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Everyone Talked About Nvidia, Apple And Tesla, But This One Tech Stock Has Left Them All Behind In 2025
Friday, July 4, 2025 - 7:44am | 1138As Nvidia Corp. (NASDAQ:NVDA) turned the most valuable publicly traded company on Thursday, inching closer to a $4 trillion market capitalization, this multinational technology company, nicknamed ‘Big Blue,’ has outperformed the Magnificent 7 and the Jensen Huang-led tech giant in 2025...
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Rise Of The Machines? IBM Eyes Replacing 7,800 'Non-Customer-Facing' Jobs With AI
Tuesday, May 2, 2023 - 4:19am | 454IT service giant International Business Machines Corp. (NYSE:IBM) is banking on technology to tide over the vagaries of an inclement economic environment. What Happened: IBM plans to pause or slow down hiring for back-office roles like human resources, which could potentially be replaced by AI and...
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Analysts Debate IBM: One-Time Fluke Or Sustainable Recovery?
Wednesday, January 23, 2019 - 12:46pm | 567Tech giant IBM (NYSE: IBM) reported a fourth-quarter earnings beat and encouraging guidance for the full year 2019. With the stock still down 25 percent from a year ago, the Street isn't fully convinced "Big Blue" is at the beginning of a sustainable long-term turnaround. The...
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Groupon, IBM Settle Patent Lawsuits In $57M Deal
Monday, October 1, 2018 - 1:42pm | 359Shares of Groupon Inc (NASDAQ: GRPN) gained more than 3 percent Monday after the mobile and online marketplace company reached a settlement in patent litigation with IBM (NYSE: IBM) and struck a new patent cross-license agreement with Big Blue. What Happened Groupon was accused by...
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Analyst: Muted Expectations For IBM Heading Into Q1 Earnings
Friday, April 13, 2018 - 3:07pm | 321Expectations for IBM (NYSE: IBM)'s first quarter report are "muted," but KeyBanc says there's reason to be "positively biased" heading into the print. The Analyst KeyBanc Capital Markets' Arvind Ramnani maintains a Sector Weight rating on IBM's stock with no...
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Big Blue's Big Beat: Is IBM's Q3 The Real Deal Or A Flash In The Pan?
Wednesday, October 18, 2017 - 8:09am | 376Shares of International Business Machines Corp. (NYSE: IBM) were trading higher by more than 5 percent Wednesday morning after "Big Blue" impressed investors in its third-quarter report, but didn't win over some of Wall Street's bears. Bernstein's Toni Sacconaghi maintains a...
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Even The Best Are Wrong Sometimes: Warren Buffett Acknowledges Mistakes In IBM Analysis
Wednesday, August 30, 2017 - 12:25pm | 369Billionaire investor Warren Buffett is considered by many to be the best investor of all time, but even he makes mistakes on occasion. One of his more vocal losses as of late is his stake in International Business Machines Corp. (NYSE: IBM), which he started buying in 2011 at an average cost per...
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IBM's Ginni Rometty On Warren Buffett: Investors Are Free To Speak For Themselves
Wednesday, June 21, 2017 - 8:27am | 367Billionaire investor and large International Business Machines Corp. (NYSE: IBM) shareholder Warren Buffett surprised the Street earlier this year when he sold around one-third of his approximate 81-million-share stake in "Big Blue." He explained that IBM's status as a "big...
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Warren Buffett Explains Why He Dumped A Third Of His IBM Stock
Friday, May 5, 2017 - 8:20am | 373Billionaire investor Warren Buffett sold part of his stake in International Business Machines Corp. (NYSE: IBM), a stock he started buying in 2011 at an average cost per share of around $170.40. Buffett's stake in "Big Blue" represented a multi-billion dollar loss throughout 2015 and 2016 and was...
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Stepping Back From IBM's Weak Quarter, 'Big Blue' Is Still An Attractive Risk-Reward
Wednesday, April 19, 2017 - 12:23pm | 347Shares of International Business Machines Corp. (NYSE: IBM) were trading lower by more than 5 percent after the company's first quarter earnings report. Investors shouldn't be unfazed by the selloff, at least according to JMP Securities' Greg McDowell. McDowell maintained a Market...
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Patience About To Pay Off For Buffett On His IBM Investment
Friday, January 13, 2017 - 1:26pm | 355Warren Buffett's Berkshire Hathaway started buying shares of International Business Machines Corp. (NYSE: IBM) back in 2011 and the trade remains unprofitable. However, IBM's stock is approaching the average price he paid for IBM at $170.43. At one point, his 8.6 percent stake in "...
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Warren Buffett Talks IBM And His Ongoing Investment Loss
Monday, May 2, 2016 - 10:16am | 243Warren Buffett is confident in his investment in International Business Machines Corp. (NYSE: IBM), even though it is currently losing money. Speaking to CNBC early Monday morning, Buffett acknowledged his average cost basis for IBM's stock is a slightly below $170 per share, implying an ongoing...
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Top Trending Tickers On StockTwits For January 22
Wednesday, January 22, 2014 - 11:57am | 878Here's a look at the top tickers trending on StockTwits.com: Coach: Iconic brand losing market share This morning Coach (NYSE: COH) released its second quarter results. The company reported an EPS of $1.06, missing the consensus estimate of $.11. Revenue declined 5.3 percent year over year at...
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IBM Downgraded at Cowen
Friday, December 6, 2013 - 2:21pm | 256Moshe Katri, analyst at Cowen and Company downgraded shares of IBM (NYSE: IBM) from Outperform to Market Perform with a price target of $165. “Our downgraded reflects Q-Q declines in a number of important demand metrics, including net project workloads, project execution and bench skill base...