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First Trust Exchange-Traded Fund IV

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IBM shares are trading higher following the inclusion of two IBM-developed algorithms in the first post-quantum cryptography standards by NIST. IBM is also partnering with WWF to develop AI solutions for monitoring endangered species and has launched generative AI enhancements for its security services. IBM stock has gained around 35% in the last 12 months.

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 3:30 pm

IBM has launched generative AI enhancements for its cybersecurity services, aiming to improve threat detection and response. Despite this, IBM shares are trading lower amid broader tech sector sell-offs due to U.S. economic concerns. IBM recently reported strong earnings and secured a significant contract. Investors can gain exposure to IBM via ETFs like TDVI and DOGG.

Portfolio Pulse from Lekha Gupta

August 05, 2024 | 4:29 pm

IBM has secured a five-year contract with USAID worth $26 million to enhance cybersecurity in Europe and Eurasia. Additionally, HashiCorp stockholders have preliminarily approved its acquisition by IBM. IBM's stock has gained 39% in the last 12 months, and investors can gain exposure through ETFs like TDVI and DOGG.

Portfolio Pulse from Lekha Gupta

July 17, 2024 | 2:21 pm

BofA Securities analyst Wamsi Mohan provides an earnings preview for IBM's Q2 results, expecting no change in annual outlook. IBM shares have risen 12% YTD but lagged behind the SPX index. The analyst sees potential in IBM's Gen AI segment and expects robust revenue growth in Software and Consulting in the second half of 2024. IBM is expected to reaffirm its annual guidance, with a Buy rating and a price target of $209.

Portfolio Pulse from Lekha Gupta

July 15, 2024 | 5:41 pm

IBM announced several strategic initiatives, including making its Granite model series available on Salesforce's Einstein 1 platform, partnering with AWS for AI governance, collaborating with Adobe on hybrid cloud and AI, and launching new consulting services. IBM stock has gained over 33% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

May 21, 2024 | 1:30 pm

Texas Instruments Incorporated (NASDAQ:TXN) reported Q1 revenue of $3.66 billion, surpassing the consensus estimate of $3.611 billion, despite a decrease in quarterly gross and operating profit and a 16% year-over-year revenue decline. The company anticipates Q2 revenue between $3.65 billion and $3.95 billion, with earnings per share of $1.05 to $1.25. TXN shares rose 7.12% in premarket trading. Exposure to TXN can also be gained through First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV) and FT Vest Technology Dividend Target Income ETF (BATS:TDVI).

Portfolio Pulse from Nabaparna Bhattacharya

April 24, 2024 | 12:34 pm

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