Welcome to our dedicated page for Kyndryl Holdings news (Ticker: $KD), a resource for investors and traders seeking the latest updates and insights on Kyndryl Holdings stock.
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 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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
Rhea-AI Summary
Kyndryl Holdings, Inc. (NYSE: KD) to host earnings call on February 7, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
-
Rhea-AI Summary
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%
Tags
-
Rhea-AI Summary
Kyndryl (NYSE: KD) has been recognized as a leader in Digital Workplace Services by NelsonHall's 2023 NEAT report for Advanced Digital Workplace Services (ADWS). The report evaluated 20 providers and ranked Kyndryl as a 'Leader' in all four market categories, highlighting its expertise in integrating analytics, cognitive, and automation into digital workplace offerings while focusing on employee experiences and business outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.59%
Tags
Rhea-AI Summary
Kyndryl (NYSE: KD) and Microsoft release findings of The Global Sustainability Barometer study, highlighting the urgency for businesses to use technology to drive sustainable solutions. 80% of organizations see technology's role to achieve sustainability goals, but only 32% believe they are making full use of it.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
Tags
-
Rhea-AI Summary
Kyndryl (NYSE: KD) expands its relationship with Amazon Web Services (AWS) to provide mainframe modernization services. The company will bring its industry-leading mainframe expertise to help customers manage their complex transformation initiatives more efficiently and effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
-
Rhea-AI Summary
Kyndryl (KD) announces a multi-year Strategic Collaboration Agreement with Amazon Web Services (AWS) to co-create generative artificial intelligence (AI) solutions and advanced machine learning (ML) capabilities. The collaboration aims to establish the Kyndryl and AWS Innovation Factory to accelerate cloud modernization and enterprise resource planning systems on AWS, while deepening the expertise among Kyndryl's technical specialists. The expansion of the alliance will help Kyndryl support customers in their digital transformation journey and adoption of responsible AWS generative AI services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
Rhea-AI Summary
Kyndryl (NYSE: KD) Develops New Services for Extended VMware Private AI Reference Architecture
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
Kyndryl Holdings, Inc.
NYSE:KD
KD Rankings
KD Stock Data
6.29B
228.42M
0.7%
73.41%
1.71%
Computer Systems Design Services
Professional, Scientific, and Technical Services
United States of America
NEW YORK