IBM is in free fall.
Today, July 14, 2026, customers redirected IT budgets away from software and infrastructure, raising questions about near-term demand durability.
Shares of the corporate stalwart plunged 25% as AI purchases crowd out traditional tech spending in many companies' budgets.
The company said the shortfall in its software and infrastructure business was tied to clients spending on memory ahead of price hikes.
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“When we discussed our expectations with you in April, we noted that we would be wrapping on the launch of z17 in the second quarter. Given this was the strongest start to a mainframe program in our
MILWAUKEE, July 14, 2026 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against IBM (NYSE: IBM). The investigation results from inaccurate statements IBM may have made reg
NEW YORK--(BUSINESS WIRE)---- $IBM #AI--IBM Stock Plummets over 25% after Shortfall Announced Triggering Securities Fraud Investigation.
Characteristics and Risks of Standardized Options: https://bit.ly/2v9tH6D. @CharlesSchwab's Joe Mazzola believes Microsoft (MSFT) is in a "show me" period when it comes to how it will make ROI off all
Don't put all your eggs in one basket
Palo Alto Networks Inc. (NASDAQ:PANW) shares are climbing Tuesday alongside several cybersecurity peers as the AI-driven security spending theme continues to attract buyers. Here's what you should kno

What IBM's Bad Quarter Means for Tech Stocks

02:45pm, Tuesday, 14'th Jul 2026
IBM's brutal second-quarter preliminary results came with some good news for artificial-intelligence hardware and cybersecurity vendors.
Cybersecurity stocks jumped on Tuesday after IBM CEO Arvind Krishna flagged cyber fears as a top priority for customers in the company's preliminary second-quarter results. Krishna told CNBC's Sara Ei
Shares in IBM plunged 24% on Tuesday after the U.S. tech giant released disappointing preliminary second-quarter results, blaming a shift in customer spending due to expected higher prices for memory
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