This AI stock just had its best day in a decade – Here's what's driving the surge

IBM (NYSE: IBM) stock surged nearly 13% on January 30, marking its best single-day gain in over a decade.The rally followed a strong fourth-quarter earnings report, which highlighted robust revenue growth and a significant increase in AI-related bookings.IBM one-day price chart. Source: Google FinanceThe stock closed at an all-time high of $258.27 on January 30, extending its year-to-date gains to 17%, outperforming the S&P 500’s 3% rise over the same period. Strong Q4 results beat expectationsIBM’s Q4 earn ...