International Business MachinesNYSE: IBM

IBM partners with Microsoft to enhance cybersecurity for clients, focusing on modernizing security operations and protecting hybrid cloud identities.

ARMONK, N.Y. , July 1, 2024 /PRNewswire/ -- IBM (NYSE:  IBM ) today announced it has completed its acquisition of  StreamSets and webMethods from Software AG after receiving all required regulatory approvals.

PLEASANTON, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- Avatier, a leading provider of identity management solutions, proudly announces its integration of the IBM z/OS Security Server (Resource Access Control Facility) (RACF) with the Avatier Identity Management platform. This integration marks a significant advancement in enterprise security and user management, offering a suite of benefits designed to streamline operations and enhance security protocols.

Shares of IBM have been volatile in 2024 following a big rally last year. The company is finding success by focusing on software and services, including artificial intelligence initiatives. We highlight several reasons to stay bullish on the stock.

STRASBOURG, France and ARMONK, N.Y., June 27, 2024 /PRNewswire/ -- Crédit Mutuel Alliance Fédérale, a pioneer in the adoption of Artificial Intelligence (AI) since 2016, invests in cutting-edge technologies.

International sports fans surveyed are optimistic about the impact of technologies like AI on their digital sports experiences. Real-time updates and personalized content rank as top priorities for fans when it comes to how generative AI can enhance following and engaging with sports events.

IBM (IBM) shares gained 1.5% Monday after Goldman Sachs analysts initiated coverage with a "buy" rating, citing the software, hardware, and services company's efforts to move toward long-term growth and investments in artificial intelligence (AI). Goldman also gave a price target of $200, 14% above Monday's closing price.

International Business Machines Corp IBM shares are trading higher after Goldman Sachs analyst James Schneider initiated coverage with a Buy rating and announced a price target of $200.

Goldman Sachs initiated coverage of IBM   (NYSE:IBM) with a "buy" rating, with the analyst in coverage noting that the company's artificial intelligence (AI) services will help it maintain its revenue and free cash-flow growth in the long run.