IBM Shares Plunge 22% in Pre-Market After Q2 Earnings Forecast Falls Short

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Finance

14 July 2026 at 7:39 pm

IBM Shares Plunge 22% in Pre-Market After Q2 Earnings Forecast Falls Short

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Summary

IBM shares plummeted 22% in pre-market trading after its Q2 earnings forecast of $17.2 billion fell short of the estimated $17.9 billion. CEO Arvind Krishna attributed the decline to customers delaying spending due to shifting priorities.

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IBM Shares Plunge 22% in Pre-Market After Q2 Earnings Forecast Falls Short | News Studio | News Studio