WS #12068
IBM shares plunged ~25% after preliminary Q2 revenue miss ($17.2B vs $17.9B est.) due to customer spending shift toward AI infrastructure, triggering a rotation into cybersecurity stocks.
IBM Profit Warning & Tech Rotation
IBM shares plunged ~25% after preliminary Q2 revenue miss ($17.2B vs $17.9B est.) due to customer spending shift toward AI infrastructure, triggering a rotation into cybersecurity stocks.