IBM Jumps, Taylor Morrison Gains, Strategy Falls After Selling $2.5 Million of Bitcoin

On this episode of Stock Movers:
- IBM (IBM) shares jump. A nearly six-month old video of Donald Trump praising International Business Machines Corp.’s CEO sent the shares surging, adding more than $24 billion to the company’s stock-market value. The video was recirculated over the weekend on dozens of accounts on X, with one post from Polymarket Money racking up more than 700,000 views.
- Taylor Morrison (TMHC) shares gain. Berkshire Hathaway Inc. will acquire Taylor Morrison Home in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market.
- Strategy (MSTR) shares fall. Strategy disposed of about $2.5 million of Bitcoin, a symbolic break from its maximalist playbook. The sale was the first since late 2022, and comes after Michael Saylor signaled the possibility of token sales during the company's quarterly earnings call last month.

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