IBM shares plunge 23% as customers shift spending to AI

https://www.ft.com/content/da478c37-7a32-415d-9f30-3b2981149f95

by johnbarron • 9 days ago

7 6 9 days ago

ft.com

johnbarron2• 9 days ago

https://archive.ph/SkHmS

johnbarron2• 9 days ago

Cramer said to buy last week....

https://youtu.be/7IbG-Si9K_A

Mooooooonetiziiiiiing oooooon AAAAAAIIIIIII: https://www.youtube.com/shorts/TZfPJ6_l1iA

throwaway_203572• 9 days ago

Flat compared to 2 months ago. Chart looks like a pump-and-dump. 50% up and back. Is there any precedence in history for a swing like this over a two month period for the IBM stock?

alephnerd2• 9 days ago

The 50% increase was due in part to IBM's acquisition of Confluent under the assumption that it would help IBM derive additional business from the datalake segment.

throwaway_203572• 9 days ago

Wasn't that acquisition announced in December 2025 and closed in March 2026? Hard to imagine it created a sudden spike in the share price only in late May.

IBM shares plunge 23% as customers shift spending to AI

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