Unbiased AI-powered news
5 stories related to this topic, newest first.
ForbesIBM shares dropped sharply Tuesday morning following a letter from CEO Arvind Krishna on second-quarter performance. The decline erased about 67 billion dollars from the company's market capitalization.
ndtv.comCnn reported that IBM shares dropped 24% in premarket trading on July 14, 2026. The decline followed comments from CEO Arvind Krishna on weaker than expected mainframe sales and customer spending shifts toward AI infrastructure.
forbes.comThe company reported weaker-than-expected results tied to its software and infrastructure segments. The decline erased about $55 billion in market value.
forbes.comInternational Business Machines reported adjusted earnings of $2.93 per share and revenue of $17.2 billion for the second quarter, below analyst forecasts. Shares dropped sharply in premarket trading.
investors.comU.S. stock futures displayed mixed movements in pre-market trading on April 23, 2026. ServiceNow shares fell 13% due to delays in deal closings caused by a geopolitical conflict, impacting subscription revenue growth. IBM shares dropped 8% following results that exceeded expectat…