Cramer praised International Business Machines Corporation’s (NYSE:IBM) Arvind Krishna and ... spun off the legacy business as Kyndryl… and guns this stock to $258 as of today.
In its recent third-quarter announcement, Kyndryl Holdings (KD), a global IT infrastructure services provider, reported mixed ...
IBM stock now trades near all-time highs. The hybrid cloud and AI-oriented software segment helped counter the stagnant performance of its legacy segments. IBM's valuation may give some investors ...
International Business Machines (NYSE: IBM) stock surged 14% higher following its fourth-quarter and 2024 earnings report. Under CEO Arvind Krishna, the company has redefined itself as primarily a ...
Kyndryl had also inherited multiple no-margin contracts from IBM and has been looking to re-work them to generate higher profits. The company recorded adjusted net income of $124 million in the ...
The company's stock declined by 1.08% after the earnings release. IBM achieved a record free cash flow of $12.7 billion for the year. The company projects over 5% revenue growth for 2025.
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