Your email has been successfully added to our mailing list.

×
0.000429533842745394 -0.000226070443550262 -0.000452140887100523 0.00165031423791645 0.00302934394357276 0.00915585296378341 0.0240765022380973 0.0254103178550435
Stock impact report

IBM acquires consultancy Hakkoda in continued AI investment push [Yahoo! Finance]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Yahoo! Finance
Mohamad Ali, SVP and head of IBM's consulting business, said that the acquisition would "further expand" IBM's ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, and healthcare and life sciences. "With Hakkoda's data expertise, deep technology partnerships, and asset-centric delivery model," Ali said in a statement, "IBM will be even better-positioned to deliver value faster to clients as they transform with AI." IBM's Hakkoda buy comes as the former company continues to ramp up its investments in AI and automation technologies. In February, IBM acquired DataStax , a platform for building AI apps, and the outfit recently finalized its purchase of infrastructure and security automation firm HashiCorp. It's a strategy that's done well for IBM. In Q4 2024, the company, which makes the bulk of its AI income from consulting, recorded its biggest revenue jump in five years — sending its stock soaring 10%. In Q4 Show less Read more
Impact Snapshot
Event Time:
IBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for IBM alerts
Opt-in for
IBM alerts

from News Quantified
Opt-in for
IBM alerts

from News Quantified