옵션 체인은 다양한 행사가격과 만기일에 대한 IBM의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 IBM에 대한 시장 심리를 평가합니다..

IBM (NYSE:IBM) 주식, 옵션 체인

IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.

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올해 양자 컴퓨팅 주식은 특히 알파벳(NASDAQ:GOOG)(NASDAQ:GOOGL)의 구글이 최신 윌로우(Willow) 양자 칩을 발표한 12월 9일 이후 급등세를 보였다. 그러나 애널리스트들은 이들 주식에 대해 부정적인 컨센서스를 가지고 있다.

구글의 윌로우 양자 칩 공개 이후 퀀텀 컴퓨팅·리제티·D웨이브 등 5거래일 연속 최대 300% 급등

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미국의 경쟁력은 2025년에 네 가지 주요 투자 테마인 에너지 독립, 방산 혁신, 인프라 및 자동화가 포트폴리오 성장을 강화할 태세를 갖추면서 중심 무대로 떠오른다. 스콧 헬프스타인(Scott Helfstein)이 이끄는 글로벌 X의 2025년 투자 전망은 이러한 변혁적인 트렌드를 향후 1년 동안의 회복력의 중요한 동력으로 강조하고 있다.

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수요일에 발표된 트레피스(Trefis) 팀의 새로운 분석에 따르면, AMD(NASDAQ:AMD) 주식은 인공지능(AI) 칩 시장의 발전에 따라 엔비디아(NASDAQ:NVDA)보다 더 매력적인 투자 옵션으로 떠오를 수 있다.

주식 분석 회사 트레피스, &#34;AMD 주식이 엔비디아 능가할 수 있어&#34;

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Quantum computing stocks have catapulted this year, especially after Dec. 9, when Alphabet Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google announced its <a href="https://www.benzinga.com/24/12/42447332/alphabets-quantum-willow-chip-wows-analyst-google-at-the-leading-edge-of-technology-innovation">latest quantum chip, Willow</a>. However, analysts have a negative consensus rating for these stocks.
What Happened: Quantum Computing Inc. stock surged by 52.95% on Thursday and 2,785.39% over the year but Citron Research has called this move the &#8220;most ridiculous&#8221; citing its spending on research and development.
Stocks of other companies, including Rigetti Computing Inc., and D-Wave Quantum Inc. have soared enormously, whereas other quantum computing players like IONQ Inc. and International Business Machines. have seen modest growth.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>5-Day Change</td>
<td>1-Month Change</td>
</tr>
<tr>
<td>Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>)</td>
<td>296.86%</td>
<td>911.02%</td>
</tr>
<tr>
<td>Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>)</td>
<td>60.87%</td>
<td>716.03%</td>
</tr>
<tr>
<td>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>)</td>
<td>108.37%</td>
<td>501.34%</td>
</tr>
<tr>
<td>IONQ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>)</td>
<td>27.99%</td>
<td>34.46%</td>
</tr>
<tr>
<td>IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>)</td>
<td>-5.23%</td>
<td>4.72%</td>
</tr>
</tbody>
</table>
</figure>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The move in these quantum computing stocks has gotten out of hand. Rigetti <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> and Quantum <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a> are now up more than 1,000% so far in Q4. <a href="https://t.co/UY0MmB8yN0">pic.twitter.com/UY0MmB8yN0</a>
&mdash; Bespoke (@bespokeinvest) <a href="https://twitter.com/bespokeinvest/status/1868760473094832549?ref_src=twsrc%5Etfw">December 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/24/12/42447332/alphabets-quantum-willow-chip-wows-analyst-google-at-the-leading-edge-of-technology-innovation">Alphabet&#8217;s Quantum Willow Chip Wows Analyst: Google At The &#8216;Leading Edge Of Technology Innovation&#8217;</a>
Why It Matters: The funds allocated to research and development as a part of operating expenses were down to $2.24 million in the third quarter of the current fiscal for Quantum Computing. This compares to $2.32 million during the same period last year.
According to Citron, this is a &#8220;striking mismatch for a company claiming to offer integrated high-performance quantum systems.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Small-cap quantum stocks are in a bubble, but <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a> stands out as the most ridiculous. The numbers tell the story. R&amp;D spending is THE critical indicator in this space: last quarter, <a href="https://twitter.com/search?q=%24IONQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$IONQ</a> allocated $33M and <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> $12M, modest figures next to tech giants like Google. Yet <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a>…
&mdash; Citron Research (@CitronResearch) <a href="https://twitter.com/CitronResearch/status/1869400459267436877?ref_src=twsrc%5Etfw">December 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The company was recently awarded a $26,000 contract from NASA. According to the CEO and CIO of the Arora Report, Nigam Arora, &#8220;The contract is very small and does not justify the run-up.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">As many of you know, I am a nuclear physicist and engineer. Quantum computing stock <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a> is being pumped up like crazy on the news of a NASA contract. The contract is very small and does not justify the run up. I have worked with NASA. So, who is buying <a href="https://twitter.com/search?q=%24QUBT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$QUBT</a>. It is the momo…
&mdash; Nigam Arora (@TheAroraReport) <a href="https://twitter.com/TheAroraReport/status/1869084928518103125?ref_src=twsrc%5Etfw">December 17, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Quantum computers, using qubits, promise to revolutionize computing by performing complex calculations exponentially faster than traditional computers.
Google&#8217;s recent breakthrough with Willow demonstrates the potential of quantum memory as it performed a standard benchmark computation in under five minutes which currently takes a supercomputer 10 septillion years — a number that vastly exceeds the age of the Universe.
However, high error rates remain a significant challenge, hindering commercial viability and uncertain timelines for widespread adoption.
&#8220;Buying $RGTI based on Google's quantum success is as misguided as believing every TikTok guitarist is the next Taylor Swift,&#8221; said Citron Research.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Buying <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> based on Google's quantum success is as misguided as believing every TikTok guitarist is the next Taylor Swift. When the hype fades, investors will recall <a href="https://twitter.com/search?q=%24RGTI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RGTI</a> sold equity at $2 just two weeks ago, with more dilution to come rather than true quantum competitiveness.…
&mdash; Citron Research (@CitronResearch) <a href="https://twitter.com/CitronResearch/status/1866859551166959963?ref_src=twsrc%5Etfw">December 11, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
What Are Other Analysts Saying: According to the <a href="https://www.benzinga.com/quote/QUBT/analyst-ratings">analysts tracked by Benzinga</a>, most of these quantum computing companies face a potential downside in the future, with the exception of IBM.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stocks</td>
<td>Last Three PT&#8217;s Average</td>
<td>Up/Downside Potential</td>
</tr>
<tr>
<td>Rigetti Computing</td>
<td>$3.33 </td>
<td>-67.09%</td>
</tr>
<tr>
<td>Quantum Computing</td>
<td>$8.63 </td>
<td>-62.77%</td>
</tr>
<tr>
<td>D-Wave Quantum</td>
<td>$4.58 </td>
<td>-48.33%</td>
</tr>
<tr>
<td>IONQ</td>
<td>$20.67 </td>
<td>-46.04%</td>
</tr>
<tr>
<td>IBM</td>
<td>$226.67 </td>
<td>2.66%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42550804/bofa-says-cash-holdings-of-asset-managers-in-december-2024-has-been-the-lowest-since-2011-and-2002-triggering-a-sell-signal">Cash Holdings Of Asset Managers Lowest In 13 Years, Says BofA, Flagging &#8216;Sell&#8217; Signal Amid &#8216;Trump 2.0 Optimism&#8217;</a></li>
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Photo courtesy: Shutterstock

Quantum Computing, Rigetti, D-Wave Skyrocket Up To 300% In 5 Sessions After Google Unveils Willow Chip, But Analysts Urge Caution: 'Not Every TikTok Guitarist Is The Next Taylor Swift'

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Shares of companies within the broader tech sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Lockheed Martin Integrates IBM Granite Into Its AI Factory Tools

Whales with a lot of money to spend have taken a noticeably bullish stance on IBM.
Looking at options history for IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) we detected 22 trades.
If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 40% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $453,701 and 16, calls, for a total amount of $992,466.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $320.0 for IBM over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for IBM's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of IBM's whale activity within a strike price range from $120.0 to $320.0 in the last 30 days. 
<h3>IBM Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734465634_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.55</td>
<td>$2.43</td>
<td>$2.45</td>
<td>$220.00</td>
<td>$242.5K</td>
<td>2.8K</td>
<td align="right">996</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$18.75</td>
<td>$18.4</td>
<td>$18.75</td>
<td>$230.00</td>
<td>$181.8K</td>
<td>2.1K</td>
<td align="right">97</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$47.15</td>
<td>$46.15</td>
<td>$46.87</td>
<td>$185.00</td>
<td>$159.3K</td>
<td>121</td>
<td align="right">34</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$4.6</td>
<td>$4.35</td>
<td>$4.4</td>
<td>$320.00</td>
<td>$126.6K</td>
<td>346</td>
<td align="right">289</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$112.95</td>
<td>$109.35</td>
<td>$110.85</td>
<td>$120.00</td>
<td>$55.4K</td>
<td>10</td>
<td align="right">5</td>
</tr>
</tbody>
</table>

<h3>About IBM</h3>
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
<h3>Where Is IBM Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,486,481, with IBM's price down by -0.24%, positioned at $228.77.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 36 days.</li>
</ul>
<h3>What Analysts Are Saying About IBM</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $222.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on IBM, which currently sits at a price target of $222. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for IBM, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Smart Money Is Betting Big In IBM Options

Morgan Stanley analyst Erik Woodring maintains IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) with a Equal-Weight and raises the price target from $208 to $222.

Morgan Stanley Maintains Equal-Weight on IBM, Raises Price Target to $222

On Thursday, International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) along with Illinois Governor JB Pritzker, disclosed a partnership to create the National Quantum Algorithm Center in the Illinois Quantum and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42470590/ibm-and-state-of-illinois-to-build-national-quantum-algorithm-center-in-chicago-with-universities-" rel="noreferrer noopener">Microelectronics Park (IQMP) in Chicago</a>.
The National Quantum Algorithm Center, anchored by IBM alongside quantum pioneers such as the University of Chicago and the University of Illinois Urbana-Champaign, will leverage IBM&#8217;s next-generation quantum computer, the IBM Quantum System Two.
This advanced system, powered by IBM Quantum Heron, is set to launch at the Illinois Quantum and Microelectronics Park (IQMP) in Chicago next year.
The IBM Quantum System Two will enable utility-scale algorithms surpassing classical simulation methods.
Researchers can utilize this system via IBM's Qiskit software, designed to extend the complexity and accuracy of quantum circuits for solving scientific and research challenges.
Illinois&#8217; quantum ecosystem will leverage IBM&#8217;s quantum-centric supercomputing to tackle complex industry challenges.
This next-gen computing integrates quantum and classical systems with advanced software, enabling each architecture to solve parts of algorithms best suited to its strengths, unlocking applications beyond the reach of standalone systems.
Arvind Krishna, Chairman and CEO, said, &#8220;With IBM&#8217;s best performing quantum hardware and software in the heart of&nbsp;Illinois&#8217;&nbsp;innovation network, together we can truly unlock the potential of quantum computing to solve the world&#8217;s hardest problems.&#8221;
Governor JB Pritzker added,&nbsp;&#8220;The groundbreaking National Quantum Algorithm Center in&nbsp;Illinois&nbsp;represents a transformative step forward, whose impact will reverberate throughout the tech industry and beyond.&#8221;
Investors can gain exposure to the stock via First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDIV#NASDAQ">TDIV</a>) and FT Vest Technology Dividend Target Income ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/TDVI#BATS">TDVI</a>).
Price Action: IBM shares are up 0.19% at $232.70 premarket at the last check on Friday.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42443202/2025-investment-themes-ai-energy-defense-redefine-us-markets" target="_blank" rel="noreferrer noopener">2025 Investment Themes: AI, Energy, Defense Redefine US Markets</a></li>
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Photo via Shutterstock.

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TDVI

IBM And Illinois Team Up To Supercharge Quantum Computing: Details

Anchored by next-generation IBM Quantum System Two in Illinois Quantum and Microelectronics Park, new initiative will advance useful quantum applications as industries move towards quantum-centric supercomputing&nbsp;
YORKTOWN HEIGHTS, N.Y. and CHICAGO, Dec. 12, 2024 /PRNewswire/ -- Today, IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) and Illinois Governor JB Pritzker announced a collaboration to establish the new National Quantum Algorithm Center in the Illinois Quantum and Microelectronics Park (IQMP) in Chicago.
Anchored by IBM and other quantum computing pioneers including the University of Chicago and the University of Illinois Urbana-Champaign, the center will be fueled by IBM's next-generation quantum computer, IBM Quantum System Two, which the company plans to deploy in Chicago in the coming year.
IBM Quantum System Two within the IQMP will be powered by IBM Quantum Heron, which can execute utility-scale algorithms beyond the capabilities of brute-force, classical simulation methods. Users will be able to leverage this system with Qiskit, IBM's performant quantum software, which is designed to be able to extend the length and complexity of quantum circuits to extract accurate results for problems of scientific and research value.

IBM And Illinois Governor JB Pritzker Announced A Collaboration To Establish The New National Quantum Algorithm Center In The Illinois Quantum And Microelectronics Park In Chicago

Whales with a lot of money to spend have taken a noticeably bullish stance on IBM.
Looking at options history for IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 42% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $130,410 and 12, calls, for a total amount of $375,154.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $170.0 and $250.0 for IBM, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of IBM stands at 1211.0, with a total volume reaching 4,352.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in IBM, situated within the strike price corridor from $170.0 to $250.0, throughout the last 30 days.
<h3>IBM Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734030994_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$12.6</td>
<td>$12.55</td>
<td>$12.6</td>
<td>$235.00</td>
<td>$89.4K</td>
<td align="right">390</td>
<td align="right">4</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$70.1</td>
<td>$68.1</td>
<td>$69.06</td>
<td>$170.00</td>
<td>$48.3K</td>
<td align="right">516</td>
<td align="right">7</td>
</tr>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$16.2</td>
<td>$15.75</td>
<td>$15.75</td>
<td>$230.00</td>
<td>$40.9K</td>
<td align="right">208</td>
<td align="right">28</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/27/24</td>
<td>$3.5</td>
<td>$3.3</td>
<td>$3.3</td>
<td>$235.00</td>
<td>$33.3K</td>
<td align="right">167</td>
<td align="right">611</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/27/24</td>
<td>$3.3</td>
<td>$3.3</td>
<td>$3.3</td>
<td>$235.00</td>
<td>$33.0K</td>
<td align="right">167</td>
<td align="right">711</td>
</tr>
</tbody>
</table>

<h3>About IBM</h3>
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
In light of the recent options history for IBM, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of IBM</h3>
<ul>
<li>With a volume of 1,830,962, the price of IBM is up 1.31% at $233.13. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 41 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest IBM options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

What the Options Market Tells Us About IBM

U.S. competitiveness takes center stage in 2025 with four key investment themes—energy independence, defense innovation, infrastructure, and automation—poised to bolster portfolio growth. Global X's 2025 Investment Outlook, led by Scott Helfstein, highlights these transformative trends as critical drivers of resilience <a href="https://www.benzinga.com/topic/us-economy">in the coming year.</a>
<h2 class="wp-block-heading">Infrastructure Gets A Glow-Up</h2>
America&#8217;s infrastructure renaissance is going full throttle, with $700 billion in spending set to energize construction, equipment, and materials companies. This may bode well for investors in the Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>).
These stalwarts of the old economy are reinventing themselves with cutting-edge tech to expand margins—all while trading at attractive valuations compared to the broader S&amp;P 500.
<h2 class="wp-block-heading">The Defense Play: Beyond Jets &amp; Ships</h2>
Global tensions are driving a pivot from traditional defense platforms to high-tech solutions like AI-driven drones and cybersecurity systems. 
Palantir Technologies Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) Artificial Intelligence Platform and International Business Machines Corp&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) WatsonX AI come to mind here.
Defense revenues are expected to jump nearly 10%, with margins climbing from 5.2% to 7.6%. Success will favor those adopting automation and next-generation technologies in this competitive landscape.
Read Also: <a href="https://www.benzinga.com/news/small-cap/24/12/42438879/manufacturing-tariffs-small-cap-could-steal-the-show-in-2025">Manufacturing Comeback? Strategist Expects Tariffs To Help Small-Cap Stocks But Weigh On Consumers</a>
<h2 class="wp-block-heading">Automation &amp; Onshoring: A Tech Revolution</h2>
With the U.S. accelerating its onshoring efforts, automation and AI are emerging as the driving forces powering the shift.
Software companies and data centers are prepping for a revenue surge, with mega-cap tech upping its spending on data centers to $250 billion in 2025. 
Robotics and IoT hardware could also rebound from a sales plateau, making the automation sector one to watch. Companies enabling robotics and automation such as Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Intuitive Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISRG#NASDAQ">ISRG</a>), ABB (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ABBNY#OTC">ABBNY</a>), Rockwell Automation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>), Zebra Technologies&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBRA#NASDAQ">ZBRA</a>), Teradyne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) and UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) come to mind.
<h2 class="wp-block-heading">Energy Independence Goes Nuclear</h2>
Energy's next frontier? Nuclear. With mega-cap tech giants eyeing modular nuclear reactors as a green and reliable power source, demand for uranium is heating up. Beyond the U.S., countries like Japan and Germany are also jumping on the nuclear bandwagon, signaling a global shift toward energy resilience.
U.S. companies such as Constellation Energy&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), Cameco&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) and NuScale Power&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) come to mind.
Helfstein's roadmap suggests a year of targeted strategies. By aligning portfolios with these U.S.-centric themes, investors might not just weather volatility—they could thrive in the chaos.
Read Next: 
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<li><a href="https://www.benzinga.com/etfs/specialty-etfs/24/12/42437267/berkshire-palantir-etfs-add-high-octane-trading-options-with-direxions-launch">Berkshire, Palantir ETFs Add High-Octane Trading Options With Direxion&#8217;s Launch</a></li>
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Photo: Shutterstock

2025 Investment Themes: AI, Energy, Defense Redefine US Markets

IBM Unveils Breakthrough In Co-Packaged Optics With High-Density Polymer Optical Waveguides, Promising 5x Energy Savings, 80x Bandwidth Gains, And 5x Faster AI Model Training, Paving The Way For Future-Proof Data Centers And Enhanced Generative AI Workloads

Many companies dealing in artificial intelligence (AI) saw their valuations skyrocket in 2024. Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), for example, became the most valuable company in the world <a href="https://www.benzinga.com/news/large-cap/24/11/41761849/nvidia-blows-past-apple-to-become-worlds-most-valuable-company">several times throughout the year</a>. 
One CEO of an AI company predicts 2025 will be a different scenario, and there could be at least one unnamed company in the space that sees its market capitalization cut in half.
What Happened: Hugging Face co-founder and CEO Clem Delangue shared his 2025 predictions in a LinkedIn <a href="https://www.linkedin.com/feed/update/urn:li:activity:7269341028799725568/">post</a>:
<ul>
<li>There will be the first major public protest related to AI</li>
<li>A big company will see its market cap divided by two or more because of AI</li>
<li>At least 100,000 personal AI robots will be pre-ordered</li>
<li>China will start to lead the AI race (as a consequence of leading the open-source AI race)</li>
<li>There will be big breakthroughs in AI for biology and chemistry</li>
<li>We will begin to see the economic and employment growth potential of AI, with 15M AI builders on Hugging Face</li>
</ul>
Based on prediction three above, Delangue sees strong demand for personal AI robots, which could be music to the ears of Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) investors. The Austin, Texas-based carmaker is expected to share more details on its Optimus Bot in 2025 and begin taking pre-orders.
Other investors, particularly those in the AI space, will likely not love seeing some of Delangue&#8217;s predictions come true.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/11/42198904/ai-jesus-hears-confessions-in-switzerland-has-artificial-intelligence-gone-too-far">AI Jesus Hears Confessions In Switzerland: Has Artificial Intelligence Gone Too Far?</a>
Why It's Important: Delangue's 2025 predictions should be taken seriously. After all, the CEO shared how his 2024 predictions did in the same post. A green check mark indicates a hit while red circles mean he missed.
<ul>
<li>A hyped AI company will go bankrupt or get acquired for a ridiculously low price (green check)</li>
<li>Open-source LLMs will reach the level of the best closed-source LLMs (green check)</li>
<li>Big breakthroughs in AI for video, time-series, biology and chemistry (green check for video, red circle for time-series, biology and chemistry)</li>
<li>We will talk much more about the cost (monetary and environmental) of AI (green check for monetary, red circle for environmental)</li>
<li>A popular media will be mostly AI-generated (green check)</li>
<li>10 million AI builders on Hugging Face leading to no increase of unemployment (says soon, while listing 7M of AI builders on Hugging Face)</li>
</ul>
With Delangue at the helm, Hugging Face <a href="https://www.benzinga.com/news/23/08/34042661/nvidia-backed-open-source-ai-startup-reaches-4-5b-valuation-with-tech-titans-support">raised $235 million</a> in a funding round, which valued the company at $4.5 billion in August 2023.
The company&#8217;s investors include Nvidia, Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), International Business Machines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) and Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>).
Hugging Face has partnerships with several of these investors. The company<a href="https://www.benzinga.com/news/24/11/41799600/nvidia-partners-with-ai-startup-hugging-face-to-supercharge-open-source-robotics"> announced a partnership </a>with Nvidia for the robotics sector last month. Earlier this year, Hugging Face also partnered with Amazon to work on AI models.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40909973/blackrock-microsoft-others-team-up-for-30b-artificial-intelligence-fund-help-us-fuel-ai-innovation-a">BlackRock, Microsoft, Others Team Up For $30B Artificial Intelligence Fund: Help US Fuel &#8216;AI Innovation And Economic Growth&#8217;</a></li>
</ul>
Image: Shutterstock

AMZN

INTC

QCOM

TSLA

Nvidia-Backed Hugging Face CEO Makes 6 Predictions For 2025: Expect Robotics Growth, Valuation Cuts For AI

Investors with significant funds have taken a bearish position in IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in IBM usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 19 options transactions for IBM. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 21% being bullish and 68% bearish. Of all the options we discovered, 18 are puts, valued at $1,419,415, and there was a single call, worth $131,768.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $220.0 to $250.0 for IBM during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for IBM's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of IBM's whale trades within a strike price range from $220.0 to $250.0 in the last 30 days. 
<h3>IBM Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733328083_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$7.4</td>
<td>$7.3</td>
<td>$7.4</td>
<td>$225.00</td>
<td>$368.6K</td>
<td>406</td>
<td>2.0K</td>
</tr>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$7.45</td>
<td>$7.4</td>
<td>$7.45</td>
<td>$225.00</td>
<td>$192.2K</td>
<td>406</td>
<td>2.3K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$1.57</td>
<td>$1.3</td>
<td>$1.31</td>
<td>$232.50</td>
<td>$131.7K</td>
<td>2.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$7.35</td>
<td>$7.2</td>
<td>$7.42</td>
<td>$225.00</td>
<td>$121.5K</td>
<td>406</td>
<td>1.5K</td>
</tr>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$7.45</td>
<td>$7.4</td>
<td>$7.45</td>
<td>$225.00</td>
<td>$104.0K</td>
<td>406</td>
<td>2.4K</td>
</tr>
</tbody>
</table>

<h3>About IBM</h3>
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
<h3>Present Market Standing of IBM</h3>
<ul>
<li>Currently trading with a volume of 860,540, the IBM's price is up by 1.52%, now at $232.48. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 49 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for IBM, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Check Out What Whales Are Doing With IBM

French Prime Minister Michel Barnier faces a critical vote of no confidence tomorrow (Dec. 4) after invoking Article 49.3 to pass a controversial 2025 austerity budget <a href="https://www.benzinga.com/topic/france">without parliamentary approval</a>.
The move, designed to address France's soaring deficit with $42 billion in spending cuts and $21 billion in tax hikes, has polarized the fractured National Assembly. Marine Le Pen's National Rally and the leftist New Popular Front have united in opposition, calling for Barnier's ouster. In on interview on TV today, Barnier warned that if the motion succeeds, millions of French citizens could face economic instability, including rising interest rates and tax hikes, <a href="https://www.theguardian.com/world/live/2024/dec/03/france-no-confidence-motion-government-budget-michel-barnier-latest-updates">per</a> the Guardian.
A failure to secure support would result in Barnier's government being the shortest-lived in modern French history, he only took office in September, further destabilizing the eurozone. President Emmanuel Macron would then need to appoint a new prime minister to navigate the <a href="https://www.benzinga.com/news/24/07/39657677/french-elections-take-a-surprising-turn-as-left-poised-for-victory-what-does-that-mean-for-the-marke">deeply divided parliament</a>.
France has often been a volatile market for foreign companies, but its size, manpower, favorable geographical position, and pole position in global tourism have made it a lucrative economy.
The following publicly listed companies have exposure to the French economy.
McDonald's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) has been operating in France since 1972. Since then, it has grown into a network of 1,485 restaurants — the most in Europe — generating billions in revenue. However, the franchise got caught evading taxes after a trade union asked the company to raise wages and introduce profit-sharing bonuses. Eventually, the firm <a href="https://drupal-cloudfront.benzinga.com/news/22/06/27724606/mcdonalds-agrees-to-settle-french-tax-case-for-1-3b-wsj">paid a $1.3 billion fine</a>.
Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) opened its resort in Paris in 1992, growing it into one of the top attractions in Europe. Around 16.1 million tourists visited the park in 2023, generating $343 million in profits. The park is the largest single-site employer in the country, with 17,000 workers — making it prone to strikes that last occurred in 2023. Despite its popularity, the park has been a problematic part of Disney's portfolio and is often a drain on its resources.
IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) has a long-standing relationship with France as one of the IT pioneers that expanded overseas seeking foreign talent.  Nowadays, IBM has over 7,000 employees in the country, working on technology services, cloud computing, AI and digital transformation solutions for businesses.
Carmaker Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) has a vital presence in the country, owing to its origins in the French PSA Group. It is the fourth largest automotive firm by sales, managing established brands like Citroen, Peugeot and DS Automobiles. Stellantis currently has five operating factories in different regions, producing at least 14 different models.
For investors monitoring broad exposure to domestically incorporated French companies there is iShares MSCI France ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWQ#NYSE">EWQ</a>). It holds 60 largest French companies, including market leaders such as LVMH Moet Hennessy Louis Vuitton SE (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LVMUY#OTC">LVMUY</a>), Schneider Electric, TotalEnergies SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTE#NYSE">TTE</a>) and Airbus SE (OTC:<a class="ticker" href="https://www.benzinga.com/stock/EADSY#OTC">EADSY</a>).
Read Next:<a href="https://www.benzinga.com/news/global/24/12/42301885/south-korea-etfs-won-pare-losses-as-yoon-makes-u-turn-on-martial-law-declaration"> </a> • <a href="https://www.benzinga.com/news/global/24/12/42301885/south-korea-etfs-won-pare-losses-as-yoon-makes-u-turn-on-martial-law-declaration">South Korea ETFs, Won Pare Losses As Yoon Makes U-Turn On Martial Law Declaration</a>

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Key Stocks, ETF To Watch As French Government Faces No-Confidence Vote

In the current market session, IBM Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) stock price is at $227.20, after a 0.09% decrease. However, over the past month, the company's stock spiked by 9.64%, and in the past year, by 41.01%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1733171416_0.png" alt="Past Year Chart" />

<h3>Evaluating IBM P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
IBM has a lower P/E than the aggregate P/E of 96.16 of the IT Services industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1733171416_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

P/E Ratio Insights for IBM

Driving Virtualization, Hybrid Cloud Modernization, And AI Innovation With Tools Like RHEL AI, OpenShift AI, And Enhanced VM Migration Capabilities

Red Hat Signs Strategic Collaboration Agreement With AWS To Expand Availability Of Open Source Solutions In AWS Marketplace

Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) could emerge as a more attractive investment option compared to Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) as <a href="https://www.benzinga.com/24/11/42227834/cathie-wood-buys-amazon-amd-stock-trims-palantir-block-holdings-amid-ai-and-bitcoin-euphoria">the artificial intelligence chip market evolves</a>, according to a new analysis from Trefis Team released Wednesday.
What Happened: While Nvidia has dominated the AI chip market with its stock surging 180% this year to reach a market capitalization of $3.5 trillion, its premium valuation of 48 times projected fiscal 2025 earnings could limit future gains. AMD, trading at a more modest 28 times forward earnings, offers investors exposure to AI growth at a more reasonable entry point.
The analysis highlights several factors potentially working in AMD&#8217;s favor. A key shift is occurring in the AI market from model training to inference &#8211; the process of generating outputs from trained models. AMD&#8217;s MI300X chip has demonstrated strong performance in inference tasks, competing effectively with Nvidia&#8217;s H100 GPU according to MLCommons benchmark testing.
This competitive position is translating into significant business opportunities. IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) recently announced plans to offer AMD&#8217;s MI300X AI processors on its cloud services in the first half of 2025, signaling growing market acceptance.
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42237636/bitcoin-ethereum-dogecoin-simmer-down-on-thanksgiving-analyst-sees-significant-shift-from-btc-season-to-alt-season">Bitcoin, Ethereum, Dogecoin Simmer Down On Thanksgiving: Analyst Sees &#8216;Significant Shift&#8217; From BTC Season To Alt Season</a>
Why It Matters: Cost considerations are also becoming increasingly important for customers. With Nvidia&#8217;s GPUs priced above $25,000 each, companies are seeking more affordable alternatives. Oracle Corp&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) recent selection of AMD chips for its AI supercluster, citing strong performance at competitive prices, exemplifies this trend.
AMD&#8217;s financial performance supports the positive outlook. The company&#8217;s data center segment <a href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-">reported $3.5 billion in third-quarter sales</a>, marking a 118% increase year-over-year. 
&#8220;While the AI revolution is possibly just getting started, investors will need to pick the right winners to continue profiting from this trend,&#8221; noted the Trefis analysis. &#8220;Specifically, we think it might be time to reconsider Nvidia stock and look closely at AMD.&#8221;
The stock has shown significant volatility, with annual returns ranging from -55% in 2022 to 128% in 2023, but has delivered overall gains of 1,112% since 2017, substantially outperforming the S&amp;P 500&#8217;s 167% return over the same period.
Trefis&#8217;s High-Quality portfolio, comprising 30 stocks, has outperformed the S&amp;P 500, growing a $100,000 investment to over $190,000 since its launch in September 2020.
According to <a href="https://www.benzinga.com/quote/AMD/analyst-ratings">Benzinga Pro data</a>, AMD has a consensus price target of $195.77, with the highest target at $265 and the lowest at $145. Recent analyst ratings from Benchmark, Citigroup, and TD Cowen suggest an almost 43% upside from the current price.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/29032556/Screenshot-2024-11-29-at-1.54.13%E2%80%AFPM-1024x377.png" alt="" class="wp-image-669623" /></figure>
Read Next: 
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<li><a href="https://www.benzinga.com/news/global/24/11/42238773/cathie-wood-sees-tesla-as-largest-ai-project-on-earth-heres-why-shes-not-worried-about-tech-investments">Cathie Wood Sees Tesla As &#8216;Largest AI Project On Earth&#8217; — Here&#8217;s Why She&#8217;s Not Worried About Tech Investments</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AMD Stock Could Trump Nvidia As AI Chip Market Evolves, Says Analyst: 'Time To Reconsider' The Right Winners To 'Continue Profiting'

Financial giants have made a conspicuous bearish move on IBM. Our analysis of options history for IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) revealed 18 unusual trades.
Delving into the details, we found 38% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $339,800, and 14 were calls, valued at $810,114.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $185.0 to $300.0 for IBM over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for IBM's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of IBM's whale activity within a strike price range from $185.0 to $300.0 in the last 30 days. 
<h3>IBM Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732641391_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$27.75</td>
<td>$27.7</td>
<td>$27.75</td>
<td>$240.00</td>
<td>$249.7K</td>
<td>119</td>
<td align="right">104</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$41.45</td>
<td>$40.95</td>
<td>$41.0</td>
<td>$200.00</td>
<td>$196.8K</td>
<td>2.5K</td>
<td align="right">1</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$23.7</td>
<td>$23.7</td>
<td>$23.7</td>
<td>$210.00</td>
<td>$85.3K</td>
<td>655</td>
<td align="right">48</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$6.65</td>
<td>$6.25</td>
<td>$6.25</td>
<td>$220.00</td>
<td>$62.5K</td>
<td>576</td>
<td align="right">144</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.05</td>
<td>$5.85</td>
<td>$5.9</td>
<td>$230.00</td>
<td>$59.0K</td>
<td>2.9K</td>
<td align="right">26</td>
</tr>
</tbody>
</table>

<h3>About IBM</h3>
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
<h3>Where Is IBM Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,344,450, the price of IBM is down by -0.06%, reaching $225.99.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 57 days from now.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for IBM with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

IBM Unusual Options Activity For November 26

French telecom company Orange announced its partnership with OpenAI, backed by Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), <a href="https://www.benzinga.com/topic/facebook">Facebook&#8217;s parent company</a>. 
This collaboration aims to create custom artificial intelligence (AI) models tailored to understand African regional languages better, starting with West Africa. These AI systems will be built upon open-source models, Whisper and Llama, to address the challenges of less represented languages in mainstream AI solutions.
Also Read: <a href="https://www.benzinga.com/24/11/42190381/analog-devices-q4-earnings-beats-estimates-automotive-rebound-outlook" target="_blank" rel="noreferrer noopener">Analog Devices Q4 Earnings: Beats Estimates, Automotive Rebound, Cautiously Optimistic Outlook &amp; More</a>
The project highlights the difficulties major AI firms face when their systems rely predominantly on U.S.-based data, which limits their ability to interpret languages and contexts from regions like Africa, the Middle East, and Europe. Orange plans to fine-tune these models by integrating language-specific data, improving their capacity to recognize and process regional dialects, CNBC <a target="_blank" href="https://www.cnbc.com/2024/11/26/orange-partners-with-openai-meta-on-custom-african-language-ai-models.html" rel="noreferrer noopener">reports</a>.
Orange&#8217;s initiative will begin by including two West African languages, Wolof and Pulaar, spoken by approximately 16 million and 6 million people, respectively. These languages are commonly used in Senegal, The Gambia, and Mauritania. The AI models will initially roll out in early 2025, with plans to cover all 18 West African nations in future expansions. Orange will also make these models available for non-commercial uses, including public health and education.
The initiative aligns with the growing global emphasis on &#8220;sovereign AI,&#8221; which focuses on creating regionally controlled AI systems to safeguard local languages, cultures, and data. Orange is also working on hosting OpenAI models in European data centers to ensure localized data processing and early access to advanced AI models. These efforts will help Orange develop innovative applications like AI-powered voice systems for customer service.
Nvidia chief Jensen Huang expressed <a target="_blank" href="https://www.benzinga.com/news/24/10/41220759/nvidia-ceo-jensen-huang-once-spoke-about-the-importance-of-every-country-needing-a-sovereign-ai-but" rel="noreferrer noopener">solidarity with sovereign AI</a>, which he deems critical for countries to leverage their strengths. He is backing it with a $110 million fund for startups.
International Business Machines Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) chief&nbsp;Arvind Krishna&nbsp;and Nvidia CFO&nbsp;Colette Kressexpressed similar opinions.
Also Read:
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<li><a href="https://www.benzinga.com/24/11/42186138/taiwan-semis-growth-fuels-us-rise-to-second-in-chipmaking" target="_blank" rel="noreferrer noopener">Taiwan Semi&#8217;s Growth Fuels US Rise To Second In Chipmaking: Report</a></li>
</ul>
Image: Pixabay

Media

MSFT

Meta, OpenAI, Orange Join Forces To Build AI Models For African Languages

Deep-pocketed investors have adopted a bullish approach towards IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in IBM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for IBM. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 33% bearish. Among these notable options, 3 are puts, totaling $297,245, and 12 are calls, amounting to $890,977.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $200.0 and $290.0 for IBM, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of IBM stands at 3537.12, with a total volume reaching 4,514.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in IBM, situated within the strike price corridor from $200.0 to $290.0, throughout the last 30 days.
<h3>IBM Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732209522_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.55</td>
<td>$5.45</td>
<td>$5.55</td>
<td>$220.00</td>
<td>$265.2K</td>
<td>6.2K</td>
<td align="right">998</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.7</td>
<td>$5.65</td>
<td>$5.7</td>
<td>$220.00</td>
<td>$243.3K</td>
<td>6.2K</td>
<td align="right">349</td>
</tr>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$15.65</td>
<td>$15.5</td>
<td>$15.65</td>
<td>$225.00</td>
<td>$148.6K</td>
<td>203</td>
<td align="right">8</td>
</tr>
<tr>
<td>IBM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.75</td>
<td>$11.9</td>
<td>$11.9</td>
<td>$230.00</td>
<td>$113.0K</td>
<td>380</td>
<td align="right">100</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$1.15</td>
<td>$1.11</td>
<td>$1.15</td>
<td>$290.00</td>
<td>$63.1K</td>
<td>1.6K</td>
<td align="right">550</td>
</tr>
</tbody>
</table>

<h3>About IBM</h3>
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
Having examined the options trading patterns of IBM, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is IBM Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,687,689, with IBM's price up by 2.88%, positioned at $220.77.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 62 days.</li>
</ul>
<h3>Expert Opinions on IBM</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $239.33333333333334.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from RBC Capital downgraded its action to Outperform with a price target of $250. 
&#x2A; An analyst from BMO Capital has decided to maintain their Market Perform rating on IBM, which currently sits at a price target of $260. 
&#x2A; An analyst from Morgan Stanley persists with their Equal-Weight rating on IBM, maintaining a target price of $208. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for IBM, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Spotlight on IBM: Analyzing the Surge in Options Activity

Kyndryl Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) is boosting investor confidence with <a href="https://www.benzinga.com/quote/KD/news">the announcement of</a> its first-ever share repurchase program, worth $300 million.
The International Business Machines Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) spin-off is using the buyback to return capital to shareholders, signaling its belief in sustainable growth despite a competitive market.
<h3 class="wp-block-heading">Share Repurchase Reflects Management's Confidence</h3>
The new repurchase program comes as Kyndryl sees significant progress in both its financials and operational transformation. CEO Martin Schroeter emphasized that the buyback underscores Kyndryl's success in expanding its margins and generating free cash flow. The program allows the company to strengthen its capital structure while remaining flexible for future strategic moves.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40755363/pair-trade-alert-long-kd-short-dxc-says-jpmorgan-heres-why">Pair Trade Alert: &#8216;Long KD Short DXC&#8217; Says JPMorgan, Here&#8217;s Why</a>
<h3 class="wp-block-heading">KD Stock Performance Shows Strength</h3>
Kyndryl's stock has demonstrated impressive momentum over the past year. Up 87% in 2023 and almost 40% year-to-date in 2024, the company has significantly outpaced market expectations. 
This growth comes despite broader industry challenges, with Kyndryl's mission-critical IT services gaining traction, especially in cybersecurity and AI-driven solutions.
The technical indicators for Kyndryl stock also align with this growth, providing strong bullish signals for investors.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="628" height="490" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21100103/Screenshot-2024-11-21-at-8.30.51-PM.png" alt="" class="wp-image-659037" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21100103/Screenshot-2024-11-21-at-8.30.51-PM.png 628w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21100103/Screenshot-2024-11-21-at-8.30.51-PM-300x234.png 300w" sizes="(max-width: 628px) 100vw, 628px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent112124&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
KD stock, at $30.44, trades above its five, 20 and 50-day exponential moving averages, a strong sign of upward momentum. The eight-day simple moving average (SMA) of $28.51 suggests a bullish signal for the short-term, as does the 20-day SMA of $26.16. The stock's 50-day SMA of $24.74 further supports this, reinforcing that Kyndryl is on a bullish path even over the medium term.
The Moving Average Convergence Divergence (MACD) indicator stands at 1.36, further suggesting that Kyndryl's stock momentum is bullish. 
However, with a Relative Strength Index (RSI) of 79.50, the stock is in the overbought territory, which means that momentum has peaked and investors could expect a reversal from here.
<h3 class="wp-block-heading">The Road Ahead: A Focus On Sustainable Growth</h3>
With over three years as a public company, Kyndryl is entering a new phase of revenue growth and profitability. The $300 million share buyback reflects the company's ongoing transformation and its ability to thrive amid industry challenges. 
For investors, Kyndryl's strong stock performance, backed by positive technical indicators, signals confidence, but caution is advised due to the current overbought conditions.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/mid-cap/24/11/41944479/kyndryl-dell-nvidia-join-forces-to-launch-ai-private-cloud-for-japanese-enterprises">Kyndryl, Dell, Nvidia Join Forces To Launch AI Private Cloud For Japanese Enterprises</a></li>
</ul>

Technicals

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