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FLNT News7 articles
IBM Gains Premarket as BofA Sees Confluent Synergy Lifting Software Revenue
IBM shares climbed in premarket trading after BofA Securities boosted its price target to $330, highlighting Confluent's revenue potential and software growth.
IBM Stock Rally Narrows Gap to Analyst Target Amid BofA Optimism on Confluent
IBM shares surged 3.45% to $299.52, narrowing the gap to the consensus target. BofA raised its target to $330, citing growth from Confluent and free cash flow.
IBM Completes $11 Billion Confluent Acquisition, Stock Trading Halted
IBM has finalized its $11 billion acquisition of Confluent Inc., with the data-streaming company's shares ceasing public trading at the agreed $31 per share cash price.
IBM Completes $11B Confluent Acquisition to Fuel AI and Hybrid Cloud Strategy
IBM has finalized its $11 billion acquisition of Confluent, integrating the data-streaming platform into its AI and hybrid cloud portfolio. The deal is expected to boost adjusted earnings within the first year.
Robinhood Debuts High-Fee Platinum Card in Bid for Affluent Investors
Robinhood Markets introduced an invite-only Platinum credit card with a $695 annual fee and expanded into family wealth planning with custodial and trust accounts. The move aims to attract wealthier clients and reduce reliance on volatile trading revenue.
IBM Holds Near $300 as Key Events Loom: Confluent Vote, CPI Data Ahead
IBM shares gained 3.1% to $298.93 on Friday, outpacing major tech peers. Investors are focused on the upcoming shareholder vote for its $11 billion Confluent acquisition and the January CPI report.
IBM Shares Surge 3% Ahead of Key Confluent Vote and Dividend Date
IBM stock climbed 3.1% to $298.93 on Friday, buoyed by a new defense contract and anticipation of upcoming shareholder events. The gain outpaced several tech peers as markets rebounded.