IBM (IBM) news

IBM: Susquehanna raises target price to $235 from $225

Sacombank modernizes core banking with Temenos and IBM

SACOMBANK, one of Vietnam’s leading commercial banks, has completed the migration of its core banking platform to a hybrid cloud environment, leveraging the Temenos Core Banking platform on Red Hat OpenShift and IBM Power infrastructure. This upgrade is designed to enhance scalability, performance,…

ServiceNow down 2.7%, Salesforce falls 1%, Adobe slips 2.1%, Palantir dips 1.4%

Software stocks experienced a broad decline on August 26, 2026, as ongoing macroeconomic pressures and concerns over artificial intelligence (AI) disruption continued to weigh on investor sentiment. ServiceNow (NYSE: NOW) fell 2.7%, Salesforce (NYSE: CRM) dropped 1%, Adobe (NASDAQ: ADBE) declined…

IBM completes acquisition of HRL Labs

IBM has completed the acquisition of HRL Laboratories, LLC (HRL), a leading research and development institution jointly owned by Boeing and General Motors. The transaction, announced on July 23, 2026, is expected to significantly enhance IBM’s quantum computing capabilities and accelerate its…

IBM shares rise 1% after co announces partnership with OpenAI

IBM shares rose 1% in early trading on August 13, 2026, following the company’s announcement of a partnership with OpenAI, a leading artificial intelligence research organization. The collaboration aims to integrate OpenAI’s AI technologies into IBM’s enterprise solutions, particularly in the areas…