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 ...

Kyndryl separated from IBM in November 2021 to become a standalone business focused on managed infrastructure services. Over time, it’s taken advantage of its freedom to introduce new services ...

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 ...

Verizon's stock sank to a 13-year low of $28.25 on Oct. 13, 2023. At the time, the telecom giant was struggling to gain wireless customers and slashing its prices to stay competitive. But as of this ...

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 ...