Did the crash spread to other tech stocks?
Yes, but selectively. Software peers including Microsoft, Salesforce, ServiceNow, and Intuit fell roughly 2% to 5% the same day. The broader Nasdaq 100 still rose, suggesting investors were repricing enterprise-software exposure to AI capex shifts rather than fleeing the entire tech sector.
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IBM Just Had Its Worst Trading Day in 115 YearsIBM stock crashed 25.2% on July 14, 2026, erasing $67 billion after a modest earnings miss — worse than Black Monday 1987.
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