IBM(US:IBM) Xin Lang Cai Jing·2026-02-23 23:27Market - On February 24, U.S. stocks experienced a significant decline, with the Dow Jones, Nasdaq, and S&P 500 all falling due to concerns over artificial intelligence disruptions and Trump's announcement to raise global tariffs from 10% to 15% after the Supreme Court rejected his "reciprocal" tariff plan [2][3] - The Nasdaq Golden Dragon Index, which tracks Chinese stocks, fell by 0.95%, with notable movements including NIO rising by 4.54% and Ctrip dropping by 3.01% [3] - Oil prices stabilized amid uncertainties from U.S.-Iran nuclear talks and new tariffs, with Brent crude settling at $71.49 per barrel and WTI at $66.31 per barrel [4] - Gold prices surged, with COMEX gold futures rising by 3.31% to $5248.90 per ounce, while silver futures increased by 7.26% [5] Company - IBM's stock plummeted by 13.2% as it faced threats from AI developments, particularly from Anthropic's Claude Code tool, which can modernize COBOL systems, a core part of IBM's business [15] - Amazon announced a $12 billion investment in Louisiana to build AI data centers, expected to create 540 full-time jobs and indirectly support 1,700 more [16] - Tesla filed a lawsuit against the California DMV to overturn a ruling that deemed its marketing of autonomous driving capabilities as false advertising [17] - Uber acquired parking app SpotHero to expand its services beyond ride-hailing and food delivery [18] - PayPal's market value has halved, attracting acquisition interest from potential buyers as it struggles with competition [19] - Volvo is recalling over 40,000 electric SUVs due to battery overheating risks, with costs for battery replacements estimated at $195 million [20] - Bayer is suing Johnson & Johnson for false advertising related to a prostate cancer drug, seeking triple damages [21] - Anthropic's CEO is set to meet with the U.S. Secretary of Defense to discuss the use of AI models in defense applications [22]