IBM's shares have plummeted 26.5%, reaching a multi-quarter low after a cautious sales outlook. The stock saw its biggest drop in over 50 years, attributed to shifting customer spending amid AI-related supply shortages, impacting its software and infrastructure businesses significantly.
IBM's shares have plummeted 26.5%, reaching a multi-quarter low after a cautious sales outlook. The stock saw its biggest drop in over 50 years, attributed to shifting customer spending amid AI-related supply shortages, impacting its software and infrastructure businesses significantly.
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