IBM Stock Drops on AI Fears. Here’s Why the Market Panicked

IBM Stock Drops on AI Fears. Here’s Why the Market Panicked

By Davit Kirakosyan
Publication Date: 2026-03-11 05:53:00

International Business Machines ($IBM) shares plunged 13% in a single day, after artificial intelligence (AI) startup Anthropic unveiled new capabilities for its Cl…