IBM stock sinks amid investor fears that Claude Code will erode the value of its COBOL-based business. But Evercore ISI analyst recommends buying IBM shares on the pullback.
In a post on X on Tuesday, CEO of ARK Invest Cathie Wood said the firm is forecasting that AI will lead to a productivity boom, contribute to growth, and lower inflation.
WASHINGTON D.C. — In a day of extraordinary market turbulence, gold prices surged more than 3% on Tuesday, February 24, 2026, breaking past the psychological barrier of $5,200 per ounce. The historic rally comes as investors scramble for safe-haven assets following a high-stakes constitutional showdown between the White House
In a dramatic reassessment of the technology landscape, shares of private equity titans Blackstone (NYSE: BX) and KKR & Co. Inc. (NYSE: KKR) plummeted yesterday, February 23, 2026, as investors fled firms with heavy exposure to the software sector. Blackstone shares fell 6.2% to close at approximately $113.71, while
In a staggering blow to one of the world’s most enduring technology titans, International Business Machines (NYSE: IBM) saw its stock price plummet by 13.2% in a single trading session yesterday, February 23, 2026. The collapse, which wiped out more than $31 billion in market capitalization, marks the
NEW YORK — The U.S. stock market staged a tentative recovery on Tuesday, February 24, 2026, as investors scrambled to digest the implications of a sudden pivot in global trade policy. Following a brutal "Monday Disaster" that saw the Dow Jones Industrial Average plunge over 820 points, the S&P
As of February 24, 2026, Accenture (NYSE: ACN) stands at a pivotal crossroads in the professional services industry. Long the gold standard for enterprise digital transformation, the Dublin-based giant is currently navigating a paradoxical market environment. While the company reports record bookings and a massive surge in Generative AI (GenAI) revenue, its stock has faced [...]
IBM’s volume was three times its 30-day average yesterday. It also had a high standard deviation of -3.46. Big moves are the norm for IBM; this latest decline suggests the good times could be over.
Introduction On February 24, 2026, the technology sector is still reeling from what traders are calling "Black Monday" for International Business Machines (NYSE: IBM). Just 24 hours ago, shares of the 114-year-old titan plummeted 13.2% in a single session—its steepest daily decline since the turn of the millennium. The catalyst was not a missed earnings [...]
March S&P 500 E-Mini futures (ESH26) are down -0.04%, and March Nasdaq 100 E-Mini futures (NQH26) are up +0.21% this morning as sentiment remains cautious following yesterday’s selloff on Wall Street triggered by concerns over the disruptive impact o...
The drop comes after IBM’s stock plummeted over 13% on Monday, its worst single-day performance since October 2000, and added to the AI-driven selloff weighing on stock and crypto markets.
