Investment activity in International Business Machines Corporation (IBM) had been diverse, with several investors and asset management firms modulating their holdings in the tech titan. A notable share of investors have augmented their stakes, including TRU Independence Asset Management 2 LLC, Platform Technology Partners, Cerity Partners LLC, Arizona State Retirement System, and B & T Capital Management DBA Alpha Capital Management. Yet, select firms reduced their interests, including CapWealth Advisors LLC and SteelPeak Wealth LLC. Others, like Sage Rhino Capital LLC, initiated new investments. Another crucial development is the launch of Power11 servers by IBM, aimed at revolutionizing AI and Hybrid Cloud apps. Analysts perceive this bold innovation critically, and it influenced Melius Research to upgrade IBM to 'Strong-Buy' status. IBM's leap towards quantum computing has been lauded and is driving the corporation to historic highs. Furthermore, IBM's new Power11 server provides impressive uptime of 99.9999%, promising practically zero maintenance downtime, signalling tremendous AI-driven growth anticipated for 2025.
International Business Machines Corporation IBM News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Sat, 12 Jul 2025 22:02:43 GMT -
Rating 8
- Innovation 9
- Rumor -4
