International Business Machines Stock News

Hiring action in Indias tech sector continues to remain buoyant, undeterred by the steep climb of the third Covid-19 wave.In the first week of 2022, the sector put out more than 70,000 active job openings, according to data from LinkedIn put together for ET by specialist staffing firm Xpheno. This is despite the first few days after holidays being typically a slow period when most companies restart action. If the current hiring action is sustained into the rest of January, the number of open job positions is likely to cross Decembers figure of 253,000, thus making it the strongest in over two years, according to Xpheno estimates.Top technology company executives said they expect a minimal impact on their hiring plans as clients across sectors continue to accelerate their digitisation drive to enhance productivity and save cost. In spite of an increasing threat of Omicron, 2022 has begun on a positive note for hiring action, Xpheno cofounder Kamal Karanth said. Considering the Jan-Mar quarter is generally a buoyant quarter for jobs, the action in IT hiring may not slow down any sooner, he added.Top companies with fresh job postings in the first week of the month included Accenture, IBM, Genpact, Dell, Zensar, Salesforce and Oracle, showed the data.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. There is a trend of low-code developers building software solutions for businesses that can be scaled without the need for expensive development. Vantiq is one of those providers, but the Walnut Creek, California-based company is now taking low code a step further for retailers. The company''s Smart Retail Development Framework, introduced Thursday, will be on display at the IBM booth at the National Retail Federation''s Big Show on Jan. 18-20 in New York City. The framework takes many of Vantiq''s existing software modules and enables retailers to mix and match the blocks they need to meet their unique needs in a single, scalable solution. "The concept is that we want to prepackage parts of applications and even fully developed parts of retail use cases [to create products and enable in-house digital transformation for brands]," David Spinzen, vice president of marketing for Vantiq, told Modern Shipper.

Tech companies including Google, Amazon, Facebook, IBM, and Microsoft will meet at the White House to discuss open-source software security in the wake of the major Log4j vulnerability.

The Nasdaq indexes outperformed as beaten down stocks scored the biggest gains. The Dow Jones lagged, hurt by a sell-off in IBM.

JNPR rose on a double upgrade. IBM received a Sell rating. ILMN rose on guidance. Signs of softening sales weighed on shares of BIG.

IBM announced this morning that it has acquired Australian startup Envizi to add to its package of ESG (environmental, sustainability and governance) offerings to help measure environmental impact up and down the supply chain. The companies did not share the terms of the acquisition, but with Envizi Big Blue gets a platform for measuring, managing []

International Business Machines Corp (NYSE: IBM ) is trading lower Tuesday morning following bearish analyst coverage from UBS. UBS analyst David Vogt downgraded IBM from a Neutral rating to a Sell rating Full story available on Benzinga.com

Jim''s thoughts on the news and big analyst calls of the day.

Here are the biggest calls on Wall Street on Tuesday.

IBM (IBM) has acquired data analytics software provider Envizi for an undisclosed amount.Envizi specializes in data and analytics software for sustainability and energy

IBM (IBM) is being downgraded to sell from neutral at UBS, as the investment firm is lowering earnings estimates as a result of the Kyndryl spin-off and an

Monday''s top analyst upgrades and downgrades included Airbnb, AT&T, Duke Energy, Etsy, FirstEnergy, Gap, IBM, KeyCorp, Kohl''s, Las Vegas Sands, Nvidia, Starbucks, Trade Desk, Visa.