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IBM

6 stories · 3 sources · updated every week
IBM plummeted 23-25% on July 14, losing $70 billion in market value after CEO Krishna admitted execution failure and clients shifted spending to AI. Watch for cybersecurity stocks to rally as a hedge against AI-enabled attacks.

Timeline

IBM Shares Crashed 25% In Worst Day Ever—Here’s Why - Forbes

Google News Business

IBM Plunges 25% as Clients Pivot Spending to AI

Google News Business

‘An ugly moment for IBM and software stocks’: Big Blue set to lose US$70 billion in market value today after earnings warning

Globe and Mail Business

Cybersecurity stocks rally on AI spending change comments from IBM's Krishna

CNBC

US Stocks Steady as Inflation Cools to 3.5%, IBM Plunges

Google News Business

IBM stock craters 23% after issuing second-quarter earnings warning

CNBC

S&P 500 gains after light inflation data, bounce in chip stocks: Live updates - CNBC

Google News Business

IBM's Quarterly Investor Update Looms

Motley Fool

IBM Quantum Chip Simulates 1D Spin Transport

Phys.org

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