IBM reported better-than-expected fourth-quarter earnings and revenue, surpassing Wall Street’s earnings per share estimate. IBM's software segment grew 10% due to strong demand for AI technology and its Red Hat Linux operating system.

Adjusted per-share earnings came ahead of Wall Street estimates.

IBM is getting a big AI boost, as investors welcome the company's latest quarterly results. In recent trading, shares stood more than 13% higher at nearly $260. That put the stock on course for the highest close on record,

IBM stock has risen by 22 percent over the past year, with shares rising by nine percent on the morning following the earnings announcement.

IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 free cash flow guidance came in above expectations.

IBM added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business coming from Software, and the remaining from Consulting.

US stock indices advanced on Thursday, led by post-earnings gains in Meta Platforms and Tesla. At 10:01 am ET, the Dow Jones Industrial Average rose 102.06 points, or 0.23 per cent, to 44,815.58, the S&P 500 gained 28.

Microsoft shares slumped on Thursday after the company's earnings left investors disappointed overnight. Meanwhile, Meta and Tesla traded higher, having shaken off the initial weakness that greeted their latest results.

International Business Machines (IBM – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst

Wall Street analysts largely maintained bullish views on IBM (NYSE:IBM) after the tech giant's fourth-quarter results and outlook surpassed expectations. Shares of IBM jumped about 9% premarket on Thursday.

S&P 500 futures are up 0.5%. Dow Jones Industrial Average futures are gaining 0.4%. Nasdaq 100 futures are rising 0.7%. On Wednesday, the Dow Jones Industrial Average fell 137 points, or 0.31%, to 44,