--- title: "AI Bite Back? IBM Crashes 13%!" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000484626.md" description: "Stocks slide, IBM's worst drop in 25 years, BTC below $64K. Share your take & earn Task Coins!" datetime: "2026-02-24T02:06:07.000Z" locales: - [en](https://longbridge.com/en/topics/100000000484626.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000484626.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000484626.md) author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)" generator: "portal-rs" --- # AI Bite Back? IBM Crashes 13%! AI fears intensify, tariff risks back, crypto tumbles, pharma shockwave — and Amazon still spending big. Here’s what Singapore investors should know before tonight’s US session 👇 ## 📉Wall Street Slides Again — AI + Tariff Risk Combo Overnight, all three major US indices closed down **at least ~1%**. What dragged markets lower? - Renewed **AI disruption fears** - Escalating **tariff war concerns** (new 15% tariffs effective today) - Financials and software stocks under heavy pressure This isn’t just random volatility — the market is repricing: 👉 AI = productivity boom BUT 👉 AI = disruption risk to incumbents And now add geopolitical trade tension back into the mix. Question for the community: Are we seeing a healthy correction… or the start of broader de-risking? ## 🤖IBM Crashes 13% — 25-Year Worst Drop IBM plunged 13% — its biggest drop in 25 years. Trigger? Reports suggest new products from Anthropic threaten traditional programming ecosystems. If AI can directly generate and manage complex codebases: - Legacy IT services models could face structural pressure. - Enterprise software pricing power may weaken. This is the first major example of **AI directly hurting a blue-chip tech incumbent.** Is this an overreaction — or the beginning of AI cannibalisation? ## ₿ Bitcoin Breaks $64K — Risk Appetite Weakens Bitcoin dropped below $64,000 intraday, hitting a 2-week low and falling more than 5% from the day’s high. Crypto often acts as: - Liquidity proxy - Risk sentiment gauge With macro + tariff uncertainty rising, traders appear to be reducing leverage. Does BTC lead equities… or follow them? ## 💳PayPal Jumps on Takeover Interest After losing nearly half its market value over the past year, PayPal jumped over 5% on potential acquisition interest. Interesting dynamic: - Once high-growth fintech darling - Now valuation reset → becomes takeover target? Value investors, this one’s for you. Would you buy PYPL standalone… or only on M&A hopes? ## 🏗Amazon Investing $12B — AI Infrastructure Expanding Despite entering bear market territory earlier this month, Amazon announced a **$12B investment** to build its first data center campus in Louisiana. Translation: - AI infrastructure buildout continues. - Capex commitment not slowing. Markets may punish Big Tech short-term… But long-term AI arms race is still very real. ## 💊Pharma Shock: Novo Nordisk -16%, Eli Lilly +5% Novo Nordisk plunged over 16% after data showed its next-gen weight loss drug underperformed expectations relative to Eli Lilly’s competing product. Meanwhile, Lilly rose nearly 5%. This sector has been one of the strongest multi-year themes. Now: 👉 Is leadership consolidating around Lilly? 👉 Or is the GLP-1 trade getting crowded? ## 📊HIMS Earnings — Stock Drops After Hours Hims & Hers Health fell over 8% post-market following earnings. Telehealth remains high-beta and sentiment-sensitive. Traders should watch if weakness spills over to growth healthcare names tonight. ## 🏛 Macro & Event Radar 📌 Donald Trump delivers State of the Union 📌 New 15% tariffs officially take effect 📌 Apple annual shareholder meeting 📌 Tempus AI (TEM) reports after hours Macro + policy + earnings all collide in one session. Volatility likely elevated. ## 🎁 COMMENT & EARN! - Is this a temporary AI scare or structural shift? - Would you buy IBM after a 25-year worst drop? - BTC below $64K — buying opportunity or risk-off warning? 💬 Drop your thoughts, predictions, or trades below and earn **188 Task Coins!** 🤫 Ps: You’ll get **an extra** **100 Task Coins** if you **comment and repost** (as shown below). ### ‼️ Important ‼️ 1. **No reward** will be given for duplicate or similar content. 2. Rewards will be issued within 1-2 working days. ### Related Stocks - [IBM.US](https://longbridge.com/en/quote/IBM.US.md) - [BTC.US](https://longbridge.com/en/quote/BTC.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [PYPL.US](https://longbridge.com/en/quote/PYPL.US.md) - [AMZU.US](https://longbridge.com/en/quote/AMZU.US.md) - [NVO.US](https://longbridge.com/en/quote/NVO.US.md) - [HIMS.US](https://longbridge.com/en/quote/HIMS.US.md) - [DJT.US](https://longbridge.com/en/quote/DJT.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [TEM.US](https://longbridge.com/en/quote/TEM.US.md) ## Comments (18) - **Victor y · 2026-02-24T09:06:47.000Z**: AI Disruption is structural, threatening traditional business models.IBM Potential long term play, but short term risk remains high.BTC Tracks market sentiment possible accumulation zone, but expect short term volatility - **Fattycat · 2026-02-24T07:59:42.000Z**: I strongly believed that it is short-term swings caused by scary and exaggerating negative news . Retail investors are adjusting their positions but not institutional investors. In bigger picture, stakeholders are rethinking how much AI companies are really worth based on actual profits and realist - **MingHwa · 2026-02-24T06:25:59.000Z**: When so many things happening there is huge divergence in correlation. The best is to be diversified? - **GabyWoon · 2026-02-24T06:25:26.000Z**: The tariff shock is back, what will happen next? Only Emperor Trump knows. Best is to ignore the noise! - **Irenee · 2026-02-24T06:24:45.000Z**: Is this the start of a new crypto winter? I think the cycles are getting less powerful each time. Hopefully risk will be manageable! - **Joannee · 2026-02-24T06:24:07.000Z**: Software continues to be pounder down hard, right now it's as good as being a value stock! - **NewUser_CkrdqW · 2026-02-24T05:27:57.000Z**: Amazon starting to show where part of their Capex spending is going to - data centre, albeit the benefits will only be reaped when they are fully functional - **Heroic Lifesaver · 2026-02-24T04:54:19.000Z**: Two weeks back, I have already mentioned my switch to a defensive stance and was de risking into strength. I remain defensive and prefer cash. Less than 20% vested in strong names like GEV and SNDK after reducing positions. Stay safe! - **LazyCat · 2026-02-24T04:53:27.000Z**: The AI sell down is both a temporary scare, as well as a structural shift. The sell down is a sell first and figure out later moment. It is evident that AI will definitely replace human and shortcut workflows with progression of time and some current software which optimise workflow by being more hu - **Mango · 2026-02-24T04:30:59.000Z**: I think it's temporary - **ToHelpAndServeOthers · 2026-02-24T03:57:21.000Z**: IBM $IBM(IBM.US)wasn't even much in the AI buzz recently. Now, it is battered. I think it is hard for it to recover. Remember CISCO during the dot.com bubble? - **FaF · 2026-02-24T03:43:32.000Z**: I still believe in BTC due to scarcity. Of course it could drop to $50k as well.IBM - worth a shot as I believe good SaaS companies will incorporate AI successfully into their workflows - **ToHelpAndServeOthers** (2026-02-24T03:58:17.000Z): I worry the market will not be kind to IBM... - **GoldmineX** (2026-02-24T08:21:24.000Z): btc is not a digital currency. it is only considered as a risky tech stock at best. institutions are selling btc idea to retails to scam your money. btc is no longer independent. america can just take - **Dacai · 2026-02-24T03:16:38.000Z · 👍 1**: I think the AI will cause a structural shift. Some businesses will become irrelevant if they cannot adapt and innovate. - **ToHelpAndServeOthers** (2026-02-24T03:57:43.000Z): Very painful for us to witness... - **Valenxis · 2026-02-24T02:30:27.000Z · 👍 1**: BTC may correct down further.. - **Tiffany lover · 2026-02-24T02:10:33.000Z**: The AI panic is still escalating step by step, and AI-related concept stocks in the U.S. market have been affected. Pay attention to the next development trend and seize the opportunity. --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**