IBM Shares Rebound After $70 Billion Loss Triggered by Weak Q2 Earnings and AI Shift

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15 July 2026 at 9:16 pm

IBM Shares Rebound After $70 Billion Loss Triggered by Weak Q2 Earnings and AI Shift

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Summary

IBM shares rebounded nearly 2% after a 25% plunge, which wiped out $70 billion in market value, triggered by weaker-than-expected Q2 results and concerns over customer spending shifting to AI infrastructure.

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