Stocks and Investing Stocks and Investing
Fri, January 31, 2025
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Short squeeze is starting in shares of MKSI at $1 .. , after crossing above the $113.422 Trigger Price
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Short squeeze is starting in shares of MAPSW at $ .. 09, after crossing above the $0.073 Trigger Price
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Short squeeze is starting in shares of HUIZ at $3.5, after crossing above the $3.483 Trigger Price
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Short squeeze is starting in shares of DPG at $11 .. 4, after crossing above the $11.831 Trigger Price
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Short squeeze is starting in shares of CZNC at $2 .. 7, after crossing above the $21.452 Trigger Price
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Short squeeze is starting in shares of CMTV at $1 .. 9, after crossing above the $17.641 Trigger Price
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Short squeeze is starting in shares of ASCUF at $ .. 54, after crossing above the $1.145 Trigger Price
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Short squeeze is starting in shares of AP at $2.61, after crossing above the $2.581 Trigger Price
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AbbVie stock rises on solid annual profit guidance, Q4 beat
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Short squeeze is starting in shares of UCTT at $3 .. 1, after crossing above the $36.493 Trigger Price
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ASML Holding N.V. (ASML) Stock Falls 17% Amid Gov .. Curbs, Despite Monopoly in Lithography Equipment
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Short squeeze is starting in shares of TDW at $55 .. 5, after crossing above the $55.489 Trigger Price
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Short squeeze is starting in shares of LVO at $1. .. 65, after crossing above the $1.221 Trigger Price
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Short squeeze is starting in shares of IFNNY at $ .. 7, after crossing above the $32.867 Trigger Price
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Short squeeze is starting in shares of CZFS at $6 .. 9, after crossing above the $63.969 Trigger Price
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Short squeeze is starting in shares of CFLT at $3 .. 5, after crossing above the $30.664 Trigger Price
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Billionaire Philippe Laffont sold Nvidia, AMD and .. reach beyond $100 billion; which are the stocks?
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3 Blue-Chip Dividend Stocks Every Canadian Should Own
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Atlassian stock soars 18% on earnings beat, strong outlook
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Short squeeze is starting in shares of SLAMU at $ .. 1, after crossing above the $10.123 Trigger Price
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Short squeeze is starting in shares of PPCB at $9, after crossing above the $0.003 Trigger Price
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Short squeeze is starting in shares of OCEL at $2 .. 65, after crossing above the $0.023 Trigger Price
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Short squeeze is starting in shares of HONE at $1 .. 2, after crossing above the $11.717 Trigger Price
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Short squeeze is starting in shares of CUBE at $4 .. 5, after crossing above the $42.006 Trigger Price
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Short squeeze is starting in shares of ANGO at $1 .. 5, after crossing above the $12.609 Trigger Price
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Sebi bans finfluencers from using live stock prices, tightens crackdown on illegal advisories
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OTE sets financial events for 2025, includes dividend date
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Altcoins LINK, AVAX and LTC Price Prediction: Double-digit gains ahead
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Chelsea spending 'skews market' in WSL - Skinner
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IBM stock rockets to new all-time high on AI bookings

IBM stock rockets to new all-time high on AI bookings


Published on 2025-01-31 06:41:31 - FXStreet
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  • Evercore raised its price tag on IBM stock from $240 to $275, retaining its Outperform rating. Software, however, appears to be the only growth business. It reported $7.9 billion in revenue in Q4, up 10% YoY.

IBM's stock surged to a new all-time high following the announcement of significant AI-related bookings in the last quarter of 2024. The company reported a 6% year-over-year revenue increase, reaching $17.38 billion, with AI being a key driver. IBM's CEO, Arvind Krishna, highlighted the company's strategic focus on AI, particularly through its watsonx platform, which has seen substantial adoption across various industries. This growth in AI bookings not only reflects IBM's successful pivot towards AI and cloud computing but also underscores the increasing market demand for AI solutions. The positive market reaction was further fueled by IBM's optimistic outlook for 2025, projecting continued growth in AI and hybrid cloud sectors.

Read the Full FXStreet Article at:
[ https://www.fxstreet.com/news/ibm-stock-rockets-to-new-all-time-high-on-ai-bookings-202501301725 ]
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