3 Top Blockchain Stocks to Watch in September [The Motley Fool]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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Source: The Motley Fool
These three highly profitable businesses could be onto something. Last year, cryptocurrencies were unstoppable. And while sheer momentum can be partly responsible for that strength, much of it was due to the emergence of blockchain technology . Put simply, blockchain offers a brand-new way of transmitting money without using traditional banking networks, as well as a means to securely store and access data. This means blockchain could transform the speed at which money moves from Point A to Point B, and could be a transparent but secure log for things like medical records or personal identification. Though it's a relatively new technology that still has some kinks to work out, it's clearly shown a lot of potential in small-scale testing. With that being said, we asked three of our Foolish contributors to name one blockchain stock that they think should be on your radar this September. Interestingly, all three chose relatively safe businesses that have steady and prof
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IBM
News
- Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobs [BNN Bloomberg (Canada)]BNN Bloomberg
- The IBM-HashiCorp coupling could be more complicated than it seems [TechCrunch]TechCrunch
- Crude Flows Through Pipelines Signal Slow US Output Growth [BNN Bloomberg (Canada)]BNN Bloomberg
- International Business Machines Co. (NYSE: IBM) had its price target lowered by analysts at Morgan Stanley from $186.00 to $179.00. They now have an "equal weight" rating on the stock.MarketBeat
- Besides keeping data safe, this emerging tech could be a key trust builder for businesses [Yahoo! Finance]Yahoo! Finance
IBM
Earnings
- 4/24/24 - Beat
IBM
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/5/24 - Form DEFA14A
- IBM's page on the SEC website