IBM Stock Collapses After a Grave Warning About AI

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By BeauHDJul 14, 2026, 1:00 pm187 ptsTrendingTop
IBM shares plunged after the company warned that Q2 revenue and earnings would miss expectations, blaming customers' sudden shift in spending toward AI hardware instead of software services. However, CEO Arvind Krishna did not place all the blame on IBM's customers. The CEO also said it "faltered" by failing to…

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