Tag: IBM
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IBM has been talking up AI, but here’s what investors should really focus on in earnings
[ad_1] International Business Machines Corp. may be hitching to the artificial-intelligence bandwagon with its new WatsonX initiative, but analysts are more interested in areas of Big Blue’s business that are translating into serious revenue in the here and now. When IBM IBM, +0.63% reports second-quarter earnings after Wednesday’s market close, analysts will be keenly watching…
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WeWork, Carl’s Jr., Unilever and Shell slammed by Yale over operations in Russia
[ad_1] WeWork Inc., Carl’s Jr., Unilever PLC and Shell PLC are among around 400 Western companies slammed by the Yale School of Management over their continuing presence in Russia, despite a major retreat from the country by more than 1,000 multinationals. A slew of major Western corporations such as U.S. giants Apple Inc. AAPL, +0.08%,…
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IBM nears deal to buy software company Apptio for $5 billion: WSJ
[ad_1] International Business Machines Co. is close to a deal to buy cloud-based business software company Apptio Inc. for more than double its purchase price nearly five years ago, the Wall Street Journal reported late Friday. IBM IBM, -1.33% could close a deal to buy Apptio from private-equity firm Vista Equity Partners, possibly over the…
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Most Ukraine businesses fully operational: American Chamber of Commerce in Kyiv
[ad_1] More than 480 days after Russia launched its invasion of Ukraine, 84% of the companies surveyed by the American Chamber of Commerce in Ukraine are fully operational. The survey, which was conducted jointly with member company Ernst & Young Ukraine, found that 49% of respondents reported damage to factories, facilities, storehouses or offices as a…
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IBM said to need ‘nearly pristine’ earnings report to protect its stock
[ad_1] For International Business Machines Corp., earnings may need to be “nearly pristine” to preserve the stock in a tough environment for companies’ tech-budget decisions. IBM IBM, -0.25%, which now receives about three-quarters of its revenue from tech services, reports first-quarter earnings Wednesday after the close of markets. In a recent note, Morgan Stanley analyst…