Kyndryl Holdings, Inc. Stock News

Kyndryl Foundation's inaugural grants aim to grow an inclusive cybersecurity workforce and make nonprofits more resilient from cyberattacks NEW YORK , March 19, 2024 /PRNewswire/ -- Kyndryl Foundation

NEW YORK , March 4, 2024 /PRNewswire/ -- Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced an expanded, multi-year agreement with Stellantis to manage and op

NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced it has been named a Leader in the IDC MarketScape: Worldw

Service will streamline connectivity between public and private 5G networks to provide enhanced, 24/7 connectivity for Industry 4.0 and enterprises NEW YORK , Feb. 26, 2024 /PRNewswire/ --  Kyndryl �

Alliance will provide managed edge-to-cloud and networking services to help customers transform their IT and accelerate digital initiatives NEW YORK , Feb. 26, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD),

NEW YORK , Feb. 22, 2024  /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today announced that Chairman and Chief Executive Officer Martin

Alliance provides customers with cyber resiliency services for improved business continuity, reduced costs and increased agility NEW YORK , Feb. 21, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world

Kyndryl Holdings, Inc. (KD) Q3 2024 Earnings Call Transcript

Kyndryl Holdings, Inc. (KD) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.10. This compares to loss of $0.47 per share a year ago.

Consultants are back in business as demand for IT spending jumps. Kyndryl (KD) stock price has surged to its highest point since November 2021 after jumping by over 169% from its lowest point in 2022.

At the end of December, Bloomberg reported that almost $17 billion in software-related distressed debt was trading significantly below 100 cents on the dollar. This suggests that 2024 could be the yea

Despite a rocky start with a significant drop in stock value, Kyndryl's shares started a solid recovery with an 87% gain in 2023. Early shareholders worried about Kyndryl's position as a low-margin bu

Kyndryl doesn't appear to be all that great a business on the surface, but there could be value underneath. The old managed infrastructure unit of IBM is figuring out how to turn a more robust profit

IBM stock has surged this year, but it's been trending lower for more than a decade as its turnaround progressed at a sluggish pace. Through divestitures and acquisitions, IBM is now focused on its hy

The tech sector has come back in favor lately. However, while there are plenty of high-quality tech stocks to buy, there are many doomed tech stocks that are best to avoid as well.