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Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

Infosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from software to AI infrastructure. The warning heightened concerns over discretionary technology budgets, deal delays and growth prospects for Indian IT companies.

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Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

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Timeline cronologica

martedì 14 luglio 2026·channelnewsasia.com
IBM warns AI boom is squeezing software budgets; shares sink in sector rout
July 14 : IBM said it had "faltered" in keeping pace with a shift in corporate spending from software to data-center infrastructure and forecast second-quarter earnings below…
martedì 14 luglio 2026·channelnewsasia.com
IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI
July 14 : IBM's preliminary second-quarter revenue forecast came below Wall Street estimate on Tuesday, as customers prioritized spending on AI infrastructure, including servers,…

Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

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Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

Timeline cronologica

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

IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI

IBM disappointment sparks crash in Infosys, Wipro ADRs as AI fears rattle tech sector

IBM shares plunge on earnings warning, signaling IT sector shift

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

IBM stock crashes 22% as AI spending shift hits software industry

'Ugly moment' for software stocks as IBM suffers biggest one-day slump in decades

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

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

IBM Stock Dives After Releasing 'Disappointing' Preliminary Earnings

IBM stock tumbles 25% as preliminary quarterly results fall below expectations

IBM warns AI boom hurting software firms, triggering big rout

Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sector

Software Stocks, IT Services Firms Pummeled Amid IBM's Q2 Earnings Miss

IBM stock crashes 22% as AI spending shift hits software industry

IBM Crashes 24%, Drags Tech and IT Services Stocks Into Selloff - IBM (NYSE:IBM)

'Ugly moment' for software stocks as IBM suffers biggest one-day slump in decades

Why is IBM stock crashing today? Shares plunge over 25% - here’s what’s driving the fall

IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings

IBM disappointment sparks crash in Infosys, Wipro ADRs as AI fears rattle tech sector

IBM loses quarter of its value as tech giant’s shares plunge and profits falter

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

IBM shares plunge 25% as AI spending boom disrupts business

IBM stock logs worst day ever as shares plunge 25% on Q2 earnings warning

IBM stock dives toward worst day in nearly 40 years after earnings miss