IBM (NYSE:IBM) was initiated with an Outperform rating by Oppenheimer due in part to double-digit revenue growth in its software segment, driven by its Red Hat offerings. "Red Hat specifically has ...

International Business Machines (IBM) plans to cut thousands of jobs this quarter as it continues to shift toward faster-growing software and cloud services. The company said the reduction will affect ...

IBM's stock price has surged by 17% since December 2023, highlighting their strength in hybrid platform and solutions after the Kyndryl spin-off. The company's focus on software and consulting has led ...