IBM - International Business Machines Corporation
| Previous Close | 131.91 |
| Open | 132.75 |
| Bid | 133.02 x 800 |
| Ask | 133.31 x 800 |
| Day's Range | 132.70 - 133.89 |
| 52 Week Range | 105.94 - 152.95 |
| Volume | 3,437,994 |
| Avg. Volume | 3,478,961 |
| Market Cap | 117.985B |
| Beta (3Y Monthly) | 1.34 |
| PE Ratio (TTM) | 15.48 |
| EPS (TTM) | 8.60 |
| Earnings Date | Jan 21, 2020 |
| Forward Dividend & Yield | 6.48 (4.90%) |
| Ex-Dividend Date | 2019-11-07 |
| 1y Target Est | 148.30 |
- 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.
- Zacks
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.
- 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.
- Zacks
Amazon Roundup: Thanksgiving Weekend Results & More
Amazon challenged Pentagon contract award to Microsoft as the holiday season started.
- 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.
- 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.
- 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.
- 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.
- 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."
- 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.
- 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.
- 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...
- 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.
- Yahoo Finance
Dell is looking to give more business to AMD due to Intel's chip shortage
Dell is on the hunt for chips.
- Zacks
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.
- 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.
- 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.
- Investopedia
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.
- 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.
