IBM Warns of Missed Earnings, Sending Software and Consulting Stocks Down

IBM reported weaker-than-expected second-quarter results due to shifting client spending toward hardware amid supply constraints. The stock dropped nearly 23% in premarket trading on July 14, marking its worst single-day decline in almost four decades.

By Opeyemi Babalola Wed, July 15, 2026 at 8:07 PM GMT+3 4 min read · Yahoo Finance · July 15, 2026, 17:07 UTC

IBM Warns of Missed Earnings, Sending Software and Consulting Stocks Down

Tickers: $IBM $MU $SKHYV

Topics: Earnings Warning IBM Mainframe Sales Stock Market Reaction

Read the full article at Yahoo Finance

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