IBM's preliminary Q2 2026 revenue of $17.2 billion missed analyst estimates of $17.86 billion, sending shares lower ahead of its July 22 earnings call.

CEO Arvind Krishna writes letter to investors to explain "performance shortfall"

IBM's Q2 miss wasn't weak AI demand. It was budget rotation to hardware. Here's what the shift from software to infrastructure spend means for CIOs

IBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit and revenue estimates. Management…