Tag Archives: IBM

FBI seizes Hive ransomware group infrastructure after lurking in servers for months After seven months spent lurking inside the notorious ransomware group’s networks, swiping decryption keys for its victims, the FBI and international partners seized infrastructure behind Hive ransomware attacks. Since June 2021, Hive has targeted more than 1,500 victims globally. While staking out Hive’s network, the FBI disrupted multiple attacks, including ones against… Source link

Tesla (TSLA) The electric vehicle (EV) giant reported adjusted quarterly earnings of $1.19 versus analyst estimates of $1.12 per share. Sales of $24.32 billion beat analyst estimates of $23.03 billion. Tesla’s automotive gross margin of 25.9% came in below expectations of 28.4%. The company said its Cybertruck model is on track to begin production later this year. More details are expected to be revealed at its investor day on March 1. IBM (IBM) IBM shares rose 2% after the company announced… Source link

Tesla (TSLA): Shares dropped after the company’s third-quarter revenue fell short of Wall Street estimates. Tesla reported adjusted earnings of $1.05 per share on sales of $21.45 billion. The company also reaffirmed that it still expects to see 50% average annual growth rate on vehicle deliveries, despite logistics volatility and supply chain bottlenecks. IBM (IBM): IBM boosted its full-year revenue forecast and posted better than expected third-quarter results, sending shares up more than… Source link

Stephen Shankland/CNET Google and IBM… Source link

(Bloomberg) — International Business Machines Corp. President Jim Whitehurst is stepping down after three years at the century-old technology company. The shares fell the most in five months. The departure marks one of the first major corporate reshuffles under Chief Executive Officer Arvind Krishna, who took the helm last year and has moved quickly to reshape IBM and return it to growth. Whitehurst, 53, is the former CEO of Red Hat Inc., which IBM announced it was acquiring in 2018 in a $33… Source link

IBM has inked hybrid cloud deals with global telecommunication giants Verizon (VZ) and Spain’s Telefonica (TEF), as the company that created the personal computer aims to build out 5G and edge networks. The deal builds on existing partnerships IBM (IBM) has with the two telecom operators. No financial terms were disclosed. In an exclusive interview with Yahoo Finance Live, Howard Boville, IBM’s Senior Vice President of Hybrid Cloud Platform, said this is an “existential moment for telco… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued Let’s talk about growth. With corona receding, politics growing less exciting, and a new year ahead, investors are getting optimistic – and that means there’s a hunt for stocks that will bring in strong returns. In other words, growth stocks. In a recent interview, Jan Hatzius, chief economist at investment giant Goldman Sachs, said that he sees GDP growth in 2Q21 hitting as high as 10%. In an environment like that, most stocks… Source link

(Bloomberg) — Palantir Technologies Inc. and International Business Machines Corp. are uniting in a partnership that will dramatically expand the reach of Palantir’s sales force while making IBM’s own artificial-intelligence software easier for non-technical customers to use, the companies plan to announce Monday. The global partnership is the largest of its kind for Palantir, the maker of data-analysis software whose shares have more than quadrupled since its September debut on the New… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * IBM hits two-month low on quarterly revenue miss * Intel slips on avoiding outsourcing embrace * Yellen wins unanimous Senate panel vote for Treasury * Dow down 0.57%, S&P 500 down 0.30%, Nasdaq up 0.09% (Updates market prices to close; adds closing details) By Echo Wang NEW YORK, Jan 22 (Reuters) – The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip… Source link

IBM (IBM) is already trying to get investors excited about 2022 despite only being 22 days into 2021. And that’s not exactly great news to investors in the here and now, many who have bought early into the turnaround story pitched by new IBM CEO Arvind Krishna. Shares of Big Blue tanked more than 8% in early Friday trading following a lackluster fourth quarter on most fronts. Despite company executives trying to suggest better times are ahead in 2022 (the year was mentioned by executives 10… Source link