IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my buy rating for IBM stock.
IBM stock, with 45% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. Strong demand trends for its software business has driven its stock price growth lately. But, if ...
IBM's Software segment showed a robust performance this quarter, with revenue growing by 10.4% year over year to $7.9 billion. This was driven by Red Hat's 16% growth and a 15% increase in Automation.