Shares fell more than 25% in early trading in New York - putting it on course to eclipse the previous record drop of 23% on Black Monday in 1987.

“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.

“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.

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 shares plunged over 20% on Tuesday and the company led a massive market rout after forecasting second-quarter revenue below estimates and signaling...

IBM verfehlt die Erwartungen deutlich, die Aktie bricht um über 20 Prozent ein. Anleger zweifeln zunehmend am KI-Kurs des Konzerns.

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.

International Business Machines Corporation (IBM) is currently at $217.53, down $72.70 or 25.05%

IBM stock hits a rough patch: Q2 revenue misses estimates amid shifting enterprise spending. Here’s the impact on the tech market.

IBM shares plunged more than 23 per cent on Tuesday after the tech giant warned that customers were diverting spending

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…

«Big Blue» avverte che i clienti stanno concentrando le spese su server, chip e altri strumenti utili per l’intelligenza artificiale e risparmiando su software e servizi. Il…

La empresa reportó ingresos por US$17.200 millones y admitió que no logró adaptarse con suficiente rapidez al cambio en las decisiones de inversión de las grandes compañías.

IBM shares dropped 25% at market open after reporting earnings below expectations. Here's what the tech giant's stumble means for crypto investors.

"No nos adaptamos ni nos movimos lo suficientemente rápido", dijo el número uno de IBM.

IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft

La inquietud radica en las preocupaciones de que las inversiones de algunos clientes se están desviando hacia negocios como las memorias, lo que podría retrasar proyectos y…

By Hannah Pedone and Tomi Kilgore

Unerwartet verlautbart der IBM-Chef Finanzzahlen. Sie sind schlechter als erwartet. Die Aktie stürzt schlimm wie noch nie.

CEO Arvind Krishna admitted the tech giant ‘did not adapt quickly enough’.