IBM Shares Plunge 25% After Company Says It ‘Faltered’ On AI Spending Shift
Covered by 3 sources · 3 articles
3 outlets - including Cryptopress, Cryptobriefing and Cryptoadventure - are covering this story. IBM shares plunged 25.23% on July 14 after the computing group warned that second-quarter revenue and adjusted earnings would fall short of market expectations. The stock closed at $217.07 after trading as low as $213.34, producing one of I…
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IBM Shares Plunge 25% After Company Says It ‘Faltered’ On AI Spending Shift
IBM shares plunged 25.23% on July 14 after the computing group warned that second-quarter revenue and adjusted earnings would fall short of market expectations. The stock closed at $217.07 after trading as low as $213.34, producing one of I…
IBM shares plunge on earnings warning, signaling IT sector shift
IBM's earnings warning highlights potential tightening in enterprise IT spending, impacting software and consulting sectors broadly.
IBM Shares Plunge 25% After Company Says It ‘Faltered’ On AI Spending Shift
IBM shares plunged 25.23% on July 14 after the computing group warned that second-quarter revenue and adjusted earnings would fall short of market expectations. The stock closed at $217.07 after trading as low as $213.34, producing one of I…