Tuesday, 2 June

Tuesday, 2 June2026

The Trump Effect? IBM Shares Hit Record High After AI-Fueled Rally

By TechShots Studio
The Trump Effect? IBM Shares Hit Record High After AI-Fueled Rally
Shares of IBM reached a record high, capping a strong six-month rally driven by growing demand for AI and enterprise technology services. The surge comes months after U.S. President Donald Trump publicly praised IBM CEO Arvind Krishna. Investors have increasingly backed IBM’s AI strategy, with the company benefiting from rising enterprise spending on generative AI and cloud-based solutions.
Read full story at times of india

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