IBM Stock Drops Sharply After Disappointing Q2 Preliminary Results

International Business Machines (IBM) stock fell by 25% after reporting weaker-than-expected preliminary second-quarter results. CEO Arvind Krishna attributed the decline to customers shifting spending toward servers and memory chips amid rising prices, which impacted IBM's software revenue.

By Aaron McDade Tue, July 14, 2026 at 5:09 PM GMT+3 2 min read · Yahoo Finance · July 14, 2026, 14:09 UTC

IBM Stock Drops Sharply After Disappointing Q2 Preliminary Results

Tickers: $ADBE $CRM $IBM $INTU $NOW

Topics: IBM Q2 results software spending slowdown stock decline

Read the full article at Yahoo Finance

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