BREAKING
IBM Shares Tumble 25% on AI Warning
0
%
share drop
0
B
value erased
Q2 Revenue Falls Short of Forecast
IBM guide
17
Analyst est
17.86
Why the Miss Happened
1
AI hardware demand
↓
2
Capex to servers
↓
3
Software cut
↓
4
Deals missed
SaaSpocalypse Fears Revive
Full Q2 Results Due July 22
AI NEWS BLITZ
IBM warns that AI infrastructure spending is squeezing its software budgets.