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Kyndryl (KD) Stock Trades Up, Here Is Why
What Happened? Shares of IT infrastructure services provider Kyndryl (NYSE:KD) jumped 1.7% in the afternoon session after ...
This morning IBM officially spun out its infrastructure services into a new business called Kyndryl, one that, by the way, has revenue of $19 billion out of the gate as a public company. Whatever you ...
Guggenheim analyst initiates coverage on Kyndryl with a Buy rating and a price forecast of $30. Kyndryl has executed a ...
Kyndryl (KD) was in focus on Wednesday as Guggenheim started coverage on the tech company with a Buy rating and $30 price ...
Investors and analysts often view Kyndryl as a dominant player in the fast-growing cloud services space, particularly for its integration of AI into its services. Ranking the stock Outperform, ...
Lingraju Sawkar on the IT services company’s commitment of $2.25 billion for its India operations to focus on AI innovation, ...
After spinning off the legacy managed infrastructure services business, IBM's software and consulting business accounted for 75% of group revenue, and more than half of its group revenue is recurring ...
Kyndryl Holdings reported a slight drop in second-quarter revenue on Tuesday, as the former IBM unit works to reduce and renegotiate inherited contracts that have hampered margins. The company, ...
Update: After this article was published, Kyndryl issued a statement saying the Gotham City report "contains claims that are inaccurate and deliberately misleading." The company said it believes its ...
Use cases for agentic AI in legacy IT systems are expanding as companies turn to the technology to manage and modernize ...
IBM still brings the “big” to its moniker Big Blue. IBM is one of the world’s largest IT services companies, the dominant provider of mainframes and a prominent player in the public cloud, data ...
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