By
Ben Shimkus
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CEO Arvind Krishna wrote a letter to shareholders eight days before the company was supposed to release its quarterly earnings.
IBM CEO Arvind Krishna wrote a letter to shareholders about a revenue miss. It's renewing months-old fears about a SaaSpocalypse.
By
Ben Shimkus
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CEO Arvind Krishna wrote a letter to shareholders eight days before the company was supposed to release its quarterly earnings.

IBM's stock just had its worst day since 1968

This "will rattle many": IBM stock tanks as AI budgets shift

IBM's profit warning signals a seismic shift in how enterprises are spending on AI

IBM shares plunge 25% after CEO admits company fell behind | Fortune

IBM shares plunge 25% as AI spending boom disrupts business

Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AI

IBM warns AI boom is squeezing software budgets; shares sink in sector rout

Here’s Why IBM Is Crashing Toward Its Worst Day Ever

IBM is on pace for its worst day ever | CNN Business

IBM warns AI boom is squeezing software budgets, triggers sector rout

In a recent letter to investors, IBM CEO Arvind Krishna explained that the company experienced some unexpected shortfalls in its…

IBM startled investors Tuesday with an acknowledgment that shifting priorities in the AI economy are bludgeoning its core…

IBM's Q2 miss and 25% stock drop reveal enterprises shifting AI spend from software to hardware, with ripple effects for crypto…

IBM’s AI bet is creating a painful paradox: the technology transforming the industry is also pressuring the company’s core…

CEO Arvind Krishna said in his letter to investors that IBM had underestimated the "magnitude" of clients changing spending…

CEO Arvind Krishna admitted the tech giant ‘did not adapt quickly enough’.