WS #12083

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IBM pre-announced disastrous earnings, stock plunged >25% in worst drop since 1968, citing enterprise software budget cuts to fund AI hardware, dragging tech sector.

IBM Profit Warning & Tech Sector Rout

IBM pre-announced disastrous earnings, stock plunged >25% in worst drop since 1968, citing enterprise software budget cuts to fund AI hardware, dragging tech sector.

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