Enterprise AI is increasingly becoming a critical battleground in the AI ​​war. After Alphabet (GOOG) (GOOGL) expanded its partnership with vibe coding platform Replit, tech giant IBM (IBM) announced a mammoth $11 billion cash deal to acquire data streaming platform Confluent (CFLT). The deal, made to better serve its enterprise customers with enhanced AI offerings,…
Information technology and consulting giant International Business Machines (IBM) may be one of the oldest giants in technology, but it is proving that there is plenty of life left in the legacy. The stock has been rising this year thanks to strong fundamentals and a new artificial intelligence (AI) angle that is capturing investors’ attention….
International Business Machines Corporation (IBM) reported on October 22 its highest-ever adjusted free cash flow (FCF) margin (i.e. FCF/revenue) of 15% for the year to date ending September 30. Additionally, IBM raised its full-year outlook for FCF, which could send IBM shares up at least 10% to $345.00 per share. IBM shares closed on Monday,…
