/International%20Business%20Machines%20Corp_%20logo%20on%20storage%20rack-by%20Nick%20N%20A%20via%20Shutterstock.jpg?ssl=1 "As IBM Stock Breaks Below Its 100-Day Moving Average, Should You Buy the Dip?")
By Wajeeh Khan
Publication Date: 2026-02-04 14:59:00
International Business Machines Corp_ logo on storage rack-by Nick N A via Shutterstock
International Business Machines (IBM) shares have lost more than 6% this week after Anthropic launched new plugins for Claude Cowork, signaling it’s now moving into the application layer.
The downward pressure on IBM has pushed its price below a key support level — coinciding with its 100-day moving average (MA), signaling the bearish momentum could sustain in the near-term.
Despite the recent selloff, IBM stock remains up more than 25% versus its August low.
Why Anthropic’s Latest Offering Is Negative for IBM Stock
The Anthropic news is concerning for IBM shares given its new tools — specifically the legal, sales, and data plugins — directly automate complex workflows that IBM charges high premiums for.
If a Claude Cowork agent…
