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

IBM warns of massive sales shortfall as AI spending reshapes the tech landscape

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