IBM stock plunges after weak Q2 prelims as AI infrastructure spending delays software deals.
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With the chip sector at the center of market volatility, ASML raises guidance, IBM massively disappoints and SK Hynix regains some confidence.
/PRNewswire/ -- On July 14, 2026, International Business Machines Corporation (NYSE: IBM) shares fell more than 24% after IBM released preliminary ...
International Business Machines Corporation is still expensive despite the big selloff as the AI story unravels. Read more on IBM stock here.
CNBC's Jim Cramer said IBM's sharp sell-off isn't enough to make the stock a buy.
Failure will apparently not be tolerated ...
Also in today's newsletter: IBM shares plunge and DeepSeek weighs new fundraising ...
Shares fell more than 25% in early trading in New York - putting it on course to eclipse the previous record drop of 23% on Black Monday in 1987.
IBM shares plummet 25% on weak preliminary earnings - SiliconANGLE ...
IBM (IBM) closed at $217.07 in the latest trading session, marking a -25.21% move from the prior day.