Kyndryl Holdings, Inc. (KD)
Kyndryl Holdings, Inc. (KD) is an international provider of IT infrastructure services, specializing in designing, built, managing, and modernizing complex technology environments. Spun off from IBM in 2021, it focuses on delivering enterprise solutions for cloud, data, security, and network management to help organizations optimize their technology operations.
Company News
Kyndryl, a former IBM infrastructure services division, is emerging as a promising player in AI support services with strong order growth and undervalued stock, trading at attractive valuation metrics despite being overlooked by Wall Street.
Global cybersecurity landscape is evolving rapidly with emerging quantum computing threats, AI-powered attacks, and geopolitical tensions driving innovation in digital defense technologies.
Lakeside Software, a digital employee experience company, has appointed Mike Stankowitsch as the Vice President of Global Channels to expand its global partner network and scale revenue opportunities through strategic alliances.
Envestnet (ENV) had an impressive run, gaining 27.6% year-to-date. The company reported strong Q1 2024 results, with earnings and revenue beating estimates. Envestnet's recurring revenue model and focus on technology development are driving its growth. The company is well-positioned to benefit from market trends favoring personalized wealth management services.