IBM shares are poised to suffer one of their worst-ever trading days after the tech giant warned customers were diverting spending away from software and into AI infrastructure. The warning wiped more than $50bn (£37bn) from IBM’s market value, sending the stock down more than 20 per cent and putting it on course for its [...]
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July 14, 2026 at 2:27 PM
‘Ugly moment’ for software stocks as IBM suffers biggest one-day slump in decades
CityAM