarket trade after plunging 25% in their worst single-day fall in 58 years, wiping out nearly $70 bill...
- IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
- IBM stock in spotlight after sharp moves. Is volatility creating opportunity?IBM shares saw a sharp 13% drop as fears of AI disrupting legacy systems resurfaced, wiping out significant market value. While some see th...
- IBM stock crash: How a single blog post wiped $30 billion off IBM’s market value in one afternoon - here's what rattled investorsIBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop...
- Your 2023 guide to 6 well-known data analytics certificationsData analytics involves collecting, refining, and analyzing data to make informed decisions. Here are six popular certifications in the fie...
- IBM, the silent job cutter, stokes worker anxiety, speculationSpeculation about thousands of job cuts last month has heightened anxiety among employees.
- How the oldest IT company IBM is discovering its India storyThis is not the first time IBM is transforming itself. Founded in 1911, it has seen a few already, including in the early ’90s when it face...
- IBM has a secret weapon in the cloud wars with AmazonBut IBM insists there's a bright spot: Its cloud computing business, which it says grew 65% in this last quarter versus the same period in ...
- IBM signs Rs 550 crore deal with microfinance firm Janalakshmi Financial ServicesJanalakshmi has in the past worked with Wipro and recently outsourced its back-office work to the Indian unit of Accenture.
- IBM signes deal worth Rs 550 crore with microfinance firm Janalakshmi Financial ServicesThe deal between IBM and Janalakshmi involves application development, maintenance and infrastructure management for Janalakshmi Finance.
- IBM may axe hundreds in India for cost-cuttingIBM’s managers at various units were asked to prepare for RA which refers to ‘resource action’, ahead of the job cuts, according to media r...
- Chips are down: Intel slumps with IBM on weak demandThe global economic slowdown is prompting firms to curtail technology spending eroding profitability at Intel and trimming sales for IBM.
- Uncertainty clouds IT outsourcing from telcosInvestigations into irregularities in spectrum licences have put a question mark over the future of telcos' outsourcing contracts with IT f...
- Uncertainty clouds IT outsourcing from telcosIrregularities in spectrum licences have put a question mark over the future of telcos' outsourcing contracts with IT firms.
- Profits embolden US companies, but revenue lackingCorporate America is turning a profit again, but only by spending less, not making more. Ghosts of 1929 | Competitive economies | US mortga...
- IBM, Sun talks collapse: SourceIBM Corp withdrew its offer to buy Sun Microsystems Inc. for about $7 billion this weekend, clouding the prospects for a deal that would ha...
- Infosys, Cognizant buck trend; move up in global 3000 listTCS, Infy, Wipro, HCL and Cognizant are part of the elite list for the 3,000 top global companies, based on their market capitalisation. Mo...
- IT cos transform from being acquisition-shy to fiercely competitiveHCL Technologies’ £441m counter bid for UK’s Axon Group is raising many questions not only because of the size of the deal but also because...
- IBM forecasts strong '08 earnings tied to global growthStellar performance overseas have prompted IBM Corp to upgrade its outlook for 2008 despite economic uncertainty at home.
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