Former President Thabo Mbeki said he was not surprised that Ebrahim Rasool, the former ambassador to the United States of America, was expelled by the Trump administration. Speaking to Unisa ...

Ebrahim Rasool: "Diplomacy is not lying along and making as if lies are truth" South Africa's former ambassador to the US has told the BBC it was "self-evident" that there was racism within the ...

Kyndryl was hit by a short report alleging issues with its accounting and its relationship with former parent IBM. Investors should consider the allegations carefully, but not rush to any ...

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 ...

NEW YORK, March 27, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today issued a statement in response to a short seller report.

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'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 ...

Kyndryl Shares Slump After Gotham City Alleges It Manipulated Metrics (Reuters) -Shares of Kyndryl fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT ...

Investing.com -- Shares of Kyndryl (NYSE:KD) plunged 10% following a critical report by Gotham City Research, which accused the company of manipulating financial metrics and facing potential cost ...

NEW YORK and SUNNYVALE, Calif. - Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider and a prominent player in the IT Services industry with a market capitalization of $7 ...

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 ...