IBM has seen a robust trading activity, with traders buying large volumes of call options. Their stock has experienced some fluctuation but generally trades higher. Plans are underway to increase the dividend to $1.67, a boost from the previous year. In contrast, a lawsuit has been filed against their subsidiary, Red Hat, alleging discrimination. Collaboration efforts continue with SAP to develop new generational AI capabilities. The company's intrinsic value appears to be higher than its share price, hinting at potential growth opportunities. Controversially, accusations of overpricing could endanger IBM's popularity among investors. A $6.4 billion agreement to acquire HashiCorp is intended to augment IBM's presence in the cloud sector.
International Business Machines Corporation IBM News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Thu, 09 May 2024 06:54:42 GMT -
Rating 6
- Innovation 3
- Information 6
- Rumor -2
