IBM's stock crashed 25% after Q2 results missed estimates, while ASML raised its outlook. Here's what the AI spending divide means for tech and crypto

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

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…

IBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing both profit and revenue estimates. Management…

By Hannah Pedone and Tomi Kilgore