Guggenheim analyst initiates coverage on Kyndryl with a Buy rating and a price forecast of $30. Kyndryl has executed a ...

Kyndryl (KD) was in focus on Wednesday as Guggenheim started coverage on the tech company with a Buy rating and $30 price ...

Kyndryl Holdings reported a slight drop in second-quarter revenue on Tuesday, as the former IBM unit works to reduce and renegotiate inherited contracts that have hampered margins. The company, ...

Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced new AI-powered ...

What Happened? Shares of IT infrastructure services provider Kyndryl (NYSE:KD) jumped 1.7% in the afternoon session after ...

After spinning off the legacy managed infrastructure services business, IBM's software and consulting business accounted for 75% of group revenue, and more than half of its group revenue is recurring ...

IBM still brings the “big” to its moniker Big Blue. IBM is one of the world’s largest IT services companies, the dominant provider of mainframes and a prominent player in the public cloud, data ...

Use cases for agentic AI in legacy IT systems are expanding as companies turn to the technology to manage and modernize ...

On Nov. 4, IBM completed its spin-off of its managed infrastructure business, Kyndryl, and, in turn, forfeited its spot as the number one IT services firm in terms of revenue to Accenture, according ...

Kyndryl Holdings Inc. (NYSE:KD) was spun off of IBM on Oct. 25, 2021. The phrase "spun off" may be too charitable, however, and right word might be "discarded" given the stock has fallen from $40 to ...

‘What we’ve been talking about, particularly this year, is engineering a decline in revenue to get rid of either low-[margin] or no-margin businesses that we inherited in the [spin-out from IBM]. ...

Kyndryl's stock jumps after beating second-quarter earnings forecasts. Strategic "three-A" initiatives are key to Kyndryl's improved financial performance. With an appealing price-to-sales ratio and ...