TECH NEWS
IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse
TL;DR IBM stock surged 10% after Barclays initiated coverage with an overweight rating and $350 target, arguing that IBM’s infrastructure software is the “good part” of enterprise software immune to AI disruption. The gains extend a 30% May rally driven by a $10 billion quantum computing commitment and