IBM shares plunged more than 23 per cent on Tuesday after the tech giant warned that customers were diverting spending
“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.
IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft
IBM stock plunged 25% after Q2 2026 revenue of $17.2B missed estimates by $700M, marking its worst day since 1968 as AI spending shifts rattle markets.
IBM shares plunged over 20% on Tuesday and the company led a massive market rout after forecasting second-quarter revenue below estimates and signaling...
A $69 billion wipeout and worst fall in nearly 40 years - IBM’s share price on Tuesday crashed 26% in trade in a sign of how the technology sector is rebalancing with the growth of artificial intelligence. Shares of IBM…
July 14 : IBM sparked a market rout on Tuesday after forecasting second-quarter revenue below estimates and signaling that businesses were favoring spending on data-center infrastructure over software, the starkest sign…
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 sparked a market rout on Tuesday after forecasting second-quarter revenue below estimates and signaling that businesses were favoring spending on data-center…
CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.
IBM stock dropped nearly 20%, erasing $55 billion in market cap after an earnings miss driven by software and infrastructure weakness. What it means for
IBM stock tumbled after the company published its earnings ahead of schedule and acknowledged a "disappointing" quarter.
Empresa de software enfrentou forte desvalorização após anunciar resultados do segundo trimestre
IBM struggled over the past three months as customers scrambled to get their hands on components that AI datacenters are gobbling up, its CEO said.
Software stocks were hammered after IBM pre-announced weaker-than-expected Q2 financial results. Shares in IT services firms also fell.
IBM warns AI infrastructure spending is hurting software budgets as revenue misses estimates, sending IBM shares and software stocks sharply lower.
IBM stock hits a rough patch: Q2 revenue misses estimates amid shifting enterprise spending. Here’s the impact on the tech market.
"This redirection of budgets towards AI has been a topic that Karl Keirstead/team have been articulating as a potential risk for some time..."
IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on…
IBM issued preliminary Q2 results showing revenue of $17 billion, below analyst estimates, as clients shifted spending and large deals failed to close.
IBM shares dropped 25% at market open after reporting earnings below expectations. Here's what the tech giant's stumble means for crypto investors.
The sector-wide rout was ignited by IBM releasing its preliminary second-quarter results ahead of schedule