News

"Why is quantum technology so powerful? In a nutshell, a classical bit can only be a binary value, 0 or 1. On the other hand, ...
Jefferies analyst Brent Thill maintained a Hold rating on International Business Machines (IBM – Research Report) today and set a price target ...
A quantum computer has been used to generate and certify truly random numbers, something classical computers can’t do, paving the way for unhackable encryption. Credit: SciTechDaily.com Researchers ...
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 ...
Investors are heading for the exits, sending shares of Kyndryl down as much as 15% on Thursday morning and 11% as of 12:00 p.m. ET. Kyndryl is a data center business that was spun out of IBM in 2021.
Kyndryl (NYSE:KD) Thursday announced an expanded partnership with Google (GOOG) Cloud to leverage generative AI to help streamline and accelerate the modernization of mainframe applications and ...
Quantum computing is breaking past theoretical barriers; AI is becoming more autonomous, and companies that understand this shift will be prepared for the future. Microsoft’s Majorana 1 ...
Kyndryl's high P/E ratio and negative free cash flow make the stock look overvalued at first glance. The company is knee-deep in restructuring unprofitable contracts left over from the IBM era. At ...
March 27 (Reuters) - Shares of Kyndryl (KD.N), opens new tab fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT services provider has manipulated ...