WS #10656

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JPMorgan upgrades IBM to Overweight with a $291 price target, driven by strong software growth, AI advancements (watsonx), and digital asset infrastructure. Bloomberg reports Alibaba slides to 16-month low after Anthropic's accusations that Alibaba illicitly extracted Claude AI model capabilities.

JPMorgan upgrades IBM to Overweight

JPMorgan upgrades IBM to Overweight with a $291 price target, driven by strong software growth, AI advancements (watsonx), and digital asset infrastructure.

Bloomberg reports Alibaba slides to 16-month low after Anthropic's accusations that Alibaba illicitly extracted Claude AI model capabilities.

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