BREAKING
IBM Shares Plunge Over 20%
0
B
Revenue (+1% YoY)
0
$
Adjusted EPS
0
B
Market value lost
CEO: Large Deals Failed to Close
AI Hardware Crowds Out Software
1
Secure GPUs
↓
2
Build data centers
↓
3
Software leftover
Segment Growth Split Widens
Infra
-7
Software
5
Red Hat
11
Distributed
37
Formal Results Due July 22, 2026
AI NEWS BLITZ
IBM stunned investors with a preliminary earnings warning, sending its stock sharply lower.