16 July 2026 at 3:15 am
Summary
IBM's stock experienced a historic 25% crash after CEO Arvind Krishna admitted the company failed to adapt quickly enough, leading to a surprise earnings miss. Analysts attribute the decline to shifts in client spending towards AI and other platforms, impacting IBM's software and infrastructure businesses.
IBM Suffers Worst Stock Crash in History Amidst Warnings of Dual AI Market Bubbles
16 Jul 2026, 3:15 am · Finance
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IBM Suffers $70 Billion Market Loss After CEO Admits Lag in AI Adaptation
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IBM Shares Plunge 25% Amid Customer Shift to AI, CEO Admits Company "Faltered"
15 Jul 2026, 1:17 am · Business
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