Welcome to our dedicated news page for Kyndryl Holdings (Ticker: KD), a resource for investors and traders seeking the latest updates and insights on Kyndryl Holdings.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kyndryl Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kyndryl Holdings's position in the market.
Rhea-AI Summary
Kyndryl announces a global strategic alliance with Hewlett Packard Enterprise (HPE) to provide managed edge-to-cloud and networking services, including LTE and 5G private wireless services. This partnership aims to offer enhanced connectivity, security, and business agility to enterprise customers worldwide.
Rhea-AI Impact
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End-of-Day
0.79%
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Kyndryl Holdings, Inc. (KD) will have its Chairman and CEO, Martin Schroeter, and CFO, David Wyshner, present at upcoming investor conferences. The presentations will be webcasted on February 29 and March 5, 2024, discussing the company's business and financial performance.
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Rhea-AI Sentiment
End-of-Day
1.7%
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Rhea-AI Summary
Kyndryl (KD) and Veeam® Software form a global strategic alliance to provide customers with cyber resiliency services, including comprehensive cyber resilience, vendor transitions, data protection solutions, and operational efficiencies. The alliance combines Kyndryl's expertise in managed security services with Veeam's technology, offering customers simplified data protection, ransomware recovery, cost optimization, operational efficiency, and regulatory compliance features.
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End-of-Day
-0.47%
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Kyndryl Holdings, Inc. (NYSE: KD) has announced the completion of a $500 million offering of 6.350% Senior Notes due 2034, marking its first debt issuance as an independent company. The proceeds will be used to repay an outstanding term loan, with a lower interest rate on the new debt. CFO David Wyshner highlighted the successful refinancing and debt rebalancing to maintain investment-grade credit ratings.
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End-of-Day
-0.93%
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Kyndryl (KD) has announced an expanded partnership with Google Cloud to develop responsible generative AI solutions and accelerate adoption among customers. The partnership aims to combine Kyndryl's data expertise and end-to-end services with Google Cloud's AI technology to drive innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
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Rhea-AI Summary
Kyndryl Holdings, Inc. (NYSE: KD) reported a total revenue of $3.9 billion for the quarter ended December 31, 2023, with a pretax income of $53 million and a net loss of $12 million. Adjusted EBITDA was $615 million, and adjusted pretax income was $63 million. The company raised its full-year adjusted earnings outlook, expecting constant-currency revenue growth of (6%) to (7%) for fiscal 2024. Kyndryl's three-A strategy drove growth, with strong performance in the Alliances, Advanced Delivery, and Accounts initiatives. The company also reported double-digit growth in Kyndryl Consult and strong projected margins on recent signings.
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Rhea-AI Sentiment
End-of-Day
1.72%
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Kyndryl (KD) and Cisco announced two new security edge services aimed at improving security controls and addressing cyber incidents. The new services include Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access and Kyndryl Managed SSE with Cisco Secure Access. These services build on the successful partnership between Kyndryl and Cisco, enabling enterprises to transition into a secure access service edge (SASE) architecture. The collaboration aims to provide an exceptional user experience and protected access from any device to anywhere, while helping customers anticipate security incidents using the right tools and capabilities aligned with Kyndryl's cyber resilience framework.
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Rhea-AI Sentiment
End-of-Day
1.05%
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Kyndryl (KD) launches Kyndryl Workflow Orchestration services, an AI-powered digital workplace solution aiming to automate and streamline essential business processes. The service offers no-code/low-code solutions to improve business outcomes and reduce training and development costs.
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Rhea-AI Sentiment
End-of-Day
-0.29%
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Kyndryl Holdings, Inc. (NYSE: KD) to host earnings call on February 7, 2024
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Rhea-AI Sentiment
End-of-Day
1.73%
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Clayton, Dubilier & Rice (CD&R) has appointed Howard Ungerleider as an Operating Advisor to CD&R funds. Mr. Ungerleider will bring over 30 years of experience in the chemical, packaging, and specialty materials industries to work closely with CD&R's industrials team on new investment opportunities and support the management teams of its relevant portfolio companies. He has held several senior management positions, including President and Chief Financial Officer of Dow and Chief Financial Officer of DowDuPont. Mr. Ungerleider's appointment aims to add value to CD&R's investing and portfolio companies through his strategic thinking and operational impact, leveraging his extensive experience and expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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Kyndryl Holdings, Inc.
NYSE:KD
KD Rankings
KD Stock Data
4.60B
228.42M
0.7%
73.41%
1.71%
Computer Systems Design Services
Professional, Scientific, and Technical Services
United States of America
NEW YORK