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Ibm

All articles tagged with #ibm

technology2 days ago

IBM and Red Hat Launch Lightwell Clearinghouse to Patch 400 Java Flaws

IBM and Red Hat have remediated over 400 previously unknown vulnerabilities in widely used Java libraries through their Lightwell initiative. The companies simultaneously announced the general availability of Lightwell Clearinghouse, an enterprise service allowing customers to submit specific open-source dependencies for priority review and backported fixes. This move aims to address the growing risk posed by autonomous AI agents, which can chain multiple low-risk vulnerabilities into serious attacks. By bypassing traditional upstream maintenance timelines, Lightwell delivers version-specific patches directly to production environments, ensuring security without disrupting business operations.

NASA and IBM Release Open-Source AI to Map the Moon
space26 days ago

NASA and IBM Release Open-Source AI to Map the Moon

NASA and IBM introduced the NASA-IBM Lunar Foundation Model, an open-source AI tool on Hugging Face designed to help scientists analyze the Moon’s data from the Lunar Reconnaissance Orbiter, including crater mapping, locating young volcanic features, and modeling water ice near the poles, accelerating exploration by turning vast lunar datasets into actionable insights.

IBM claims quantum advantage in three experiments, invites verification
technology2 months ago

IBM claims quantum advantage in three experiments, invites verification

IBM and partner teams report achieving quantum advantage in three experiments on its Quantum Heron R3 system, using quantum error mitigation to validate results against a classical supercomputer (Fugaku) and testing both Floquet Ising-model computations and Clifford/T-gate circuits; the results, posted as arXiv preprints, aim to establish a verifiable trust stack but require independent verification as classical challenges continue, underscoring that quantum advantage is still an early, contestable milestone.

Three routes toward verifiable quantum advantage on today's noisy hardware
technology2 months ago

Three routes toward verifiable quantum advantage on today's noisy hardware

IBM, with partners RIKEN and Qedma, highlights three approaches that demonstrate verifiable quantum advantage on imperfect quantum hardware: robust error mitigation and Floquet-Ising modeling; a Chicago–IBM method using mostly Clifford gates with targeted non-Clifford T gates plus peripheral qubits for error detection; and a quantum-echo–like protocol with controlled noise characterization to bound outcomes. While not yet practically useful, the work advances trustworthy quantum results and lays groundwork for future error-corrected machines and real-world applications.

markets2 months ago

IBM's Long Road Back: How History Maps Its Potential Recovery

IBM stock has fallen about 22% in a month and sits roughly 37% below its 52-week high after a Q2 miss and a cut to full-year revenue guidance, raising questions about whether demand weakness is temporary or structural. Historically, IBM’s peak-to-trough drops during shocks average about 16% with a 37% worst plunge in 2020, and recoveries have ranged from ~5 months to as long as 9 years. The company has shifted toward software with roughly 45% of revenue and a large recurring software base, plus a strong z-series mainframe, but it remains exposed to enterprise IT spending cycles. For investors, the key risk management takeaway is disciplined position sizing and diversification to withstand another shock.

IBM climbs on 2Q miss as growth outlook tightens and profit warning looms
business2 months ago

IBM climbs on 2Q miss as growth outlook tightens and profit warning looms

IBM reported Q2 adjusted EPS of $2.93 on $17.2B revenue (miss vs $3.01 and $17.9B expected), and cut its full-year constant-currency revenue growth guidance to 4%-5% (midpoint 4.5%), below prior >5% target. The company still expects about $1B in higher free cash flow YoY. Software revenue rose 5% (Hybrid Cloud/Red Hat +11%, Data +19%); Consulting was flat, Infrastructure fell 7% as IBM Z declined, offset by a 37% rise in Distributed Infrastructure. Six-month free cash flow was $4.8B. Despite the miss, IBM shares rose roughly 3% after a prior profit warning, with management sticking to margin expansion and growth opportunities.

IBM Bets Big on AI Strategy Amid Earnings Hurdle and Cost-Cut Push
finance2 months ago

IBM Bets Big on AI Strategy Amid Earnings Hurdle and Cost-Cut Push

IBM reported Q2 revenue of $17.2 billion (+1% YoY) and non-GAAP EPS of $2.93, roughly in line with estimates after an earlier earnings warning. Infrastructure sales fell ~7% while software grew ~5%; IBM maintained its 2026 revenue-growth target of 4–5% and is accelerating cost cuts to exceed $5.5 billion in annual savings to support growth, margins, and R&D. CEO Arvind Krishna defended IBM’s AI roadmap—built around hybrid cloud, AI, and quantum—and knocked down breakup chatter, stressing the company’s strength as an integrated portfolio. Shares rose about 2% after the report, but investors will want several improved quarters to rebuild trust.

IBM bets on AI strategy as it trims costs amid earnings miss
finance2 months ago

IBM bets on AI strategy as it trims costs amid earnings miss

IBM's Q2 results showed revenue up 1% to $17.2 billion and diluted EPS of $2.93, meeting forecasts after a prior warning that had spooked investors. CEO Arvind Krishna defended the company’s AI strategy as central to its hybrid cloud and quantum ambitions, while pushing cost cuts to lift margins (aiming for more than $5.5 billion in annual run-rate savings). With infrastructure sales down about 7% and software growth around 5%, IBM retained a 2026 revenue-growth outlook of 4-5% in constant currency and dismissed breakup rumors, emphasizing its integrated portfolio. Shares rose roughly 2% after the report.

IBM trims 2026 outlook as AI-driven productivity push pins hopes on margins
business2 months ago

IBM trims 2026 outlook as AI-driven productivity push pins hopes on margins

IBM's Q2 2026 results missed consensus even after lowering its full-year growth target; revenue was $17.16B and adjusted EPS $2.93, both shy of expectations, with 1% revenue growth YoY and net income of $2.17B. Management cut 2026 constant-currency revenue growth to 4-5% (from above 5%) while aiming for about $1B more in free cash flow. The miss came from weaker Z mainframe and transaction-processing software sales, triggering a 25% one-day stock drop—the steepest on record. Segment results were soft in infrastructure (-7%) and mainframe (-42%) but software grew 5% to $7.76B; consulting was flat. IBM also signed a letter of intent to build a U.S. quantum chip foundry and launched the Bob AI coding tool used by 80,000 employees as it touts productivity gains from AI to boost margins and cash flow.

IBM's Q2 Preview: AI Push and Pipeline in the Spotlight
company-earnings2 months ago

IBM's Q2 Preview: AI Push and Pipeline in the Spotlight

IBM is set to report Q2 results after the close, with investors watching whether delayed enterprise deals shift into Q3 and whether the company can maintain more than 5% constant-currency revenue growth and about $1 billion in annual free cash flow improvement. Analysts expect management to address the Q2 revenue miss (about $17.2B) and adjusted EPS near $2.93, caused by softer software growth, weaker infrastructure revenue, and flat consulting, while updates on AI initiatives (Red Hat and watsonx) and deal pipelines will be key on the call. Options traders imply roughly a 7% move after the earnings release.

Ives Stands by $350 IBM Target After a 26% Weekly Plunge
business2 months ago

Ives Stands by $350 IBM Target After a 26% Weekly Plunge

Dan Ives keeps a $350 target on IBM after the stock’s 26% weekly drop, arguing the quarterly miss was a timing issue rather than a fundamental decay and that IBM remains a core AI-infrastructure play thanks to watsonx, mainframe strength, and solid free cash flow. The upcoming July 22 earnings print is the key catalyst to validate the bull case and potentially unlock upside beyond the street's ~$270 targets.

IBM's Crash Reveals the Retirement Lesson: Diversify Beyond a Dividend Anchor
personal-finance2 months ago

IBM's Crash Reveals the Retirement Lesson: Diversify Beyond a Dividend Anchor

IBM’s ~30% one-week plunge despite raising its dividend highlights concentration risk for retirees who rely on a single stock for income. While Social Security provides an inflation-adjusted income floor that isn’t affected by stock swings, selling appreciated shares to trim a concentrated position can push provisional income into taxable territory and threaten benefits. The takeaway is to keep single-stock exposure to 5–10% of a draw-down portfolio, trim gradually (not all at once), harvest tax losses, consider charitable donations of appreciated shares, and structure retirement income in layers anchored by Social Security with fiduciaries focusing on your long-term interests.

IBM's AI Boom Can't Prevent a 25% Stock Selloff
business2 months ago

IBM's AI Boom Can't Prevent a 25% Stock Selloff

IBM’s shares plunged about 25% on July 14 after a weaker-than-expected Q2 showing and an unscheduled warning, despite Gartner’s forecast that global AI spending will jump about 47% to $2.59 trillion in 2026 (with roughly $1.43 trillion for infrastructure). Preliminary Q2 revenue rose 1% to $17.2 billion and adjusted EPS was $2.93 vs. $3.02 expected; software growth slowed to 5% and infrastructure fell 7%, while several large deals slipped and IBM Z-related software missed targets. Analysts downgraded the stock, and investors trimmed a premium tied to reinvention, signaling the AI run-rate isn’t yet translating into IBM’s core software momentum or deal closures.

Big Tech Earnings Put AI Promises Under the Microscope
markets2 months ago

Big Tech Earnings Put AI Promises Under the Microscope

Alphabet and Tesla kick off a busy week as investors weigh whether AI-driven optimism can translate into real returns, with Intel, IBM, GE Vernova and Honeywell providing tech and industrial guidance and AT&T, Verizon, and T-Mobile updating on telecom demand; after a semiconductor rout, oil climbs on Hormuz tensions and the dollar strengthens on a higher-for-longer Fed, creating a cautious backdrop as markets seek measurable ROI from AI investments.