IBM Stock Near Highs With Earnings Due. Here's What Investors Are Watching.

IBM (IBM) will report its third-quarter earnings late Wednesday, with IBM stock having recently pulled back following a breakout. The 114-year-old tech stalwart's shares are ahead more than 29% overall this year, though much of those gains were focused in the first half of the year. Optimism about IBM's software and other businesses benefiting from AI helped return shares to record-high territory late last year for the first time in more than a decade. IBM has added to those gains but slumped following its ...