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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.
Forbes contributors publish independent expert analyses and insights. Jim Osman is a finance expert with over 30 years of experience. This voice experience is generated by AI. Learn more. This voice ...
Admittedly, the negative reaction to Krishna's statement was understandable. According to IBM's preliminary Q2 results, the company's revenue grew by just 1% year over year. That is well below its 9% ...
Shares fell more than 25% Tuesday, the largest one-day drop on record after the company issued a rare profit warning, citing a shift in customer spending from software to artificial-intelligence ...
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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 forecasts Q2 revenue and profit below estimates CEO says 'numerous large deals' failed to close as expected AI infrastructure boom drawing spending away from other technologies, CEO says IBM set ...
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 ...
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