IBM (NYSE:IBM) Q2 miss exposes the cost of the AI hardware rush
New York, July 14, 2026, 08:06 EDT. Preliminary revenue of $17.2 billion was 3.7% below consensus; adjusted earnings of $2.93 a share missed by 3.0%. (Reuters) IBM shares dropped about 17% in…
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Ibm warns $17.2 billion revenue trails estimates by 17%
IBM projected $17.2 billion in preliminary second-quarter revenue, missing the $17.86 billion Wall Street estimate as customers shifted spen
IBM stock plunged after the company warned its revenue fell short of expectations
IBM reported preliminary Q2 revenue of $17.2 billion, well below analyst expectations, as large deals failed to close on time
IBM Warns AI Boom Is Squeezing Software Budgets; Shares Slump in Sector Rout
IBM said on Tuesday it expects second-quarter revenue of $17.2 billion, according to preliminary results. Analysts expect the compan
‘We faltered’: IBM stock collapses after a grave warning about AI
IBM is in free fall. As of this writing, shares of International Business Machines Corporation (NYSE: IBM) are currently down more than 23%.
IBM warns Q2 revenue fell short as customers shifted mainframe budgets to AI hardware; stock plunges
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theregister.com·10h agoIBM's stock tumbles as preliminary 2Q results come in below Wall Street's expectations
Shares of IBM slid Tuesday as the company provided preliminary second-quarter results below Wall Street’s expectations.
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