IBM revealed its roadmap for a powerful, fault-tolerant quantum computer arriving by 2029. The major technology announcement immediately is sending the company's stock higher Tuesday.
The collaboration, which initially focused on demand forecasting and stock optimization, has broadened to support Fedrigoni’s company-wide digital transformation.
According to an internal memo viewed by CNBC, the layoffs will impact employees across divisions, and some non-U.S. staff may be affected in the future.
The ‘IBM Quantum Blue Jay’ system, expected sometime after 2033, will build on Starling’s architecture and be capable of executing one billion quantum operations using 2,000 logical qubits.
Quantum computing could change the world over the coming decades. It's not too early to think about how to profit from this generational technological leap.
The stocks featured in this article are seeing some big returns.
Over the past month, they’ve outpaced the market due to new product launches, positive news, or even a dedicated social media following.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at it services & consulting stocks, starting with IBM (NYSE:IBM).
Business services providers play a critical role for enterprises, assisting them with everything from new hardware integrations to consulting and marketing. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check,
and over the past six months, the industry has tumbled by 9%. This drawdown was worse than the S&P 500’s 1.9% decline.
