TradingKey – IBM (NYSE: IBM) is currently at $264.05. It is recovering from an earlier intra-week low of $249 following five sessions of compression initiated with Accenture’s June 18 guidance cut that triggered a sell-off across IT services. That was exacerbated by the market’s negative reading of an IBM Institute for Business Value study that was essentially read as an AI demand warning. IBM gained 5.15% on June 23 based on three positive, tangible developments. Those included an expanded multiyear service collaboration in which IBM’s watsonx, Red Hat, and its AI automation stack are embedded into the ServiceNow AI Platform. Another was the launch of an OpenAI-linked service for the identification of software vulnerabilities in…