Industry

Top Technology Stock Picking: International Business Machines Corporation (IBM), salesforce.com, inc. (CRM)

International Business Machines Corporation (IBM) ended last trading session with a change of -0.77 percent. It trades at an average volume of 3.59M shares versus 3.48M shares recorded at the end of last trading session. The share price of $176.46 is at a distance of 30.07 percent from its 52-week low and down -3.46 percent versus its peak. The company has a market cap of $167.39B and currently has 948.61M shares outstanding. The share price is currently -2.06 percent versus its SMA20, 1.28 percent versus its SMA50, and 10.5 percent versus its SMA200. The stock has a weekly performance of -2.22 percent and is 7.15 percent year-to-date as of the recent close.

March 13, 2017 — Arthritis Research UK and International Business Machines Corporation (IBM) announced the development of a Watson-powered ‘virtual personal assistant’ to provide information and advice to people living with arthritis. The charity has teamed up with IBM to ensure people seeking help will have access to personalised information from the Arthritis Research UK website, delivered in a form that feels like a natural conversation. The service will be accessible on mobile phones and computers, without the need to download an app. There are currently 300 people with arthritis helping Arthritis Research UK to test and feedback before it is launched publicly on the charity’s website later this year.

salesforce.com, inc. (CRM) recently recorded 0.12 percent change and currently at $83.61 is 25.86 percent away from its 52-week low and down -1.03 percent versus its peak. It has a past 5-day performance of 1.35 percent and trades at an average volume of 4.89M shares. The stock has a 1-month performance of 3.18 percent and is 22.13 percent year-to-date as of the recent close. There were about 705.55M shares outstanding which made its market cap $58.99B. The share price is currently 1.85 percent versus its SMA20, 6.6 percent versus its SMA50, and 8.59 percent versus its SMA200.

On March 7, 2017 salesforce.com, inc. (CRM) announced Einstein AI is available to all of its customers across sales, service, marketing, commerce and more. Part of Spring ’17, Salesforce’s 52nd major product release in 18 years, Einstein is already being leveraged by customers to deliver smarter, more impactful customer experiences, and by developers to bring AI into the next generation of customer relationship management (CRM) apps.

 

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