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45· Steady
Markets40m ago
IBM released its second quarter earnings, which showed profit and revenue falling short of analysts' expectations.
N/A
Who
IBM
What
IBM released its second quarter earnings, which showed profit and revenue falling short of analysts' expectations.
When
Tue, 14 Jul 2026 13:25:16 GMT · 40m ago
Where
N/A ·
Why
IBM blamed this on clients increasing spending on hardware.
The Frontline Impact
How this affects you
IBM shares slid in premarket trading following the earnings miss. The company cited increased client spending on hardware as the reason for the shortfall.
Story chain
2 events in this thread- Currently Reading40m agoIBM released its second quarter earnings, which showed profit and revenue falling short of analysts' expectations.
- Markets51m agoIBM shares fell 22% to $228 in pre-market trading following a disappointing second-quarter revenue forecast.Open article
Verified Sources & Citations
- HIGHLiveminthttps://www.livemint.com/market/ibm-shares-plunge-22-in-pre-market-after-q2-earnings-forecast-falls-short-of-estimates-11784034454697.html
- HIGHFox Businesshttps://www.foxbusiness.com/technology/ibm-sends-shockwave-through-tech-industry-ai-warning
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