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← @moninvestor

$IBM

BULLISH2026-07-14
Price around the call
↑ 2026-07-14
By horizonMaturing · ~13 trading days to go
1d
✓ +4.3%
5d
✗ -1.6%
21d
…
Original post
mon · 2026-07-14

$IBM down 25% today. Perfectly summed up why Hardware is the new Software: "In the last few weeks of June, we saw clients shift their quarterly capex spend toward servers, storage, and memory purchases to secure supply-constrained infrastructure ahead of expected price increases. This dynamic impacted client buying patterns. While we anticipated some supply chain related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization."

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