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

IBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. CEO Arvind Krishna said clients prioritized AI infrastructure, securing supply-constrained hardware in June. He also atrributed the shortfall to execution lapses and a mainframe business setback.

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

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Timeline cronologica

martedì 14 luglio 2026·forbes.com
Here’s Why IBM Is Crashing Toward Its Worst Day Ever
“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.
martedì 14 luglio 2026·datacenterdynamics.com
IBM releases preliminary results for Q2 2026, sees shares drop by more than 20 percent
CEO Arvind Krishna writes letter to investors to explain "performance shortfall"

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

Confronto fonti

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

Timeline cronologica

Here’s Why IBM Is Crashing Toward Its Worst Day Ever

IBM releases preliminary results for Q2 2026, sees shares drop by more than 20 percent

IBM shares plunge 25% as AI spending boom disrupts business

Here’s Why IBM Is Crashing Toward Its Worst Day Ever

IBM shares plunge 25% as customers shift spending to AI

IBM shares plunge 25% after CEO admits company fell behind | Fortune

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Here’s Why IBM Had Its Worst Day Ever

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

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

SaaSpocalypse Is Back: IBM Crashes Most Since 1987 As Customers Abruptly "Shift CapEx Spending"

IBM stock falls 20%, erasing $55B in market cap after earnings miss

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IBM is on pace for its worst day ever | CNN Business

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)

Read IBM CEO's letter to investors warning about its poor results: 'This quarter we faltered'

IBM's mainframe sales get mugged by AI hardware panic, stock sheds more than a quarter of its value

IBM's mainframe sales get mugged by AI hardware panic, stock loses more than a quarter of its value

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

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IBM anticipa unos resultados d�biles y se hunde en Bolsa