Will Wall Street Analysts be Betting on International Business Machines Stock to Rise or Fall?

Will Wall Street Analysts be Betting on International Business Machines Stock to Rise or Fall?

International Business Machines Corporation, commonly known as IBM, is a technology giant based in New York with a rich history of over a century. The company, with a market capitalization of $157 billion, generates revenue primarily from software and consulting services. IBM’s portfolio includes offerings in cybersecurity, artificial intelligence (AI), and data analytics, all supported … Read more

VMware Loses Major Customer with 24,000 Virtual Machines

VMware Loses Major Customer with 24,000 Virtual Machines

Computershare’s Chief Technology Officer, Kevin O’Connor, recently revealed that he received a bill that was 15 times higher than his previous quote from VMware. This substantial increase in price was attributed to Broadcom’s latest licensing regime and price hikes. As a result, Computershare has decided to abandon VMware and explore other options. During a keynote … Read more

Clearbridge Investments LLC increases their stock holdings in International Business Machines Co. (NYSE:IBM)

Clearbridge Investments LLC increases their stock holdings in International Business Machines Co. (NYSE:IBM)

Clearbridge Investments LLC increased its stake in International Business Machines Co. (NYSE: IBM) by 32.7% during the fourth quarter, according to a recent filing with the Securities and Exchange Commission. The company now owns 45,653 shares of IBM, valued at $7,467,000. Other institutional investors and hedge funds have also made adjustments to their holdings in … Read more

Assetmark Inc. Acquires Shares of International Business Machines Co. (NYSE:IBM)

Clearbridge Investments LLC increases their stock holdings in International Business Machines Co. (NYSE:IBM)

Assetmark Inc. has increased its holdings in International Business Machines Co. by 25.1% in the fourth quarter, according to a recent Form 13F filing with the Securities and Exchange Commission. The company now owns 33,152 shares of IBM, valued at $5,422,000. Other institutional investors, such as Desjardins Global Asset Management Inc., Calamos Wealth Management LLC, … Read more

Jump Financial LLC Acquires $351,000 Worth of Stock in International Business Machines Co. (NYSE:IBM)

Clearbridge Investments LLC increases their stock holdings in International Business Machines Co. (NYSE:IBM)

Jump Financial LLC reduced its stake in International Business Machines Co. by 36.2% in the fourth quarter, according to their latest filing with the Securities and Exchange Commission. The firm sold 1,218 shares, leaving them with 2,149 shares valued at $351,000. Other institutional investors also made changes to their positions, with several increasing their holdings … Read more

MITRE presents findings on VMware rogue virtual machines used in internal cyberattack

MITRE presents findings on VMware rogue virtual machines used in internal cyberattack

MITRE recently shared findings from its own cyberattack in a blog post, revealing how Chinese state-sponsored threat actor UNC5221 used rogue virtual machines (VMs) to avoid detection and establish a permanent presence in MITRE’s VMware environment. The attackers gained initial access using two zero-day attacks against Ivanti Connect Secure in January, with the attack being … Read more

Computershare moves 24,000 virtual machines to Nutanix platform

Computershare moves 24,000 virtual machines to Nutanix platform

Australia’s Computershare has successfully migrated 24,000 virtual machines to Nutanix AHV within a year, as revealed by CTO Kevin O’Connor during a panel session at Nutanix’s Next conference in Barcelona. O’Connor explained that the decision to switch to Nutanix was prompted by a significant price increase from the company’s previous VM provider. Despite initial hesitations, … Read more

VMware’s price hike leads Australian company to abandon 24,000 virtual machines

VMware’s price hike leads Australian company to abandon 24,000 virtual machines

After acquiring VMware, Broadcom announced plans to target larger enterprises with price increases and service packages, but this strategy may have backfired. Computershare, a company heavily involved in VMware‘s virtualization technology, is now abandoning VMware‘s hypervisor in favor of Nutanix products due to unacceptable price increases. Computershare’s IT department had been using both Nutanix AHV … Read more

Surface Laptop 7 Competes with MacBook Air 15 and Intel Machines in Initial Snapdragon X Elite X1E-80-100 Chipset Test

Surface Laptop 7 Competes with MacBook Air 15 and Intel Machines in Initial Snapdragon X Elite X1E-80-100 Chipset Test

Microsoft has introduced the Surface Laptop 7 as a direct competitor to Apple’s MacBook Air. While official reviews are still pending, a study commissioned by Microsoft provides valuable information on the performance of the Surface Laptop 7 15 and its Snapdragon Intel processor. The Surface Laptop 7 is positioned as a strong contender in the … Read more

Nutanix and Dell collaborate to expand beyond virtual machines

Nutanix and Dell collaborate to expand beyond virtual machines

Nutanix, during its annual NEXT conference, shared its plan to expand beyond VM and offer its storage stack as a native service on Amazon Web Services’ Elastic Kubernetes Service (EKS). This decision was made to cater to the growing number of organizations building cloud-native apps that are either stored in public clouds or on-premises. Nutanix … Read more