IBM's Pre-Announcement Causes Market Divergence: Cybersecurity and AI Chip Stocks Rise, Software Stocks Fall

International Business Machines (IBM) issued a pre-announcement of its second-quarter results showing revenue growth below expectations. This caused cybersecurity stocks like CrowdStrike and Okta to rise while enterprise software providers such as ServiceNow and Microsoft fell.

By Danny Vena, CPA · Motley Fool · July 14, 2026, 17:58 UTC

Tickers: $CRWD $IBM $MSFT $MU $NOW $OKTA $SNDK

Topics: AI chip stocks cybersecurity stocks IBM S&P 500 stock market reaction

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