IBM's first-quarter 2024 earnings report said that the mainframe goliath took a $400 million "workforce rebalancing" charge ...

In the first quarter of this year, IBM disclosed that it would take a $400 million hit in workforce rebalancing charges. That’s up from the $300 million in workforce rebalancing charges during ...

Gen AI adoption is set to soar. Only 8% of banks were developing generative AI systematically in 2024, and 78% had a tactical approach. As banks move from pilots to execution, more are redefining ...

Whales with a lot of money to spend have taken a noticeably bearish stance on IBM. Looking at options history for IBM IBM we detected 13 trades. If we consider the specifics of each trade ...

The Department for Environment, Food and Rural Affairs (Defra) has signed a £400m outsourcing deal with IBM to modernise its systems and processes. The department announced in May that IBM was ...