IBM - International Business Machines Corporation

NYSE - NYSE Delayed Price. Currency in USD
133.22
+1.31 (+0.99%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close131.91
Open132.75
Bid133.02 x 800
Ask133.31 x 800
Day's Range132.70 - 133.89
52 Week Range105.94 - 152.95
Volume3,437,994
Avg. Volume3,478,961
Market Cap117.985B
Beta (3Y Monthly)1.34
PE Ratio (TTM)15.48
EPS (TTM)8.60
Earnings DateJan 21, 2020
Forward Dividend & Yield6.48 (4.90%)
Ex-Dividend Date2019-11-07
1y Target Est148.30
  • Microsoft fairly and squarely beat Amazon in $10 billion Pentagon cloud contract
    MarketWatch

    Microsoft fairly and squarely beat Amazon in $10 billion Pentagon cloud contract

    The prestigious contract went to the superior company, despite detractors who claim President Trump opposed Amazon.

  • GOOGL, AMZN, MSFT & Others to Watch in Healthcare Industry
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    GOOGL, AMZN, MSFT & Others to Watch in Healthcare Industry

    Tech giants like Alphabet, Amazon, IBM, Microsoft and Apple are foraying into the healthcare industry to capitalize on its prospects.

  • Investopedia

    4 ‘Legacy’ Tech Stocks that Could Post Big Rebounds

    Four legacy tech stocks are lagging the market this year, but the could rebound as they adjust their business models.

  • IBM installs new supercomputer at Rensselaer as part of $2 billion AI Hardware Center
    American City Business Journals

    IBM installs new supercomputer at Rensselaer as part of $2 billion AI Hardware Center

    Say hello to AiMOS — the Artificial Intelligence Multiprocessing Optimized System. It's one of the world's top supercomputers. And it's part of an effort to make the Albany region a center for artificial intelligence research.

  • Amazon Roundup: Thanksgiving Weekend Results & More
    Zacks

    Amazon Roundup: Thanksgiving Weekend Results & More

    Amazon challenged Pentagon contract award to Microsoft as the holiday season started.

  • 3 Downtrodden Tech Stocks to Sell Before 2020
    InvestorPlace

    3 Downtrodden Tech Stocks to Sell Before 2020

    Although tech stocks generally comprise a hot space, not all companies within the space are hype-worthy.The technology sector is one of the biggest gainers of the year. With an almost 40% year-to-date gain, 2019 will go down in the history books as a banner year for tech stocks. Its ranks are full of out-sized winners that have showered shareholders with profits. Heavy hitters like Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) have led the charge. But not all companies that call technology home have participated in the rally. Some find themselves sliding into Christmas amid disappointing earnings and deteriorating technicals. * 7 Hot Payments Stocks to Buy Now With that in mind, let's take a look at three tech stocks to sell before the start of 2020.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tech Stocks to Sell: Cisco Systems (CSCO)Source: The thinkorswim® platform from TD Ameritrade Drawdown from 2019 peak: -25%Cisco Systems (NASDAQ:CSCO) shares were flying high into mid-year but have since been thoroughly smashed. The downtrend accelerated following the past two earnings reports, revealing widespread disappointment in the company's profitability. The damage has been bad enough to turn the slow-moving 200-day average lower to join its shorter-term counterparts.This week's support break signaled a continuation of the descent and points toward a potential retest of its early January low near $41. Volume patterns show a groundswell in distribution over the past few months and are reflective of institutions abandoning ship. While the tides could always turn, CSCO is one of the ugliest ducklings in the tech sector. Dropbox (DBX)Source: The thinkorswim® platform from TD Ameritrade Drawdown from 2019 peak: -32%The chart of Dropbox (NYSE:DBX) reveals consistent weakness ever since its IPO. There was a single moment of hope last June when DBX scored a robust breakout, but it fizzled fast, and the stock has been cruising lower ever since. The first half of the year was constructive and even had DBX stock push back above all major moving averages. But, the progress was wholly dismantled over the back half of the year. * 10 Hot Pot Stocks to Buy We're now within spitting distance of all-time lows. Every single time the stock gets an uptrend going, its quarterly earnings report arrives to throw a wet blanket on the bullishness. The past four events have seen heavy selling pressure. Until the fundamentals can improve enough to warrant an upside surprise in the stock after an earnings release, the chances for recovery are slim. Twilio (TWLO)Source: The thinkorswim® platform from TD Ameritrade Drawdown from 2019 peak: -35%Twilio (NYSE:TWLO) could be a case of a stock running too far too fast. Its meteoric ascent since its 2016 IPO carried the software company up over 500%. That's a lot of future growth getting priced in. Perhaps the recent dismantling is simply a correction of the exuberance, a return to more sane valuation. It's a plausible narrative.But even if you view this as a longer-term dip to be bought, the chart still looks terrible. More evidence is needed before you pile in. At a minimum, TWLO stock needs to break above resistance and the 50-day moving average to reverse the uninterrupted series of lower lows and lower highs. A push above $106 would do the trick.Until then, steer clear of bottoming fishing.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy That Dominated Thanksgiving Shopping * 6 Manufacturing Stocks to Buy as the Economy Recovers * The 7 Best Cryptocurrencies to Buy as Blockchain Heats Up The post 3 Downtrodden Tech Stocks to Sell Before 2020 appeared first on InvestorPlace.

  • Bloomberg

    Amazon Suit Claims Trump Bias Tainted Cloud Bid, Judge Says

    (Bloomberg) -- Amazon.com Inc. claims it lost a Pentagon cloud contract valued at as much as $10 billion because of political interference by President Donald Trump, according to the judge overseeing the case.Federal Claims Court Judge Patricia Campbell-Smith said during a court proceeding last week that Amazon’s lawsuit argues that the Pentagon didn’t award the cloud deal to Microsoft Corp. on the basis of a fair evaluation of the companies’ bids.“Plaintiff contends that the procurement process was compromised and negatively affected by the bias expressed publicly by the president and commander in chief Donald Trump against plaintiff,” Campbell-Smith said in a recording of a status hearing released Thursday by the U.S. Court of Federal Claims in Washington.The judge’s comments were the first public confirmation that Amazon cited bias by Trump as grounds to overturn the award to Microsoft. Trump has long criticized Amazon founder Jeff Bezos on everything from the shipping rates his company pays the U.S. Postal Service to his personal ownership of what Trump calls “the Amazon Washington Post.”The contract was awarded to Microsoft “despite what plaintiff characterizes as its depth of experience, superior technology and proven record of success in handling the most sensitive government data,” Campbell-Smith said.Amazon filed a lawsuit under seal with the court last month to formally protest its loss of the Pentagon’s Joint Enterprise Defense Infrastructure, or JEDI, cloud contract.For More: Amazon’s $10 Billion Pentagon Challenge: Proving Trump MeddledCampbell-Smith said Amazon is seeking to prohibit the Defense Department from proceeding without a new evaluation or award decision. The company is requesting that the Pentagon either reevaluate bids or reopen the procurement to allow for bid revisions, the judge said.Campbell-Smith also granted Microsoft’s request to intervene in the suit.In July, Trump stunned lawmakers and technology companies when he openly questioned whether the JEDI contract was being competitively bid, citing complaints from Microsoft, Oracle Corp. and International Business Machines Corp.Dana Deasy, the Pentagon’s chief information officer, said during his confirmation hearing in late October that to the best of his knowledge, no one from the White House reached out to any members of the JEDI cloud contract selection team.The Pentagon’s JEDI cloud project is designed to consolidate the department’s cloud computing infrastructure and modernize its technology systems. The contract is worth as much as $10 billion over 10 years and could offer the winner a bigger foothold in the burgeoning federal cloud market.(Updates with Amazon seeking new evaluation and decision from seventh paragraph)To contact the reporter on this story: Naomi Nix in Washington at nnix1@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Larry LiebertFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Urbem's 'Wonderful Business' Series: NIC Inc.
    GuruFocus.com

    Urbem's 'Wonderful Business' Series: NIC Inc.

    A growing toll bridge business on the cloud with moderate risks Continue reading...

  • ETF Trends

    Getting Paid to Embrace Old School Tech Stocks

    Many investors are often captivated by the more glamorous side of the technology sector and although Apple (AAPL), Microsoft (MSFT) and Qualcomm (QCOM) are older companies, share price appreciation puts those behemoths in the glitzy category. Importantly, many legacy technology are dividend payers and growers. TDV is the only ETF focused on U.S. technology dividend growers—Technology Dividend Aristocrats—that have raised their dividends for a minimum of seven consecutive years.

  • IBM's Maximo Solution to Aid ASPI Manage Civil Infrastructure
    Zacks

    IBM's Maximo Solution to Aid ASPI Manage Civil Infrastructure

    Robust demand of IBM Maximo on strength in asset optimization and management capabilities is expected to favor the top line in the days ahead.

  • AEGEAN Airlines selects IBM to Deliver Innovative Customer Experiences
    PR Newswire

    AEGEAN Airlines selects IBM to Deliver Innovative Customer Experiences

    IBM (NYSE: IBM) today announced a new agreement with AEGEAN - the largest Greek airline company and member of Star Alliance- to use IBM public cloud to transform its internal business processes and further enhance its customer experience. This agreement follows a multi-year agreement for the implementation of core applications and the delivery of IBM Cloud Hosting Services to help accelerate the airline's digital transformation strategy.

  • IBM Named a Leader in IDC MarketScape: Worldwide Support Services 2019 Vendor Assessment
    PR Newswire

    IBM Named a Leader in IDC MarketScape: Worldwide Support Services 2019 Vendor Assessment

    IBM (NYSE: IBM) today announced that IDC has named IBM a "Leader" among seven other providers in the IDC MarketScape: Worldwide Support Services 2019 Vendor Assessment (October 2019, IDC US45595819e). According to the IDC MarketScape report, "IBM's global presence and partnerships make the company a great fit for large enterprises and customers state that the partnerships IBM creates at the higher levels of the C-suite allow IBM to truly understand the business needs of the customer and, in return, the C-suite of the customer has access to IBM executives."

  • Slack CEO: Microsoft views 'us as an existential threat'
    Yahoo Finance

    Slack CEO: Microsoft views 'us as an existential threat'

    Yahoo Finance speaks with Slack co-founder and CEO Stewart Butterfield following its latest quarterly earnings.

  • IBM (IBM) Stock Sinks As Market Gains: What You Should Know
    Zacks

    IBM (IBM) Stock Sinks As Market Gains: What You Should Know

    IBM (IBM) closed at $131.99 in the latest trading session, marking a -0.1% move from the prior day.

  • Does International Business Machines Corporation’s (NYSE:IBM) ROCE Reflect Well On The Business?
    Simply Wall St.

    Does International Business Machines Corporation’s (NYSE:IBM) ROCE Reflect Well On The Business?

    Today we are going to look at International Business Machines Corporation (NYSE:IBM) to see whether it might be an...

  • Autostrade per l'Italia and IBM Announce an Innovative Autostrade "IOT" Solution to Monitor and Manage Infrastructure in Real-Time Based on IBM Maximo
    PR Newswire

    Autostrade per l'Italia and IBM Announce an Innovative Autostrade "IOT" Solution to Monitor and Manage Infrastructure in Real-Time Based on IBM Maximo

    Autostrade per l'Italia (ASPI) today announced a new solution that integrates the latest IBM (NYSE: IBM) infrastructure monitoring and management technology designed to support operators in monitoring the condition of civil infrastructure, both in real-time and throughout the lifecycle of structures such as bridges, roads and tunnels.

  • Amazon Enters Quantum Computing Market With Amazon Braket
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    Amazon Enters Quantum Computing Market With Amazon Braket

    Amazon's (AMZN) AWS announces preview launch of its quantum computing service, Amazon Braket, which will strengthen its market position.

  • Investopedia

    Profit Takers Abound as Stocks Pull Back

    U.S. stock prices fell by 1%. The market anticipates more European growth, while gold and silver are poised to rally.

  • IBM Focuses on Expanding its Watson Health Imaging Business
    Zacks

    IBM Focuses on Expanding its Watson Health Imaging Business

    IBM highlighted its recent collaborations in the medical imaging market, which is part of the Watson Health unit.

  • Cloudera (CLDR) to Report Q3 Earnings: What's in Store?
    Zacks

    Cloudera (CLDR) to Report Q3 Earnings: What's in Store?

    Cloudera's (CLDR) third-quarter fiscal 2020 results are expected to reflect an expanding product portfolio and customer base.

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    Value ETFs Poised to Resume Uptrend

    Value stocks have outperformed their growth peers in late 2019. Position for the trend to continue with these three value ETFs.

  • IBM Watson Health Demonstrates Global Imaging Market Momentum
    PR Newswire

    IBM Watson Health Demonstrates Global Imaging Market Momentum

    Today, at the 105th RSNA Scientific Assembly and Annual Meeting, IBM (NYSE: IBM) Watson Health™ highlighted its recent clients and collaborations for its IBM Watson Health Imaging artificial intelligence (AI) platform, a leading provider of innovative artificial intelligence, enterprise imaging and interoperability solutions available through multiple products and services trusted by medical professionals worldwide.

  • Barrons.com

    Xerox Is Attempting to Buy HP. History Says It’s a Bad Idea.

    FEATURES - MAIN Mergers and acquisitions are no replacement for innovation, but that has never stopped tech firms from trying to buy their way into the future. In 1986, Burroughs bought Sperry for $4.

  • Barrons.com

    Tech’s Pioneers Have Been Left Behind. Their Stocks Are Cheap—and Complicated.

    As Xerox makes a daring bid for HP Inc., old-line tech struggles for relevance. Weighing the future of Cisco, IBM, Intel, Oracle, and others.