IBM stock rises after Q2 beat enhanced by AI bookings

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IBM stock rises after Q2 beat enhanced by AI bookings
SynovusInternational Business Machines
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IBM's (IBM) AI bookings grew by over $2 billion in the second quarter, contributing to its earnings beat reported on Wednesday. Synovus vice president and...

The Morning Brief team examines IBM's earnings figures out from its software and generative AI segments.Now this move comes after IBM reported bookings for its A I business rose above $2 billion since mid 2023.Some of that was driven by a 7% jump in its software business.

Uh Since Watson X launched a year ago ahead of expectations in our view, um price targets moving up, Morgan Stanley's to 100 and 82 from 179 over at RB see to a 211 from 200.This is a five year look and you can see we just broke to the upside relatively recently, but put a 20 year chart on.Biolubricants Market Size to Reach USD 4.

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