🟢 IBM is trading 4.4% up today on AI enthusiasm and $1B quantum grant

IBM is trading 4.4% up at $234.89 on AI and hybrid cloud enthusiasm following strong Nvidia earnings.

• The U.S. Commerce Department awarded the company a $1 billion grant to support its positioning and development in quantum computing.
• The news has attracted significant capital flows into established enterprise tech and infrastructure names.
• IBM's performance remains strong despite broader market indices trading slightly lower today.