IBM Stock Surges as AI Demand Boosts Revenue Outlook—Key Price Levels to Monitor

Key TakeawaysIBM shares gained after delivering better-than-expected fourth quarter earnings and full-year revenue guidance, driven by demand for its AI products and services.The company said its generative AI book of business doubled from the third quarter, benefiting from a number of lucrative consulting and software deals.IBM shares could be set to breakout from a rising wedge pattern, nearing in on their record high around $200. International Business Machines Corporation Source: TradingView.comShare ...