Event Brief
UPDATED Jul 14, 2026 at 9:00 PM ET
Jul 14, 2026 at 8:02 AM ET
IBM shares fall over 20% after earnings warning
By The BriefBrief
IBM warned second-quarter earnings would fall short, sending its shares down more than 20%.
WHO: IBM
WHAT: IBM warned that second-quarter earnings would fall short of expectations, driving a more than 20% share drop.
WHEN: Jul 14, 2026 at 7:49 AM ET
WHERE: USA
WHY: IBM said the shortfall was due to weakness in its software and infrastructure business as clients shifted money toward hardware purchases.
How this story developed (showing 2 of 2 earlier reports)
Reporting from 3 identified publishers across this event arc.
View all 3 publishers
Publishers represented across this event arc
- CNBC Top News —
2 articles
- Financial Times — View reporting
- MarketWatch —
2 articles
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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