Tech giant IBM has recently completed the acquisition of StreamSets and webMethods from Software AG as part of its expansion strategy to enhance its software portfolio. This move comes in response to the increasing demand for seamless integration of applications, APIs, and data across hybrid cloud environments as businesses turn to AI-based solutions. The acquisition, … Read more
Hewlett Packard Enterprise CEO Antonio Neri introduced a new line of hardware, software, and services for companies looking to incorporate artificial intelligence into their operations at a conference in Las Vegas. Neri emphasized the need for simplicity in the development and implementation of AI applications, as the current chips, hardware, and software required can be … Read more
Passive investing in index funds is a common strategy to generate returns that mimic the broader market, but investors can potentially increase their returns by selecting companies that outperform the market. One such company that has seen significant growth is International Business Machines Corporation (NYSE: IBM). Over the past year, IBM’s share price has surged … Read more
Miracle Mile Advisors LLC recently increased its stake in International Business Machines Co. by 5.3% in the first quarter, owning 3,281 shares worth $627,000. Other hedge funds like Schonfeld Strategic Advisors LLC and Axxcess Wealth Management LLC have also acquired stakes in IBM. Analysts have provided various ratings for IBM stock, with price targets ranging … Read more
BWISE Solutions, a leader in enterprise technology solutions, is hosting a webinar titled “Clash of the Titans: SAP Business One vs Oracle NetSuite” on July 11. This event will provide businesses with a chance to compare and explore two powerful ERP systems – SAP Business One and Oracle NetSuite. As businesses seek to streamline operations … Read more
Claro Advisors LLC, an institutional investor, increased its stake in International Business Machines (IBM) during the first quarter, adding 307 shares to its holdings. Other investors like Naples Money Management LLC, Ables Iannone Moore & Associates Inc., and Financial Synergies Wealth Advisors Inc. also acquired new positions in IBM stock. Analysts have recently issued various … Read more
HCL Technologies and IBM have collaborated to establish a new initiative called the GenAI Hub. This joint effort aims to provide tailored artificial intelligence solutions to meet the specific needs of businesses. The GenAI Hub will leverage the expertise and resources of both companies to develop innovative AI solutions that address various industry challenges and … Read more
Investors are showing interest in Broadcom Corp., a leading chipmaker based in Orange County with roots in the area. While Nvidia is known for benefiting from AI technology, Wall Street is optimistic about Broadcom’s potential in this field. Analysts believe that Broadcom is a leader in AI semiconductors, with the company’s stock nearly doubling in … Read more
Mirador Capital Partners LP, a hedge fund, recently increased its stake in International Business Machines Co. by 16.7% in the first quarter, according to their latest filing with the SEC. They purchased an additional 891 shares, bringing their total to 6,220 shares valued at $1,188,000. Other institutional investors have also adjusted their positions in IBM, … Read more
Compass Ion Advisors LLC reduced its stake in International Business Machines Co. by 1.0% in the first quarter, now holding 10,626 shares valued at $2,029,000. Other hedge funds, such as LVW Advisors LLC and Citizens Business Bank, also adjusted their holdings in IBM. Analysts have varied opinions on the stock, with price target adjustments and … Read more