International Business Machines is a multinational technology company that specializes in providing a wide range of services and products in the fields of information technology, cloud computing, and artificial intelligence
The company is renowned for its commitment to innovation, offering advanced hardware and software solutions, including mainframe computers, data analytics, and enterprise software. IBM also focuses on consulting services, helping organizations adopt digital transformation strategies and optimize their operations, while maintaining a strong emphasis on research and development to drive future technological advancements.
The Dow Jones Industrial Average (DJIA) recovered some lost ground on Friday, rebounding about 150 points to remain in contention with the 43,400 level.
Many of the top-performing stocks and assets in recent years have stumbled at the start of 2025, with Bitcoin (CRYPTO: BTC) dropping to a three-month low.
Investors are buzzing about Microsoft's first-of-a-kind quantum chip, drawing increased interest in ETFs with exposure to quantum computing and semiconductors. QTUM, AIQ, and SMH are top options.
AMD remains a strong buy with a $170 target price, thanks to its strong position in AI market, market share gains and competition with Intel and Nvidia.
Kyndryl's major partnerships with Palo Alto Networks, Microsoft, and others, combined with its rapidly growing Consult business, fuel analyst optimism.