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IBM Stock Jumps 9% on Recirculated Trump CEO Praise Video

Bloomberg Markets •
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International Business Machines Corp. shares jumped nearly 9% on Monday after an old video of Donald Trump praising the company's CEO began circulating online again. The unexpected market reaction added roughly $24 billion to IBM's market capitalization, demonstrating how political sentiment can still move major tech stocks despite the dated nature of the content.

The video's resurgence comes from a period nearly six months ago, suggesting renewed investor optimism about potential government relations under Trump's administration. For a company of IBM's size, a single-digit percentage gain represents substantial value creation in just one trading session, highlighting the market's continued sensitivity to political connections in the technology sector.

While the fundamental business operations haven't changed, markets often price in future expectations rather than current reality. IBM investors appear to be betting that favorable presidential attention could translate into government contracts or regulatory advantages down the line, particularly given the administration's focus on domestic technology and artificial intelligence initiatives.

This episode reveals how social media can amplify old content into fresh market catalysts, creating volatility that disconnects from traditional financial metrics. The $24 billion swing shows that political narratives still carry significant weight in tech stock valuations, even when they reference months-old events.