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 estimates, the clearest sign yet of AI's growing toll on the sector.The warning sent IBM's shares down 26 per cent in early trading on

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…

July 14 : IBM said it had "faltered" in keeping pace with a shift in corporate spending from software to data-center infrastructure and would take a big earnings hit in the second…

Empresa de software enfrentou forte desvalorização após anunciar resultados do segundo trimestre

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…

The sector-wide rout was ignited by IBM releasing its preliminary second-quarter results ahead of schedule