IBM Stock: What’s Next For AI Push After $11 Billion Confluent Deal

IBM’s $11 billion deal to acquire data-streaming platform Confluent (CFLT) is set to boost the 114-year-old company’s focus on AI and software, according to Wall Street analysts. IBM (IBM) stock traded sideways the day after announcing its largest acquisition since 2019. IBM confirmed early Monday that it will acquire Confluent in an all-cash deal that it expects to close in…