Wall Street continues to be concerned that IBM's long-term drop in revenue will continue, which pressures the bottom line unless the tech firm keeps up its layoffs.
Douglas A. McIntyre Analysts on Wall Street tend to have a herd mentality when it comes to long ideas, and sometimes bucking the herd mentality is tough. Yet, doing so can be highly profitable.
JPMorgan, Goldman Sachs, IBM, and Cisco Systems pushed the DJIA lower Wednesday.
IBM has begun laying off staff at its Research Triangle Park campus in Durham, North Carolina, and more cuts are anticipated in the UK and, perhaps, elsewhere.
Paul Ausick It would seem to be safe to say that if these top dividend-paying blue chips posted solid first-quarter numbers and forward guidance, they could see some serious institutional buying.
IBM is well on its way to becoming a cognitive solutions and cloud company and it stands to grow from here, according to one key independent research firm.
Chris Lange The top analyst upgrades, downgrades and initiations seen on Wednesday include FedEx, Frontier, IBM, LendingClub, Micron, Nike, Sirius XM and Urban Outfitters.
Amazon's AWS cloud computing services dominate a market that grew by 25% last year and by wide margins in some sectors of the public cloud market.
IBM has found itself in the crosshairs of the governor of Pennsylvania. Governor Tom Wolf said IBM had failed to live up to an expensive contract.
How much upside from a stock would you demand for a new Buy or Outperform rating? That is a serious question that investors have to ask themselves now as the post-election rally…
Jon C. Ogg Total worldwide enterprise storage systems factory revenue was about $11 billion in the fourth quarter of 2016, but that was down more than 6% year over year.
A recent study identified 10 U.S. cities where high tech workers are most likely to be underpaid and 10 companies that are most likely to underpay.
On YouTube's official blog, Cristos Goodrow, vice president of engineering at YouTube, the huge video site, owned by Alphabet, reported its traffic had reached a remarkable milestone.
IBM has made strides in artificial intelligence with its Watson program, as well as in cloud services. Despite this success, the stock is actually down from its highs back in 2013.
Chris Lange The analysts at Merrill Lynch have raised their price targets on some stocks that have shown solid earnings growth and look poised to continue to deliver solid results for the rest of…
