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 ...

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 - Kyndryl Holdings, Inc. (NYSE: KD), a leading IT infrastructure services provider with a market capitalization of $7.93 billion and annual revenue of $15.11 billion, today responded to a ...

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 ...

(Reuters) -Shares of Kyndryl fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT services provider has manipulated certain financial metrics.

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 ...

Kyndryl and Google Cloud are expanding their partnership to help customers use generative AI to move data off the mainframe and into the cloud. Kyndryl will offer a new Mainframe Modernization ...

Vodafone Idea has awarded IBM and Kyndryl a multi-year, bifurcated IT outsourcing deal after renegotiating the terms, chief technology officer Jagbir Singh has told Moneycontrol. Singh didn’t ...