Special report Kyndryl, the IT services biz spun out of IBM in late 2021, has been following in the footsteps of its parent by discreetly shedding hundreds of workers, largely in the US.… ...
Kyndryl, the world’s largest IT infrastructure services provider that was spun out of IBM’s managed infrastructure services business, Thursday reported its first ever financial quarter since ...
Bank of America (BAC) analyst Wamsi Mohan sees Apple (AAPL) and IBM (IBM) as defensive players in the IT hardware sector. This comes amid ...
This example is one of many—perhaps unsurprising given Kyndryl's history as the Global Technology Services business of legacy tech giant IBM (NYSE: IBM) prior to the completion of its spinoff ...
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 Kyndryl stock has surged by 82% over 13 months, outperforming other mid-caps and software services stocks by 5-6x on average. We pick out a few reasons why Kyndryl is seeing strong interest ...
When it comes to tech stocks, investors often focus on glitzy growth plays that attract a lot of attention from Wall Street.
Apple's earnings resilience and IBM's strategic shift position them as safe bets amid tech market volatility, BofA says ...
Scotiabank raised the firm’s price target on Kyndryl Holdings (KD) to $45 from $35 and keeps an Outperform rating on the shares. The company ...
This example is one of many—perhaps unsurprising given Kyndryl's history as the Global Technology Services business of legacy tech giant IBM IBM prior to the completion of its spinoff from the ...