IBM rallies nearly 14%, heads for best day ever on strong earnings
1. IBM's stock jumped 14% following strong Q4 earnings results. 2. Fourth-quarter adjusted earnings were $3.92 per share, beating estimates. 3. Software unit revenue grew by 10%, driven by AI demand. 4. CEO highlighted $5 billion in bookings for generative AI services. 5. IBM shares have risen 18% year-to-date, signaling positive momentum.