Event Brief
IBM shares drop 23% after second-quarter earnings warning
Filed: Jul 14, 2026 at 3:00 PM ET
Summary: IBM shares fell 23% after the company issued a preliminary second-quarter earnings warning.
WHO: IBM
WHAT: IBM released preliminary second-quarter results and issued an earnings warning that fell short of expectations.
WHEN: Jul 14, 2026 at 11:16 AM ET
WHERE: USA
WHY: The shortfall was blamed on weakness in IBM’s software and infrastructure business as clients shifted capex toward hardware purchases.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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