Despite exceeding analyst expectations with a strong quarter fueled by resilient growth and profitability, IBM’s stock price dropped following reports of government contract cancellations linked to cost-cutting initiatives […]
IBM Contracts Affected by DOGE Cost-Cutting Initiative, Shares Dip
International Business Machines Corp. (IBM) experienced a stock drop following the disclosure of 15 U.S. federal contracts valued at approximately $100 million being canceled or paused under the […]
IBM’s z17 Mainframe Ushers in a New Era of Enterprise AI
Behind the scenes of the booming cryptocurrency and blockchain world lies a powerful infrastructure. IBM has just unveiled its latest innovation, the z17 mainframe, a revolutionary system poised […]
IBM’s Bold Move: Acquisition of Hakkoda Boosts AI Consulting
IBM has made a strategic acquisition by purchasing Hakkoda, a leading data and AI consultancy firm. This move signifies IBM’s commitment to bolstering its AI consulting capabilities and […]