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Here’s the Price Point Where IBM Is an Absolute Buy
24/7 Wall St.74d agobullish
Here’s the Price Point Where IBM Is an Absolute Buy

At $329.23, International Business Machines (NYSE:IBM) trades well above the roughly $260 level that some value-oriented frameworks would flag as a more compelling entry point. The stock has climbed 31.33% in one week and 42.83% in one month, rewarding owners and punishing those chasing the rally. Big Blue has shed its legacy hardware drag. Software ... Here’s the Price Point Where IBM Is an Absolute Buy

IBM CEO sends strong message on quantum computing
TheStreet74d agoneutral
IBM CEO sends strong message on quantum computing

The next great computing arms race is no longer about artificial intelligence chips and cloud servers. Quantum computing is moving from a science experiment to a national priority, and IBM has made a bold bet that America will lead the way. IBM (IBM) Chairman and Chief Executive Officer ...

Is It Too Late To Consider IBM (IBM) After Its Recent Share Price Surge?
Simply Wall St.74d agobullish
Is It Too Late To Consider IBM (IBM) After Its Recent Share Price Surge?

If you are wondering whether International Business Machines stock still offers value after a strong run, the starting point is understanding what the current price really implies. The stock last closed at US$329.23, with reported returns of 31.3% over 7 days, 41.8% over 30 days, 12.9% year to date, 27.3% over 1 year and a very large gain over 3 and 5 years. Recent headlines around International Business Machines have focused on its role in large scale enterprise technology projects and...

Retail investors fuel record buying in US software ETF as AI trade broadens
Reuters75d agobullish
Retail investors fuel record buying in US software ETF as AI trade broadens

The largest exchange-traded fund (ETF) tracking U.S. software stocks clocked the biggest single-day buy-in by retail investors ‌on record on Monday, data from Vanda Research showed. Software ‌stocks have largely recovered their losses from earlier this year when fears of ​industry-wide disruptions due to the rise of AI gripped the sector, though volatility still persists. Mom-and-pop traders bought stock worth a net $46 million in the iShares Expanded Tech-Software Sector ETF on Monday, surpassing ‌the previous single-day ⁠record by roughly 40%, as per Vanda.