Vestcor Inc,
Avantax Advisory Services,
Natixis Advisors LLC,
Impact Capital Partners LLC,
Kestra Advisory Services LLC, and multiple other firms are increasing their stakes in
International Business Machines Corporation (IBM). IBM is showing considerable growth due to key partnerships with
Riyadh Air to build the world's first AI-powered digital airline and
Fresche Solutions to enhance cloud migration services. IBM's alliance with
Mitsubishi has resulted in the creation of an AI-Powered 'Intelligent Companion' for the Outlander 2025, further highlighting their strength in AI innovation. In addition, IBM is concluding a $6.4B deal with
HashiCorp and is set to acquire
DataStax, thus adding further strength to its open-source AI and Watsonx portfolio. The company also made a significant stride in quantum computing collaboration with the
Basque Government in Spain. The implementation plan includes setting up Europe's first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center. Special mention was made by Jim Cramer about IBM's 'remarkably good quarter' and the company's surprising results.
Stifel maintains a 'Buy' status on IBM, pinning a $290 target on their AI & Cash Flow Growth.
International Business Machines Corporation IBM News Analytics from Fri, 27 Dec 2024 08:00:00 GMT to Sat, 15 Mar 2025 23:19:22 GMT -
Rating 8
- Innovation 7
- Rumor -1
