143.00 -1.45 (-1.00%)
Pre-Market: 4:03AM EDT
|Bid||0.00 x 800|
|Ask||149.00 x 1000|
|Day's Range||143.14 - 144.52|
|52 Week Range||139.13 - 171.13|
|PE Ratio (TTM)||23.70|
|Earnings Date||Jul 18, 2018|
|Forward Dividend & Yield||6.28 (4.32%)|
|1y Target Est||168.80|
Often labeled as a symbol of old technology, IBM is finding innovative ways blockchain can help its customers. Yahoo Finance's Stephanie Sy and Dion Rabouin talk with Kathryn Harrison, Director of IBM Blockchain.
US President Donald Trump ordered his administration to draft plans for tariffs on a further $200bn of Chinese imports if Beijing does not abandon its intention to retaliate against US tariffs on imports announced last week. China’s commerce ministry claimed the threat was “blackmail” and warned of “strong countermeasures”. Apple may be in the clear, however — Mr Trump told Apple boss Tim Cook that he would not levy tariffs on iPhones assembled in China.
has taken on two humans in a formal debating competition and came up only slightly short in conjuring arguments that a human audience would find more persuasive. lacked the clear drama — and the result — of its previous “man versus machine” stunts, including the Watson system that beat the top human champions at question-and-answer television game Jeopardy in 2011, and Deep Blue, which conquered world chess champion Garry Kasparov in 1997. It was also a sign that computers are venturing deep into subjective human territory where there are no straightforward answers or clear winners.
IBM pitted a computer against two human debaters in the first public demonstration of artificial intelligence technology it's been working on for more than five years. The company unveiled its Project Debater in San Francisco on Monday, asking it to make a case for government-subsidized space research — a topic it hadn't studied in advance but championed fiercely with just a few awkward gaps in reasoning. It then listened to a professional human debater's counter-argument and spent four minutes rebutting it.
Blockchain is "definitely an opportunity" in the long term, says UBS Group CEO Sergio Ermotti. Swiss financial services giant UBS Group may not be a fan of bitcoin but CEO Sergio Ermotti believes blockchain, the technology behind cryptocurrencies, is "definitely an opportunity" in the long term. The freeing up of resources to become more efficient will come through technology and blockchain is a great way to allow us to … reduce costs," Ermotti told CNBC's Michelle Caruso-Cabrera on Monday.
Moody's Investors Service ("Moody's") assigned a B3 Corporate Family Rating to Banff Merger Sub Inc., an entity formed to acquire BMC Software Finance Inc and its related entities. The proposed facilities are being used to finance the acquisition of BMC by private equity firm KKR. Banff Merger Sub is expected to be merged into Boxer Parent Company, Inc., the parent of BMC Software Finance Inc and its affiliates shortly after closing.
Last week I attended a conference on recruitment automation and we listened to Billy Beane, general manager of the Oakland A's, talk about Moneyball. After a wonderful discussion of the history of Sabermetrics and how data has changed the game of baseball, he told us that he now has six Ph.D. machine learning engineers on his roster, and "the team with the most Ph.D.s is really hard to beat." This is what is happening in business.
While Magento ensured Adobe’s entry into the e-commerce space, DataScience.com is expected to give Oracle’s efforts a boost in the AI and machine-learning spaces, which are viewed as two of the fastest-growing segments in the technology sector. According to a study done by Aheadworks, an industry partner of Magento, WooCommerce and Magento held market shares of 18% and 16%, respectively, in the fragmented web store space in 2017.
IBM (IBM) acquires Oniqua, a unique IoT driven inventory management solution provider to bolster presence in the enterprise asset management market.
On June 12, Accenture’s (ACN) market cap stood at $104.7 billion. Likewise, the market caps of other IT players Microsoft (MSFT), IBM (IBM), and Oracle (ORCL) came in at $776.4 billion, $134.8 billion, and $197.8 billion, respectively. Other valuation metric comparison
On June 6, Oracle’s (ORCL) market capitalization was $194.9 billion, whereas Microsoft (MSFT), IBM (IBM), and Accenture (ACN), had market caps of $787.5 billion, $132.8 billion, and $104.6 billion, respectively, as shown in the graph below. Oracle was trading at a forward EV1-to-EBITDA multiple of ~9.9x on June 6, while Microsoft, IBM, and Accenture had forward EV-to-EBITDA multiples of ~16.3x, ~8.8x, and, ~15.3x, respectively. Oracle was trading at a forward PE multiple of ~19.2x, while Microsoft, IBM, and Accenture had forward PE multiples of ~28.5x, ~12.2x, and ~27.6x, respectively.
was the first software giant to stake a claim in blockchain, the technology that underlies cryptocurrency, by launching a "blockchain-as-a-service" product assisting developers in building blockchain apps. "We're interested in blockchain because our customers are," said Mark Russinovich, CTO of Microsoft's Azure cloud. Experts see supply chain and payments as two areas where blockchain may actually make an impact.
Shares of Oracle Corporation (NYSE:ORCL) haven’t been trading too well, tumbling some 5% on June 14. While ORCL stock started to recover as the week ended, some investors have to be wondering if this is a buying opportunity. JPMorgan analyst Mark Murphy downgraded the stock to neutral from overweight and cut his price target to $53 from $55.
The business, which help companies in energy and industrial industries optimize spare parts, will become part IBM's 'internet of things' services technology.
ARMONK, N.Y., June 15, 2018 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has acquired Oniqua Holdings Pty Ltd., a global innovator in Maintenance Repair and Operations (MRO) Inventory Optimization solutions and services focused on mining, oil & gas, transportation, utilities, manufacturing and other asset-intensive industries. According to Aberdeen Group, 50 percent1 of annual unscheduled asset downtime can be attributed to the lack of spare parts and stock outs.
Maddy Johnson and Ryan McQueeney of the Zacks Friday Finish Line team are joined by Eric Ervin, the founder and CEO of Reality Shares, for a special discussion about the potential of blockchain technology and how investors can gain exposure to this budding industry with a special new exchanged-traded fund.
Shares of International Business Machines Corporation ( IBM) are nearly 14 percent off the highs last seen in January, having missed the recovery of the broader equity market. In fact, IBM shares are now down over 5 percent for the year, while the S&P 500 is up over 4 percent.
Rich Hume, CEO of Tech Data Corp., sees plenty of opportunity ahead for what already is Florida’s biggest company. The key, Hume says, is focusing on technologies that have emerged in the last three to four years of unprecedented change, as devices and processes increasingly become digital. Hume, who is 58 years old, became CEO on June 6, succeeding former CEO Bob Dutkowsky, who transitioned to the executive chairman’s job.
Citing heavy investments in data security and IT infrastructure, Equifax Inc. this week named a former IBM tech chief for Watson as its new chief technology officer. Bryson Koehler will oversee the Atlanta-based credit bureau’s global information technology strategy and development, working closely with the product, data and analytics teams, the Wall Street Journal reported Thursday.
Here are some things going on today in the world of tech: Shares of Comcast (CMCSA) are up $1.30, or 4%, to $33.62, after the company this morning announced it will bid $35 per share in cash in pursuit of 21st Century Fox (FOXA), as many thought it might, opening the prospect of a bidding war with Disney (DIS), which has bid roughly $29 per share in cash and stock for Fox assets that include its movie studio and the stake in the Hulu digital video service. The Wall Street Journal’s Shalini Ramachandran and Erich Schwartzel explore the potential bidding war ins and outs today. R.W. Baird’s William Power, who rates Comcast at Outperform, with a $42 price target, calls Comcast a “Dead Pool of Money Near Term." Writes Power, “we believe the Fox assets are a solid strategic fit longer term, as the company is using its balance sheet to secure valuable content, which enhances its ability to compete in an increasingly OTT world." "However, the overhang of a potential bidding war with Disney and M&A activity in general are likely to continue weighing on the stock,” he concludes.
executive to lead its technology efforts as the credit bureau looks to rebound from its massive 2017 data breach. Mr. Koehler most recently served as CTO of International Business Machines Corp.’s Watson and its cloud platform. At Equifax, he will oversee the company’s global information technology strategy and development and work closely with the product, data and analytics teams, the company said.