By Yuvraj Malik
Publication Date: 2026-06-01 04:05:00
‘Big Blue’ is back in the spotlight, with the stock now firmly in the green YTD.
IBM posted its best weekly gains in 25 years last year, amid optimism around the government’s backing of its new quantum computing venture.
Stocktwits sentiment for IBM climbed higher in the ‘extremely bullish’ zone.
International Business Machines’ stock surged 7% in overnight trading ahead of Monday, extending gains sparked by last week’s quantum foundry announcement, as well as social media users recirculating President Donald Trump’s December comments praising the company’s CEO and stock.
Several notable finance news-related handles on X, including Gurgavin and Polymarket Money, issued posts highlighting Trump calling IBM CEO Arvind Krishna “legendary” and saying that the company’s shares would “go up a lot more.”
The remarks…
