IBM Rides the AI Wave to New Highs. Wall Street Is Having Second Thoughts.
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High expectations, however, could have them singing in a minor key again. IBM stock, at $260.22, is up nearly 20% so far in 2025 and near a record high, making it the best performer in the The company is finally being given credit for what it has become: an emerging leader in cloud computing and generative artificial-intelligence technology thanks to products and services like Granite and watsonx. The problem is that investors may now have unreasonable expectations.
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