IBM Stock Drops Sharply Amid Missed Revenue Targets and Shift in AI Spending

On July 14, IBM (NYSE:IBM) stock fell by 25.2%, erasing $68 billion from its market value due to unmet revenue targets and a shift in AI spending toward hardware. Despite strong global growth in AI infrastructure investment, the company struggled with missed mainframe goals and delayed major deals.

By Habib Ur Rehman Sun, July 19, 2026 at 4:10 PM GMT+3 4 min read · Yahoo Finance · July 19, 2026, 13:10 UTC

IBM Stock Drops Sharply Amid Missed Revenue Targets and Shift in AI Spending

Tickers: $IBM

Topics: AI spending IBM stock crash market reaction revenue miss

Read the full article at Yahoo Finance

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