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IBM now expects 2026 revenue growth of 4% to 5%, down from prior expectation of more than 5% growth Z mainframe revenue slumped 42% in the second quarter Second-quarter adjusted profit was $2.93 per ...
IBM's results trailed estimates, even after analysts lowered projections to reflect an earnings warning. The revenue and adjusted earnings per share were in line with the figures released a week ago.
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IBM’s stock suffered its worst trading day since 1968 on Tuesday after the company admitted it had “faltered” in adapting to the tech industry’s spending shift toward the artificial intelligence race.
International Business Machines IBM3.91%increase; up pointing triangle shares sank as much as 25% in morning trading after the company issued a profit warning citing a shift in customer spending from ...
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An extraordinary warning from IBM CEO Arvind Krishna sent shares plunging – on pace for their worst day in the 115-year-old company’s history. IBM (IBM) shares plunged 24% in premarket trading. Its ...
IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft Shares in IBM plunged more than 25% on Tuesday after the US tech giant released ...
A person holds up a printed circuit board with a quantum processing unit at the IBM Thomas J. Watson Research Center on June 6, 2025 in Yorktown Heights, New York. Technology veteran IBM on June 10 ...
IBM unveiled what it calls a “major semiconductor breakthrough” today, with the introduction of the world’s first sub-1 nanometer chip technology. The new chip “node”—a manufacturing process and its ...
A new chip architecture from IBM can integrate nearly 100 billion transistors on a chip the size of a human fingernail—nearly twice the transistor density of the company’s previous generation of chip ...