WS #12069

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IBM plunges ~25% after Q2 earnings miss, citing customer spending shift to AI infrastructure, dragging tech sector. US June CPI 3.5% YoY vs 3.8% est., core 2.6% vs 2.8% est., reducing Fed rate hike fears and boosting risk assets.

IBM Profit Warning

IBM plunges ~25% after Q2 earnings miss, citing customer spending shift to AI infrastructure, dragging tech sector.

US June CPI 3.5% YoY vs 3.8% est., core 2.6% vs 2.8% est., reducing Fed rate hike fears and boosting risk assets.

Full world state #12069 →