IBM says the AI-driven memory shortage is dinging its sales. That's bad for the stock—and it's pulling software shares downward.
International Business Machines Corp. (NYSE:IBM) warning that clients paused software and mainframe spending amid "rapidly-evolving, industry-wide cybersecurity concerns" sent the stock down more than
IBM warned investors of a shift in tech budgets as AI spending impacts other tech sectors. Security spending is increasing as companies react to AI-driven cybersecurity threats.
On July 14, 2026, cooling consumer prices sparked a broad tech rebound.
IBM's CEO released a letter to shareholders on Tuesday to warn about a "performance shortfall." The revenue miss renewed fears about a SaaSpocalypse.
IBM says customers are diverting spending to storage and memory products. The company "did not anticipate the magnitude of the capex reprioritization.
IBM stock is headed for the worst day in the company's history. The company highlighted stark spending shifts that impacted a broad cross-section of stocks on Tuesday.
International Business Machines (IBM) shares tumbled on Tuesday after the company disclosed preliminary second-quarter results that fell short of Wall Street ex
IBM shares collapsed 24.9% after CEO Arvind Krishna said customers are stocking up on hardware before prices go up. Goldman Sachs jumped 7.4% and added 459 Dow points after crushing second-quarter ear
IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft
HSBC downgrades IBM shares to the equivalent of Sell, pointing to better investment opportunities in a basket of stocks including IonQ and Accenture.
As of noon today, the S&P 500 (^GSPC +0.29%) rose 0.26% to 7,535.12, the Nasdaq Composite (^IXIC +0.89%) climbed 0.81% to 26,083.42 on tech strength, and the Dow Jones Industrial Average (^DJI 0.17%)
IBM (IBM) shares have plummeted by 26% following the release of disappointing Q2 guidance, which missed both earnings per share (EPS) and revenue expectations.
[url="]The Schall Law Firm[/url], a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Internatio
IBM stock is getting hammered and dragging other software stocks down with it after the tech giant warned clients are pulling back spending.
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