International Business Machines Corporation

IBM

$210.50

-1.17%

N/A-$2.50

Technology

Information Technology Services

NYSE

Active Trading

International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. The company's operations are structured into four primary ...

Recent News of IBM

MarketBeat7/13/2026Neutral (-0.109)

Procyon Advisors LLC Grows Stake in International Business Machines Corporation $IBM

Procyon Advisors LLC increased its stake in International Business Machines Corporation (NYSE:IBM) by 18.6% in the first quarter, according to a recent SEC filing. The firm now holds 15,571 shares worth approximately $3.77 million. This move is part of a broader trend, with several other institutional investors also adjusting their holdings in IBM, reflecting varied sentiments toward the technology giant's performance and future outlook, particularly in AI and quantum computing.

MarketBeat7/13/2026Neutral (-0.072)

Diversify Wealth Management LLC Increases Position in International Business Machines Corporation $IBM

Diversify Wealth Management LLC significantly increased its stake in International Business Machines Corporation (IBM) by 100.6% during the first quarter, now owning 39,808 shares valued at approximately $9.04 million. IBM is gaining attention for its advancements in AI and quantum computing, alongside strong Q1 earnings results, including an EPS of $1.91 and revenue of $15.92 billion, and a raised quarterly dividend of $1.69 per share. Despite some positive sentiment, analysts remain cautious ahead of IBM's Q2 earnings, citing potential pressures on consulting and mainframe businesses from AI, even as new growth areas expand.

MarketBeat7/13/2026Bullish (0.358)

Diversify Wealth Management LLC Has $8.78 Million Stock Holdings in RTX Corporation $RTX

Diversify Wealth Management LLC significantly increased its stake in RTX Corporation by 48.2% in the first quarter, holding 45,522 shares worth approximately $8.78 million. RTX reported strong first-quarter earnings and revenue, exceeding analyst estimates, and raised its full-year 2026 guidance. The company also announced a quarterly dividend of $0.73 per share, while analysts maintain a "Moderate Buy" consensus rating with a target price of $211.38.

MarketBeat7/13/2026Neutral (0.119)

Fifth Third Bancorp Grows Holdings in Starbucks Corporation $SBUX

Fifth Third Bancorp significantly increased its stake in Starbucks Corporation by 91.2% in the first quarter, now owning 452,354 shares worth over $40 million. Other major institutional investors like Vanguard Group, Capital World Investors, and State Street Corp also recently modified their holdings in Starbucks. Meanwhile, Starbucks' stock performance, insider transactions, analyst ratings, and dividend announcements are detailed, highlighting its financial health and market sentiment.

Kavout | AI7/13/2026Neutral (0.067)

SoundHound AI's Agentic Bet: Why the Market is Missing the Transactional Upside

SoundHound AI is undergoing a strategic pivot from basic voice AI to a comprehensive "agentic AI" platform, targeting complex, transaction-based automation across enterprise sectors. Despite robust Q1 2026 revenue growth of 52% and a strong balance sheet, the market remains concerned about operating losses and high valuation. The planned acquisition of LivePerson and the launch of the OASYS platform are expected to expand SoundHound's market presence and accelerate its path to profitability by integrating digital messaging and self-learning AI agents.

MarketBeat•7/13/2026

Procyon Advisors LLC Grows Stake in International Business Machines Corporation $IBM

Neutral (-0.109)

earnings

IBM: Somewhat-Bullish (0.300)

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MarketBeat•7/13/2026

Diversify Wealth Management LLC Increases Position in International Business Machines Corporation $IBM

Neutral (-0.072)

earnings

IBM: Somewhat-Bullish (0.305)

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MarketBeat•7/13/2026

Diversify Wealth Management LLC Has $8.78 Million Stock Holdings in RTX Corporation $RTX

Bullish (0.358)

financial markets

IBM: Somewhat-Bullish (0.334)

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MarketBeat•7/13/2026

Fifth Third Bancorp Grows Holdings in Starbucks Corporation $SBUX

Neutral (0.119)

earnings

IBM: Neutral (-0.122)

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Kavout | AI•7/13/2026

SoundHound AI's Agentic Bet: Why the Market is Missing the Transactional Upside

Neutral (0.067)

technology

IBM: Neutral (-0.109)

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MarketBeat•7/12/2026

Quantum Computing Stocks To Watch Today - July 12th

MarketBeat identified seven quantum computing stocks to watch on July 12th, including IonQ, D-Wave Quantum, Quantinuum, Quantum Computing, and Horizon Quantum Computing Pte. These companies were highlighted due to their high dollar trading volume in recent days, signifying growing interest in the quantum computing sector. The article underscores quantum computing's shift from research to early commercial adoption, driven by the increasing computational demands of AI and other advanced applications.

Somewhat-Bullish (0.175)

International Assets Investment Management LLC Acquires 3,641 Shares of International Business Machines Corporation $IBM

International Assets Investment Management LLC increased its stake in International Business Machines Corporation by 32.2% during the first quarter, adding 3,641 shares to own a total of 14,947 shares valued at $3,634,000. Other institutional investors also adjusted their positions in IBM. The article also provides details on IBM's recent stock performance, financial metrics, increased dividend, and analyst ratings, alongside key news impacting the company, particularly its advancements in quantum computing and AI.

The Fintech Times•7/12/2026

SEI Appoints Matt Provencher to New Global Professional Services Role

SEI (NASDAQ: SEIC) has appointed Matt Provencher as global head of enterprise professional services, a new role designed to scale its professional services capabilities globally. Provencher will report to Sanjay Sharma, CEO of SEI International, and will be responsible for building a scalable delivery model for SEI’s platforms and services, including areas like the SEI Data Cloud, AI, and cybersecurity. This appointment signifies SEI's strategic move to become a full-stack transformation partner, aligning with a broader industry trend where platform vendors are enhancing professional services to offer comprehensive solutions to clients.

Bullish (0.358)

finance

IBM: Somewhat-Bullish (0.250)

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MarketBeat•7/11/2026

Swedbank AB Increases Stock Position in IonQ, Inc. $IONQ

Swedbank AB recently increased its holdings in IonQ, Inc. by 147.7%, bringing its stake to 149,503 shares valued at approximately $4.31 million. Other institutional investors also adjusted their positions, with hedge funds and institutions collectively owning 41.42% of IonQ stock. Despite some insider selling, analysts generally rate IonQ as a "Moderate Buy" with a consensus target price of $69.88, even though the stock traded down -$1.87 to $42.90 on Friday.

Somewhat-Bullish (0.167)

USS Investment Management Ltd Buys 542,626 Shares of Amazon.com, Inc. $AMZN

USS Investment Management Ltd significantly increased its stake in Amazon.com, Inc. by 20.4% in the first quarter of 2026, purchasing an additional 542,626 shares and bringing its total holdings to 3.2 million shares valued at approximately $665.8 million. Institutional ownership of Amazon remains high at 72.20%, and Wall Street analysts maintain a positive outlook with 57 Buy ratings, three Holds, and a consensus price target of $312.79. However, the article also notes investor caution regarding Amazon's heavy capital expenditure and rising debt, despite its strong AI/data-center buildout and attractive valuation.

The Globe and Mail•7/11/2026

Rackspace Technology (RXT) Gets a Hold from RBC Capital

RBC Capital analyst David Paige maintained a Hold rating on Rackspace Technology (RXT) with a price target of $4.00, following the company's shares closing at $4.37. TipRanks notes that Paige has a strong success rate with recommended stocks. Rackspace Technology also received a maintained Hold rating from UBS with a $5.70 price target, and reported quarterly revenue of $678.1 million and a net profit of $8.3 million for the quarter ending March 31.

Simply Wall Street•7/10/2026

Will SEI’s Q2 2026 Results and High ROE Shape SEI Investments' (SEIC) Efficiency-Led Narrative

SEI Investments recently reported continued revenue and EPS growth along with strong return on equity, and is preparing for its Q2 2026 earnings release. The company's consistent earnings growth, operational efficiency, and high ROE reinforce its position in outsourced financial services, but investors are watching to see if technology investments and AI initiatives impact margins. The upcoming earnings call on July 22 will be key to understanding whether these positive trends can be sustained amid increased spending.

Somewhat-Bullish (0.216)

earnings

IBM: Neutral (0.115)

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Simply Wall Street•7/10/2026

International Business Machines (NYSE:IBM) Stock Forecast & Analyst Predictions

IBM is forecast to grow earnings by 6% and revenue by 4.5% annually, with EPS increasing by 4.8%. The company's recent strategic initiatives are focused on AI, quantum computing, and hybrid cloud solutions, including new AI-powered development platforms like IBM Bob, advanced chip technology, and acquisitions like Confluent. Analysts have mixed views, balancing the potential of these high-growth areas against execution risks and valuation concerns.

IBM (IBM) Stock May Be 17% Below Fair Value After Chip Breakthrough

IBM stock appears undervalued based on Discounted Cash Flow (DCF) and earnings multiples, despite having delivered a strong 175% return over the past five years. The DCF model suggests a 16.7% intrinsic discount, valuing the stock at $362 per share against a current price of $302. However, a broader set of valuation checks and high uncertainty from options pricing indicate the undervaluation is not straightforward, with both bull and bear cases existing for the company's future.

Somewhat-Bullish (0.311)

earnings

IBM: Somewhat-Bullish (0.337)

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Finbold•7/10/2026

Wall Street analyst sets IBM stock price target for 12 months

A Wall Street analyst from Susquehanna, James Friedman, has initiated a neutral rating for IBM (NYSE: IBM) with a 12-month price target of $303, suggesting a 2.6% upside from its current price. Friedman highlights strong AI bookings and software growth but expresses concerns about the Consulting division's vulnerability to automation. The broader consensus among 18 analysts surveyed by TipRanks is a moderate Buy rating with an average target of $302.94.

Somewhat-Bullish (0.185)

finance

IBM: Somewhat-Bullish (0.214)

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Stock Titan•7/10/2026

U.S. government races to zero trust as AI reshapes cyber defense

The U.S. public sector is rapidly adopting zero trust security architectures and integrating AI into cyber defense strategies, driven by federal mandates and increasing sophistication of cyber threats. A new ISG report highlights this shift towards identity-centric security, continuous authentication, and leveraged managed security services to address workforce shortages and enhance resilience. The report also identifies top providers in strategic, technical, and next-gen SOC/MDR services, with EY recognized for exceptional customer experience.

Somewhat-Bullish (0.340)

technology

IBM: Somewhat-Bullish (0.348)

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Moomoo•7/10/2026

Dow's 190-Point Drop Led By Losses For IBM, Boeing Shares

This article reports on a 190-point drop in the Dow Jones Industrial Average, primarily attributed to significant losses in IBM and Boeing shares. The decline indicates a challenging day for the index, driven by underperformance from these key components.

Bearish (-0.385)

financial markets

IBM: Bearish (-0.428)

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MarketBeat•7/10/2026

International Business Machines (NYSE:IBM) Coverage Initiated at Susquehanna

Susquehanna has initiated coverage on International Business Machines (NYSE:IBM) with a "neutral" rating and a $303 price target, indicating a modest potential upside. This comes after IBM reported strong earnings, beating expectations with an EPS of $1.91 and revenue of $15.92 billion, marking a 9.5% year-over-year increase. Despite positive developments in enterprise AI and cybersecurity, including new product launches and software upgrades, there are some near-term concerns regarding customer loyalty and upcoming earnings.

IBM: Neutral Rating with $303 Price Target Set by Susquehanna

Susquehanna has initiated coverage on IBM with a Neutral rating and a $303 price target, citing potential benefits from quantum computing and the Watsonx AI segment, alongside sustainable double-digit growth in its software division. While IBM shows strong potential for long-term returns with a GF Score of 80/100 and recent insider purchases, its current P/E ratio suggests a premium valuation, and the firm expresses caution regarding the consulting segment and broader industry challenges. Investors should weigh the company's technological advancements against its high valuation and industry headwinds.

Neutral (-0.082)

earnings

IBM: Neutral (-0.078)

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Investing.com•7/10/2026

Susquehanna initiates IBM stock coverage at Neutral on consulting concerns

Susquehanna has initiated coverage on IBM (NYSE:IBM) with a Neutral rating and a price target of $303.00, expressing concerns about its consulting division due to automation and industry oversupply. Despite positive aspects like its leading quantum computing business and strong software growth, IBM's stock valuation is currently high compared to historical averages and the S&P 500. The company continues to advance in AI and quantum computing but faces potential competition in certain software areas.

Simply Wall Street•7/10/2026

Will Russell Growth Index Additions Change Bank of N.T. Butterfield & Son's (NTB) Investment Narrative?

The Bank of N.T. Butterfield & Son Limited (NTB) was recently added to several Russell growth and small-cap indices, including the Russell 3000 Growth Benchmark, which could increase its visibility among institutional investors. While this index inclusion enhances visibility and liquidity, the core investment narrative for NTB still revolves around its ability to sustain earnings quality amid potential deposit outflows and manage concentrated exposures. Investors are urged to consider the concentration risk of large deposits despite positive index and earnings news.

Summit Securities Group LLC Raises Stock Position in International Business Machines Corporation $IBM

Summit Securities Group LLC significantly increased its stake in International Business Machines (IBM) by over 6,300% in the first quarter of 2026, holding shares valued at approximately $12.4 million. This comes as IBM reported strong quarterly results, exceeding revenue and earnings expectations, and raised its quarterly dividend. The article also notes other institutional investor activities, IBM's price performance, and recent news impacting the company, including advancements in AI and quantum computing, alongside some cautionary developments.

Y Intercept Hong Kong Ltd Sells 116,818 Shares of Patterson-UTI Energy, Inc. $PTEN

Y Intercept Hong Kong Ltd significantly reduced its stake in Patterson-UTI Energy (NASDAQ:PTEN) by 40.2% in the first quarter, selling 116,818 shares and retaining 173,716 shares valued at $1.88 million. Despite this, other institutional investors have increased their holdings, and analysts have adjusted price targets with a consensus "Hold" rating. Insider selling by executives and a recent quarterly dividend payout of $0.10 per share were also noted.

Kestra Advisory Services LLC Raises Stake in International Business Machines Corporation $IBM

Kestra Advisory Services LLC has significantly increased its stake in International Business Machines (IBM) by 27.1% during the first quarter, now holding 238,449 shares valued at $57.8 million. This surge in investment coincides with IBM's focus on new AI and infrastructure initiatives, including upgrades to its Bob software platform and expanded cybersecurity partnerships. Despite positive product news, IBM's stock experienced a 2.4% dip, with investors anticipating the company's second-quarter results on July 22.

International Business Machines Corporation $IBM Stock Holdings Lessened by Ibex Wealth Advisors

Ibex Wealth Advisors significantly reduced its stake in International Business Machines (IBM) by 36.2% in the first quarter, selling over 15,000 shares. Despite this, IBM has been active with AI, infrastructure, and quantum computing updates, including enhancements to its Bob platform and new z17/LinuxONE systems. The company recently increased its quarterly dividend and received a "moderate buy" consensus rating from analysts with a target price of $306.47.

Hsbc Holdings PLC Buys 112,332 Shares of Sunstone Hotel Investors, Inc. $SHO

HSBC Holdings PLC increased its stake in Sunstone Hotel Investors by 23.1% in Q4, purchasing 112,332 additional shares to own a total of 598,257 shares valued at $5.35 million. Sunstone Hotel Investors exceeded quarterly expectations with an EPS of $0.27 and revenue of $259.71 million, representing 10.9% year-over-year growth. The company also declared a quarterly dividend of $0.09 per share, payable on July 15th, offering an annualized yield of 3.2%.

Somewhat-Bullish (0.157)

First Horizon Corp Buys 36,178 Shares of International Business Machines Corporation $IBM

First Horizon Corp increased its stake in International Business Machines Corporation (NYSE:IBM) by 40.5% in the first quarter, purchasing an additional 36,178 shares to own a total of 125,616 shares valued at $30.45 million. Other institutional investors also adjusted their positions in IBM. The company recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.

Neutral (-0.048)

earnings

IBM: Somewhat-Bullish (0.286)

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CSO Online•7/10/2026

Check Point CTO Jonathan Zanger sees AI elevating the value of cyber

Jonathan Zanger, CTO of Check Point, discusses how AI is dramatically changing the cybersecurity landscape, both for defenders and attackers. He highlights AI's ability to scale defense operations and make them more efficient, while also noting that malicious actors are using AI to make sophisticated attacks more accessible. Zanger emphasizes the critical need to integrate security from the outset of

Somewhat-Bullish (0.259)

technology

IBM: Somewhat-Bullish (0.176)

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Yahoo Finance Australia•7/10/2026

Apple Announces $30 billion Multi-year Chip Deal With Broadcom (AVGO)

Apple has announced a multi-year chip deal with Broadcom worth over $30 billion, marking it as the largest U.S. manufacturing commitment to date. This agreement includes the production of more than 15 billion U.S.-made chips and a $1.5 billion expansion of Broadcom's facility in Fort Collins, Colorado. Despite an analyst downgrade to "Hold" due to valuation concerns, 93% of surveyed analysts still recommend Broadcom as a "Buy" with an average price target significantly above its current trading price.

Somewhat-Bullish (0.316)

technology

IBM: Neutral (0.136)

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Yahoo Finance•7/10/2026

Apple Announces $30 billion Multi-year Chip Deal With Broadcom (AVGO)

Apple has announced a multi-year chip deal with Broadcom valued at over $30 billion, aiming to produce more than 15 billion U.S.-made chips. This commitment also includes a $1.5 billion expansion of Broadcom's facility in Fort Collins, Colorado, extending their partnership until 2031 for custom chip development and supply. Despite a recent downgrade by an analyst due to valuation concerns, Broadcom holds a strong buy rating from most analysts.

Somewhat-Bullish (0.253)

Hewlett Packard Enterprise Co. stock outperforms competitors on strong trading day

Hewlett Packard Enterprise Co. stock saw a significant gain of 1.63% on a robust trading day, closing at $18.66. This performance allowed it to surpass its competitors like Apple Inc. and International Business Machines Corp., despite the broader market indices also closing higher.

Somewhat-Bullish (0.301)

financial markets

IBM: Somewhat-Bullish (0.229)

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TradingKey•7/9/2026

Fortinet Inc Stock (FTNT) Moved Up by 4.31% on Jul 9: What Investors Need To Know

Fortinet Inc. (FTNT) saw its stock rise by 4.31% on July 9th, driven by new product announcements for AI data centers, a shift towards recurring software revenue, and increased demand in the AI infrastructure sector. Despite short-term selling pressure from index rebalancing and elevated valuations, investor optimism is high due to the company's expanding hardware and software solutions and its operational pivot towards highly profitable recurring revenue. However, the stock faces risks including severe vulnerability exploitation, ransomware campaigns, Wall Street downgrades, and significant insider divestment.

Neutral (-0.072)

financial markets

IBM: Neutral (-0.138)

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Yahoo Finance•7/9/2026

ManpowerGroup (MAN) Launches IBM Built AI Workflow Tool Through Experis

Experis, a ManpowerGroup brand, has launched ExcelerateWorkflow, an AI-powered solution built with IBM watsonx Orchestrate, aiming to transition clients from AI experimentation to practical adoption with a focus on governance and human oversight. This move positions ManpowerGroup to play a larger role in how corporate clients manage work by integrating AI into hiring, onboarding, and internal operations, alongside its core staffing business. Investors will monitor the adoption and impact of this offering on the company's financial performance.

Somewhat-Bullish (0.246)

earnings

IBM: Somewhat-Bullish (0.235)

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Business Wire•7/9/2026

CoreWeave Named a Visionary in the 2026 Gartner® Magic Quadrant™ for Cloud AI Infrastructure

CoreWeave, Inc. (Nasdaq: CRWV) has been recognized as a Visionary in the 2026 Gartner® Magic Quadrant™ for Cloud AI Infrastructure, acknowledging its Ability to Execute and Completeness of Vision. The company attributes this recognition to the real-world performance of CoreWeave Cloud under demanding AI workloads, such as those from foundation model providers like Mistral AI and IBM. CoreWeave emphasizes its vertical integration, workload-specific optimization, and tools for accelerating experimentation to production as key differentiators in the AI cloud market.

Somewhat-Bullish (0.290)

technology

IBM: Somewhat-Bullish (0.230)

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Los Angeles Times•7/9/2026

Starbucks bets on AI to replace Microsoft and IBM software

Starbucks is leveraging AI to develop in-house software tools, aiming to replace existing applications from vendors like Microsoft and IBM. This move is part of a broader company effort to cut costs, with Starbucks spending approximately $400 million annually on software. While building internal tools can be cheaper initially, long-term maintenance and labor costs could increase.

Somewhat-Bearish (-0.190)

retail wholesale

IBM: Bearish (-0.418)

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Yahoo Finance•7/9/2026

Starbucks Develops AI Software to Reduce Reliance on Microsoft and IBM, Report Says (SBUX)

Starbucks is reportedly developing its own AI-powered software to replace enterprise applications from Microsoft and IBM, aiming to cut significant costs. This initiative is part of Starbucks' broader strategy to streamline operations, reduce its $400 million annual software spending, and decrease reliance on external vendors, with some internally built applications potentially ready by next year. The company is actively promoting AI adoption among its tech employees and has already reduced its enterprise technology budget and workforce.

Neutral (-0.083)

retail wholesale

IBM: Somewhat-Bearish (-0.218)

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TradingView•7/9/2026

AI Storage Tailwinds Lift STX Shares 506% in a Year: More Upside Left?

Seagate Technology Holdings plc (STX) has seen remarkable growth of 505.6% over the past year due to increasing demand for data storage solutions driven by the AI boom. The company's investment in HAMR technology, particularly its Mozaic 4 and upcoming Mozaic 5 drives, positions it strongly in the high-capacity HDD market for hyperscale data centers. Despite concerns about market valuation and cyclical industry risks, Seagate's strong cash flow, dividend policy, and strategic focus on AI-led demand suggest potential for continued upside.

Somewhat-Bullish (0.269)

IBM Stock Drops After Report That Starbucks Is Using AI to Cut Its $400 Million Software Bill

Shares of International Business Machines Corporation (IBM) dropped after reports indicated that Starbucks is developing in-house AI tools to reduce its reliance on third-party software vendors, including IBM. Starbucks aims to cut its substantial $400 million annual software bill, with internal reports highlighting a focus on replacing an IBM maintenance tool with AI-assisted alternatives. This move is part of Starbucks' broader effort to achieve $2 billion in cost savings.

Neutral (-0.060)

technology

IBM: Bearish (-0.403)

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Fortune•7/9/2026

Starbucks taps AI to cut reliance on Microsoft, IBM software

Starbucks is leveraging artificial intelligence to develop in-house software tools, aiming to reduce its dependence on external vendors like Microsoft and IBM. The coffee chain plans to replace systems for inventory tracking and maintenance management, potentially rolling out these AI-powered alternatives by next year. This strategic shift is part of Starbucks' broader effort to cut $2 billion in costs, driven by the increasing ease of developing applications with AI, which could impact major software companies.

Bearish (-0.426)

technology

IBM: Bearish (-0.420)

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Business Wire•7/9/2026

Gartner Announces Gartner IT Symposium/Xpo, October 19-22, in Orlando

Gartner has announced its IT Symposium/Xpo 2026, scheduled for October 19-22 in Orlando, Florida. This event will gather over 7,000 CIOs and senior IT leaders to discuss the future of IT and business, with a central theme of "Ignite Intelligence" focusing on human ingenuity combined with AI. The symposium will feature over 140 Gartner experts and 180 solution providers across 350+ sessions, including special programming for various executive roles.

Somewhat-Bullish (0.283)

technology

IBM: Somewhat-Bullish (0.224)

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Casino.org•7/9/2026

Icahn Ally Mather Departs Caesars Board

Courtney Mather, an ally of Carl Icahn, has resigned from Caesars Entertainment's board of directors, effective Tuesday. This departure comes as Carl Icahn is reportedly attempting a takeover bid for Caesars, potentially competing with a $17.6 billion offer from Tilman Fertitta. Mather had previously joined the Caesars board in 2019 as part of Icahn's push for control and played a key role in the 2020 acquisition by Eldorado Resorts.

Neutral (0.105)

mergers and acquisitions

IBM: Neutral (0.126)

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Moomoo•7/9/2026

Market Chatter: Starbucks Developing AI Tools to Replace Some Microsoft, IBM Applications

Starbucks is reportedly developing its own internal AI-powered tools as part of Project Delphi, aiming to replace certain applications currently provided by Microsoft and IBM. The coffee giant is creating an AI assistant for store managers and an internal search engine, among other applications. This move is expected to enhance efficiency and consolidate its technology stack.

Neutral (0.025)

retail wholesale

IBM: Neutral (-0.109)

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Investing.com•7/9/2026

Why is International Business Machines stock sliding today?

International Business Machines (IBM) stock is down 4.0% in pre-open trading due to competitive concerns, primarily Starbucks' plan to develop in-house AI software tools to replace vendor applications like IBM's maintenance management system as part of a $2 billion cost-reduction initiative. This amplifies investor worries that enterprise customers, leveraging generative AI, might reduce reliance on traditional software vendors, threatening IBM's high-margin business model. The slide is compounded by renewed U.S.-Iran geopolitical tensions affecting tech stocks and pre-earnings caution ahead of IBM's Q2 report on July 22.

FTI Consulting•7/9/2026

Navigating Data Centre Investment Risks in Southeast Asia

Southeast Asia is experiencing a data center boom driven by AI demand, but investors face significant challenges beyond what traditional Western market due diligence can address. The article highlights critical risks including geopolitical complexities, resource constraints (power, water, community impact), and technological obsolescence, which can undermine project viability and returns. Success requires sophisticated planning, a holistic risk framework, and a nuanced understanding of local operational realities rather than just demand forecasts.

Neutral (-0.087)

technology

IBM: Neutral (-0.118)

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Investing.com•7/9/2026

IBM stock falls on concerns over AI-driven software competition

IBM shares fell 2.5% in premarket trading after news that Starbucks is developing in-house AI tools to replace software from vendors like IBM and Microsoft. This move is part of Starbucks' broader turnaround effort to cut $2 billion in costs, raising concerns about increasing competition from customer-built AI-powered solutions for software companies. The development highlights a growing trend where customers are building proprietary software, potentially impacting leading software providers.

Somewhat-Bearish (-0.183)

technology

IBM: Bearish (-0.396)

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GuruFocus•7/9/2026

IBM Enhances Software Development Platform with AI Capabilities

IBM has introduced significant AI-driven enhancements to its IBM Bob platform, focusing on multi-agent functionality, integrated AI analytics for cost and usage, and pre-configured workflows to modernize enterprise systems. These updates are strategically designed to address bottlenecks in software development's review and validation stages, shifting AI's role beyond code generation to optimizing productivity and cost-efficiency. IBM's strong GF Score™ of 80/100 and recent insider buys indicate confidence in the company's performance, despite a P/E ratio suggesting a premium valuation.

Investing.com•7/9/2026

Starbucks working on AI tools to replace Microsoft and IBM software - report

Starbucks is developing its own AI-powered software tools to replace applications currently purchased from Microsoft and IBM, aiming to cut approximately $400 million in annual software spending. This initiative is part of a broader cost-reduction effort and includes building alternatives for inventory tracking and maintenance management systems. The company is actively encouraging AI usage among tech workers and has already reduced its enterprise technology budget by about $30 million in the current fiscal year.

Neutral (-0.057)

retail wholesale

IBM: Somewhat-Bearish (-0.224)

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Bloomberg.com•7/9/2026

Starbucks Taps AI to Reduce Reliance on Microsoft, IBM Software

Starbucks is leveraging artificial intelligence to develop its own internal software tools, aiming to reduce its dependence on existing applications from companies like Microsoft and IBM. The coffee giant is creating alternatives for

Simply Wall Street•7/9/2026

How Index Exit and Rising Institutional Stakes May Reshape EPAM Systems’ (EPAM) AI-Focused Investment Narrative

EPAM Systems was recently removed from two Russell 1000 indices, yet simultaneously saw major institutional investors increase their stakes. This dynamic, combined with EPAM's reinforced focus on AI engineering and digital transformation, is altering its investment narrative. The article examines how these factors might influence EPAM's future in the competitive AI services market, highlighting its partnership with Anthropic and future revenue projections.

First fully agentic ransomware attack sparks readiness concerns

The first fully AI-driven ransomware attack, dubbed JadePuffer, was identified by the Sysdig Threat Research Team, exploiting a vulnerability in Langflow to autonomously encrypt a production database. While the individual techniques weren't novel, the AI's ability to adapt and execute an end-to-end operation signals a shift toward faster, larger-scale attacks. Experts emphasize that rapid detection and response to known vulnerabilities are crucial, as AI agents will accelerate the exploitation of unpatched systems rather than introducing fundamentally new attack methods.

Neutral (-0.048)

technology

IBM: Neutral (-0.113)

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