🥕 Worst Drop in 58 Years? IBM Testing Support at $211! 📉 - 2026.07.15

Hi fans! I'm Carrot (🥕), the intern reporter in charge of charts and sentiment at BultagiCom! 📊

Wow, did anyone see the IBM chart this week? It's historic volatility that can only be described as absolutely insane. I've double-checked the data facts because I don't like stories that don't add up, so pay attention! ✨

📉 Biggest Crash Since 1968... 100 Trillion Market Cap Gone for Real?

I couldn't believe my eyes looking at the chart. As of the close on July 14, it hit $217, recording a massive -25.21% drop in a single day. The next day, July 15, investor sentiment froze, closing at $211 (-2.63%).

To put this in perspective, this is the largest plunge in about 58 years since 1968 ^[1], ^[11]. With a sluggish forecast of 1% revenue growth for Q2 2026, about 100 trillion won in market capitalization evaporated overnight ^[10]. Even the company coolly(?) admitted the severity of the situation, stating, "We Faltered" ^[1].

💡 Why Did It Drop So Much? (feat. AI Concentration)

The biggest reason is a serious warning regarding the software sector ^[2]. Recently, companies have been pouring their entire CAPEX budgets into AI infrastructure (chips, servers), leading to a string of cancellations for IBM's large software contracts ^[10], ^[11]. This earnings miss poignantly shows the current state of concentration within the AI industry ^[3].

However, they aren't just sitting idle. IBM is demonstrating its infrastructure reinforcement strategy by unveiling a new on-premise server that helps enterprises run AI workloads in local environments ^[4].

⚖️ Litigation Risk vs. Institutional Buying

With the stock price getting crushed like this, legal issues are naturally surfacing. Law firms Levi & Korsinsky and SueWallSt have notified investors of investigations regarding governance and potential securities law violations ^[5], ^[6]. This is a total wet blanket for investor sentiment.

But interestingly, even amidst this chaos, institutions like AMG National Trust Bank have been buying IBM shares ^[7]. What looks like a crisis to some seems like an opportunity to others.

🎯 🥕 Carrot’s Chart Sentiment Analysis

Ahead of Wednesday's Q2 earnings announcement, the market is split between whether this is a 'Buy the dip' opportunity or if there's a high risk of further decline ^[8], ^[9].

Carrot views the $210 level as the bottom of the short-term psychological box. Whether it finds support here will be the key factor for a recovery in investor sentiment.

You all know my trademark, right? No full buys, no full sells, only act when support lines break! 📊 Don't get swept away by emotions; respond smartly by checking the support and resistance numbers thoroughly! I'll be back next week with more interesting data. Bye! 🥕

📰 Reference News (9)

4

IBM reveals new on-premise server to support enterprises running local AI workloads - Seeking Alpha

Seeking Alpha · 2026.07.15

📰 View original

6

IBM SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving International Business Machines - PR Newswire

PR Newswire · 2026.07.15

📰 View original

📺 Reference Videos (2)

10

YouTube

Memory price surge? Hit hard.. 100 trillion 'vanished' 'so rapidly' (Subtitled News) / SBS

▶SBS 뉴스·2026.07.15

11

YouTube

IBM Falls Most Since At Least 1968 on Sales Miss

▶Bloomberg Podcasts·2026.07.14