The International Business Machines Corporation (IBM) is attracting attention from investors, while the company’s stock positions and prices fluctuated slightly. There were increases in holdings by KMG Fiduciary Partners LLC andRoble Belko & Company Inc having a stock value of $2.09 million. Shares trading ranged from 0.6% to 1.5% higher at various instances while the new position of Hilltop Wealth Advisors LLC and stake boost by Foster Group Inc. were noted. Furthermore, IBM was upgraded to “Buy” by StockNews.com and received a new investment of $230000 from Sivia Capital Partners LLC.
However, negative issues were raised such as a lawsuit against the tech giant over diversity 'quotas' and discriminatory hiring practices, AI drive-though test with McDonald's allegedly halted, and allegedly overpricing causing decrease in popularity among investors. Despite these, IBM still settled a lawsuit concerning e-commerce patents against Rakuten and released Q1 2024 Earnings Call Transcript announcing a higher dividend pay than last year at $1.67.
Lastly, a new collaboration agreement to drive the development of AI, Analytics and Data was signed with Telefónica Tech
International Business Machines Corporation IBM News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Sun, 23 Jun 2024 16:29:55 GMT - Rating 4 - Innovation 0 - Information 6 - Rumor -5
