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IBM’s profit warning shows tech valuations are all in the timing
There is a case for believing AI revenue will grow more slowly than the hyperscalers have baked into their plans
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channelnewsasia.com
IBM warns AI boom is squeezing software budgets, triggers sector rout
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…
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financialpost.com
Software stocks sink as IBM miss delivers ‘devastating blow’
Software and IT service stocks are under pressure as investors fret the proliferation of AI will reduce demand for their services. Read more
