WS #12111
IBM plunged ~20% after preliminary Q2 revenue miss, with analysts warning AI spending is crowding out other IT budgets. ASML lifted 2026 outlook by up to 19% after blockbuster quarter, shares up 6% premarket.
IBM earnings crash
IBM plunged ~20% after preliminary Q2 revenue miss, with analysts warning AI spending is crowding out other IT budgets.
ASML lifted 2026 outlook by up to 19% after blockbuster quarter, shares up 6% premarket.