Name: IBM stock nears an all-time high—and it may have something to do with its CEO replacing as many workers with AI as possible
Uploaded: 2024-03-21T06:38:38-04:00
Duration: 5 min
Description: IBM’s repositioning around AI may be paying off for its stock as it nears an all-time high amid its CEO’s ambitious plans for the technology. The company’s shares have skyrocketed 19% since the start of the year and closed at $193.96 on Wednesday, just 6% off of its all-time high of $206.31 from 2013. Year-to-date, […]

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IBM stock nears an all-time high—and it may have something to do with its CEO replacing as many workers with AI as possible

IBM’s repositioning around AI may be paying off for its stock as it nears an all-time high amid its CEO’s ambitious plans for the technology. The company’s shares have skyrocketed 19% since the start of the year and closed at $193.96 on Wednesday, just 6% off of its all-time high of $206.31 from 2013. Year-to-date, […]