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International Business Machines (IBM) Stock Drops 1.3% Despite Quantum Computing Buzz

Summary by Blockonomi
Key Highlights Milwaukee Bucks forward Kyle Kuzma toured IBM’s Thomas J. Watson Research Center, sharing his quantum computing experience with his 1.3 million X platform followers. The tech giant clarified the laboratory visit wasn’t sponsored — Kuzma initiated contact after publicly showing interest in quantum technology on social platforms. Wall Street consensus rates IBM as “Moderate Buy” with a $306.47 average price target; Bank of America …

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Globo broke the news in Brazil on Thursday, July 9, 2026.
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