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 ...
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IBM stock tumbles 23% in premarket trading as preliminary quarterly results fall below expectations
IBM shares tumbled sharply in premarket trade after the company flagged weaker-than-expected second-quarter results, missing ...
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Infosys, Wipro ADRs Slump Up To 8% As IBM Flags Clients' AI Pivot, Misses Earning Estimates
The decline followed a steep fall in IBM shares, which plunged as much as 23% in pre-market trading.
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