In late 2021, IBM’s managed infrastructure services business spun off into Kyndryl, an independent company with the goal of helping build the services companies rely on daily. Aside from the ...

NEW YORK, March 27, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today issued a statement in response to a short seller report.

Kyndryl's high P/E ratio and negative free cash flow make the stock look overvalued at first glance. The company is knee-deep in restructuring unprofitable contracts left over from the IBM era. At ...

Kyndryl and Google Cloud are expanding their partnership to help customers use generative AI to move data off the mainframe and into the cloud. Kyndryl will offer a new Mainframe Modernization ...