International Business Machines Corp
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Information Technology : IT Services | Large Cap Value
Company profile

International Business Machines Corporation (IBM) is a technology company engaged in providing hybrid cloud and artificial intelligence (AI) solutions. It offers integrated solutions and products that use data and information technology (IT) in industries and business processes. Its segments include Software, Consulting, Infrastructure and Financing. Software segment consists of two business areas: Hybrid Platform & Solutions, which includes software to help clients operate, manage, and optimize their IT resources and business processes within hybrid, multi-cloud environments, and Transaction Processing, which includes software that supports clients’ mission-critical, on-premises workloads in various sectors. Consulting segment is engaged in business transformation, technology consulting and application operations. Infrastructure segment is engaged in hybrid infrastructure and infrastructure support. Financing segment is engaged in client financing and commercial financing business.

Closing Price
$148.37
Day's Change
-0.38 (-0.26%)
Bid
--
Ask
--
B/A Size
--
Day's High
149.49
Day's Low
148.10
Volume
(Light)
Volume:
2,075,156

10-day average volume:
4,506,100
2,075,156

Crypto company stocks spike higher as bitcoin jumps back above 22,000

11:42 am ET July 18, 2022 (MarketWatch)
Print

Shares of companies in the cryptocurrency business powered higher Monday, after bitcoin rallied toward a fourth-straight gain, and the first close above the 22,000 in a month. Among those that are all about crypto, shares of Marathon Digital Holdings Inc. (MARA) shot up 23.3%, Riot Blockchain Inc. (RIOT) ran up 18.3% and Coinbase Global Inc. (COIN) climbed 13.8%. Among other companies with significant crypto exposure, MicroStrategy Inc.'s stock (MSTR) jumped 11.2% and Signature Bank (SBNY) surged 3.9%. Meanwhile, bitcoin charged up 6.6% to $22,183, and has soared 14.6% in four sessions since closing at a 19-month low on July 12, toward the highest close since July 15. The cryptocurrency has still plunged 45.6% over the past three months while the S&P 500 has declined 12.9%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

July 18, 2022 11:42 ET (15:42 GMT)

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