Trending Now - IBM Stock Soars After Resurfacing of Trump’s Praise Video
WHO:
Techmeme - President Trump praised IBM CEO Arvind Krishna.
Bloomberg Markets - International Business Machines Corp. (IBM) is the company involved.
WHAT:
Techmeme - IBM shares jumped over 9% after the video resurfaced.
Bloomberg Markets - The surge added more than $24 billion to IBM’s stock-market value.
Yahoo Finance - IBM shares increased as much as 15% in premarket trading.
WHERE:
Yahoo Finance - The video was shared on social media, specifically on X.
WHEN:
Yahoo Finance - The video is from a December event.
Yahoo Finance - The video was recirculated over the weekend prior to the stock surge.
WHY:
Yahoo Finance - President Trump commended Arvind Krishna for increasing IBM's stock valuation.
HOW:
Techmeme - The video was recirculated on social media platforms, leading to the stock price increase.
Yahoo Finance - The post from Polymarket Money accumulated more than 700,000 views as of 7:30 a.m. in New York.
(UPDATED June 1, 2026 18:54 UTC)
President Trump recently praised IBM CEO Arvind Krishna, which led to a significant surge in IBM's stock value. Following the recirculation of a video from a December event on social media, IBM shares jumped over 9%, adding more than $24 billion to the company's market capitalization, with premarket trading showing an increase of up to 15%. The post from Polymarket Money, which featured the video, garnered over 700,000 views, highlighting the impact of Trump's endorsement on the stock's performance.