IBM and University of Chicago researchers have demonstrated a quantum computing system that they ...
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Monday - Friday, 6:00 - 7:00 PM ET CNBC's Jim Cramer said IBM's sharp sell-off isn't enough to make the stock a buy, as corporate IT spending is shifting away from software toward cybersecurity, ...
An extraordinary warning from IBM CEO Arvind Krishna sent shares plunging – on pace for their worst day in the 115-year-old company’s history. IBM (IBM) shares plunged 24% in premarket trading. Its ...
IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft Shares in IBM plunged more than 25% on Tuesday after the US tech giant released ...
International Business Machines IBM0.86%increase; up pointing triangle shares sank as much as 25% in morning trading after the company issued a profit warning citing a shift in customer spending from ...
IBM stock tanked after the company released preliminary second-quarter results that fell short of expectations. CEO Arvind Krishna blamed the shortfall on weakness in the software and infrastructure ...
Shares fell more than 25% Tuesday, the largest one-day drop on record after the company issued a rare profit warning, citing a shift in customer spending from software to artificial-intelligence ...
IBM forecasts Q2 revenue and profit below estimates CEO says 'numerous large deals' failed to close as expected AI infrastructure boom drawing spending away from other technologies, CEO says IBM set ...
Admittedly, the negative reaction to Krishna's statement was understandable. According to IBM's preliminary Q2 results, the company's revenue grew by just 1% year over year. That is well below its 9% ...