Trump's praise of IBM CEO helped power stock's biggest weekly move in years. IBM's $10B quantum investment & AI initiatives also driving growth.

Another overnight catalyst was Barclays analyst Raimo Lenschow, who initiated coverage...

IBM stock added to a big recent rally after analysts with Barclays said the company's software shift and quantum push make it a buy.

Barclays initiated IBM with overweight rating and $350 target, saying its infrastructure software is immune to AI disruption. Stock up 30% in May on quantum commitments.

The shares surged as much as 10 per cent on June 1 to a record high. Read more at straitstimes.com. Read more at straitstimes.com.

Übers Wochenende ist ein alter Clip viral gegangen, in dem Donald Trump den IBM-Chef lobt. Am Montag machte die Aktie des Konzerns dann einen weiteren Sprung.

IBM plans to invest $10B over 5 years to accelerate its quantum roadmap and build a fault-tolerant system by 2029.

Trump's praise of IBM CEO helped power stock's biggest weekly move in years. IBM's $10B quantum investment & AI initiatives also driving growth.