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IBM stock craters 25%, the worst day on record, after company issues second-quarter earnings warning

The CEO blamed the shortfall on weakness in the software and infrastructure business because clients...

BUSINESS NEWS July 14, 2026

IBM stock craters 25%, the worst day on record, after company issues second-quarter earnings warning

The CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.

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The CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.

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