AFP14 Jul, 2026 07:30 PM3 mins to readShares in IBM plunged 25% on Tuesday local time after the United States tech giant released disappointing preliminary second-quarter results. Photo / Getty ImagesShares in IBM plunged 25% on Tuesday local time after the United States tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers because of expected higher prices for memory chips and other AI-related infrastructure.
In late trading, the stock had recovered minor ground and was
