IBM released preliminary second-quarter results then fell below Wall Street expectations and showed a sharp weakness in its infrastructure business.
Inflation will likely remain a headache even if the rate of price increases slowed in June.
IBM reported preliminary Q2 revenue of $17.2 billion, well below analyst expectations, as large deals failed to close on time ...
IBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing ...
The decline followed a steep fall in IBM shares, which plunged as much as 23% in pre-market trading.