AI fears rattled markets as IBM sank and tech slid, but ETFs like OIH, BWET, IDNA and HDGE stayed resilient, gaining even as major indexes fell.
International Business Machines (NYSE: IBM) has been under severe pressure in February, with the month being on track to become the firm's worst in more than 50 years.
Artificial-intelligence start-up Anthropic had plenty to do with the sharp tech selloff. It has more updates coming Tuesday.
IBM recently experienced its largest single-day decline in over 25 years – a 13.15% drop to $223.35 on February 23, 2026. So far this month, the stock has plunged 27%, on track for its worst month since 1992.
International Business Machines' stock is the latest big software loser that can trace its selloff to fears over new artificial-intelligence features.
$31 billion. That's about how much was cut from IBM's market value after its shares declined on Monday, falling from $240.8 billion on Friday to roughly $208.7 billion.
COBOL is a computer language used for business data processing and IBM is a leader in that area.
Investors need to pay close attention to International Business Machines stock based on the movements in the options market lately.
IBM (NYSE: IBM) ranked No. 1 by market capitalization in the US in 1985, according to a study by Axios.
IBM edges out Intel with stronger estimates, cheaper valuation and hybrid cloud-AI momentum despite fierce competition and margin pressure.
IBM said it will triple entry-level hiring in the United States in 2026, even as artificial intelligence reshapes the tasks traditionally assigned to new graduates, according to Bloomberg News.
Zacks.com users have recently been watching IBM (IBM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.