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Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
IBM CEO Arvind Krishna told CNBC's Sara Eisen that some major deals were put on hold toward the end of the quarter as businesses rethink spending.
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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…
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economictimes.indiatimes.com
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…
