July 22, 2026

The Boardroom Debate That Led to IBM’s Historic 25% Stock Plunge | The 10-Point for July 17

 The Boardroom Debate That Led to IBM’s Historic 25% Stock Plunge | The 10-Point for July 17

1. FROM MY DESK

One of the biggest shocks to Wall Street this week was IBM’s AI profit warning, which triggered a 25% plunge in its shares—the worst in the company’s history. The news has sparked discussions about whether IBM should be broken apart or an activist investor will come hunting for the century-old company. We have the inside story on the board’s gamble on transparency, how it backfired and what lies ahead for Big Blue.

In case you missed it: President Trump delivered an extraordinary prime-time address last night focused on election security. Read our takeaways here.

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Author

  • Peter Lynch

    Lynch co-authored several bestselling investment classics, including One Up on Wall Street, Beating the Street, and Learn to Earn. Known for his accessible and common-sense approach to the stock market, he coined the famous investment mantra, "Invest in what you know." This philosophy empowers everyday individual investors to find market-beating opportunities by observing consumer trends and products in their own daily lives before Wall Street notices them.Beyond his writing and investing career, Lynch is a prominent philanthropist. He works actively through the Lynch Foundation to support education, medical research, and cultural organizations. He continues to serve as a vice chairman of Fidelity Management & Research Company, mentoring new generations of financial analysts.

Peter Lynch

https://investmentdepartment.com

Lynch co-authored several bestselling investment classics, including One Up on Wall Street, Beating the Street, and Learn to Earn. Known for his accessible and common-sense approach to the stock market, he coined the famous investment mantra, "Invest in what you know." This philosophy empowers everyday individual investors to find market-beating opportunities by observing consumer trends and products in their own daily lives before Wall Street notices them.Beyond his writing and investing career, Lynch is a prominent philanthropist. He works actively through the Lynch Foundation to support education, medical research, and cultural organizations. He continues to serve as a vice chairman of Fidelity Management & Research Company, mentoring new generations of financial analysts.

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