Update: After this article was published, Kyndryl issued a statement saying the Gotham City report "contains claims that are inaccurate and deliberately misleading." The company said it believes ...

Investors are heading for the exits, sending shares of Kyndryl down as much as 15% on Thursday morning and 11% as of 12:00 p.m. ET. Kyndryl is a data center business that was spun out of IBM in 2021.

Kyndryl (NYSE:KD) Thursday announced an expanded partnership with Google (GOOG) Cloud to leverage generative AI to help streamline and accelerate the modernization of mainframe applications and ...

NEW YORK - Kyndryl Holdings, Inc. (NYSE: KD), a leading IT infrastructure services provider with a market capitalization of $7.93 billion and annual revenue of $15.11 billion, today responded to a ...

NEW YORK, March 27, 2025 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today issued a statement in response to a short seller report.

Kyndryl's high P/E ratio and negative free cash flow make the stock look overvalued at first glance. The company is knee-deep in restructuring unprofitable contracts left over from the IBM era. At ...

Kyndryl Shares Slump After Gotham City Alleges It Manipulated Metrics (Reuters) -Shares of Kyndryl fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT ...

March 27 (Reuters) - Shares of Kyndryl (KD.N), opens new tab fell nearly 13% on Thursday, after a research report from short-seller Gotham City alleged the IT services provider has manipulated ...

Kyndryl and Google Cloud are expanding their partnership to help customers use generative AI to move data off the mainframe and into the cloud. Kyndryl will offer a new Mainframe Modernization ...

Org containing a repository per microservice in the IBM/Kyndryl Stock Trader cloud-native sample application This diagram shows how the microservices fit together, and what external services ...

Vodafone Idea has awarded IBM and Kyndryl a multi-year, bifurcated IT outsourcing deal after renegotiating the terms, chief technology officer Jagbir Singh has told Moneycontrol. Singh didn’t ...