IBM Stock Rises on Earnings Beat. CEO Says AI Is Helping. - Barron's
1. IBM's Q4 earnings exceeded expectations at $3.92 per share. 2. AI project demand fueled a nearly $2 billion increase in AI business. 3. Software segment grew 10.4% year-over-year; consulting and infrastructure declined. 4. Expected free cash flow for 2025 is approximately $13.5 billion. 5. Shares rose 8.7% in premarket trading following earnings announcement.