IBM's CEO Arvind Krishna revealed disappointing Q2 2026 results, with revenue growth far below expectations and a 7% decline in Infrastructure revenue. The shortfall was mainly due to problems with IBM Z mainframe performance and failed large deals, causing the stock to drop 25% and wiping out $68 billion in market value. Hagens Berman is investigating whether IBM delayed disclosing these issues, urging investors with losses to come forward. The outcome could impact investor confidence and lead to legal actions if wrongdoing is found.
Shares of International Business Machines (IBM) fell 5% in premarket trading following the company's weak earnings report in July. The stock has declined about 15% since the start of the year, reflecting ongoing investor concerns about IBM's financia...
International Business Machines (IBM) is set to report its third-quarter earnings with analysts expecting earnings per share of $2.87 and revenue of $16.84 billion, both increases from the previous year. Susquehanna has maintained a Neutral rating on...
