IBM is trading 6.4% up at $239.50 in pre-market trading on rising optimism around its AI and hybrid cloud positioning.

  • Shares jumped from the prior close of $225.00 as investors rotate into established enterprise tech and infrastructure names.
  • Sentiment is being lifted across the broader AI ecosystem following Nvidia’s blockbuster earnings results.
  • The move appears sentiment-driven, as no fresh company-specific headlines or earnings releases have been issued this morning.