One of the bluest of the "blue chip" stocks — IBM — crashed 24% at the open today 😳
That is a truly MASSIVE move for a company that large
This shows how big & fast things will move if/when the AI trade starts to unwind pic.twitter.com/YsjlxKwoqm
— Adam Taggart (@adamtaggart) July 14, 2026
The biggest lesson of the AI era: never get comfortable.
On June 2nd, IBM, $IBM, was up +13% for the year and trading at its highest level on record.
Today, just 42 days later, $IBM fell -25% posting its biggest daily decline since 1968.
The stock is now down -35% in 42 days… pic.twitter.com/WnORpP0K45
— The Kobeissi Letter (@KobeissiLetter) July 14, 2026
Oracle next, Allah willing
ObURL: https://salanave-runyon.org
Google Trends says nobody has searched for “salanave-runyon” anywhere in the world for the past year
I say that’s because we are all emailing the link to each other – “Dude, have you seen this?” – and nobody needs Google any more because it has turned into Oracle v2 and nobody trusts them
Maybe Google stock will be crashing soon, too …