) are rising in extended-hours trading after topping Wall Street estimates in its fourth quarter earnings. The IT services company brought in $3.85 billion in revenue, more than the expected $3.76 billion.
Following the company's spin-off from IBM in 2021, Schroeter says Kyndryl has been able to create and evolve"really deep, meaningful relationships" with other tech giants like Microsoft , leading to a $500 million revenue stream. Schroeter expects that figure to rise to about $1 billion this year alone, saying the partnerships are"vital."
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...Sustainable high-yields are not as uncommon as many investors think, but often, they are associated with stocks that usually fly under the radar. The post 2 Stocks With Sustainable Yields of 8% or More appeared first on The Motley Fool Canada.