IBM Shares Jumped 5% After JPMorgan Upgraded the Stock on Software Acceleration. Here Is What IBM Stock Needs to Sustain the Momentum.

The tech sector took a hit on June 22, 2026. The Nasdaq 100 ($IUXX) dropped 3.29%, while the iShares Semiconductor ETF (SOXX) fell 7.88%. In Asia, South Korea’s Kospi slid over 10% as foreign investors pulled more than $2.5 billion from chip stocks. … [5444 chars]