Latest / The Narrative Networks Podcast
Blaming H-1B Visas for IBM’s 25% Crash: Fact-Checking PBD Podcast #833
Hey! I'd love to hear your thoughts, send me a voice note.
On PBD Podcast #833, published July 16, 2026, a co-host opens at the eighteen-second mark by tying IBM's 25% single-day stock collapse to H-1B hiring. We scored the two halves separately: the stock drop is true, 0.97. The causal tie to H-1B hiring is mostly-false, 0.15, and flagged as misinformation.
IBM gave its own account the same day, in Arvind Krishna's letter to investors filed as Exhibit 99.1 to the July 14 8-K: a shortfall in Z and its associated software stack, after clients shifted quarterly capex toward supply-constrained…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.