The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.
IBM shares fell just over $73 to ~$217 — a jaw-dropping 25% single-day decapitation.
IBM said it had "faltered" in keeping pace ​with a shift in corporate spending from software to data-center infrastructure ...
IBM shares tumbled Tuesday after the software giant posted preliminary results for the second quarter that disappointed.
Investment Thesis The nearly 25% plunge in International Business Machines (NYSE:IBM) stock came as a sudden shock to ...
The company tumbled sharply after previewing quarterly results that were disappointing. It’s not good news for software and ...
IBM stock plunged 25% after weak Q2 pre-results as spending shifts to AI hardware. What's next for Big Blue? Seeking Alpha ...
"This quarter we faltered," IBM CEO Arvind Krishna said in a letter to investors released Tuesday after worse than expected ...
IBM's Q2 miss wasn't weak AI demand. It was budget rotation to hardware. Here's what the shift from software to infrastructure spend means for CIOs ...
Starbucks is building AI tools to replace Microsoft and IBM software, targeting its $400 million spend. Why software stocks ...
Software stocks slid and AI hardware plays rose IBM attributed disappointing preliminary results to execution issues and customers prioritizing spending on servers, ...
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