IBM shares drop 23% after second-quarter earnings warning

By The BriefBrief

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.

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

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.

Know more. Read less.

The BriefBrief — updated continuously, every category, every day.

Health officials reportedly investigate Taco Bell over outbreak

World Jul 14, 2026 at 3:00 PM ET

Carafano says Iran’s nuclear and proxy options are gone

World Jul 14, 2026 at 3:00 PM ET

Critics call $200B plan for 15 Trump-class battleships waste

Us Jul 14, 2026 at 3:00 PM ET

Oil prices set for back-to-back rise on Hormuz narrative

World Jul 14, 2026 at 3:00 PM ET

First Previous 12916 12917 12918 12919 12920 Next Last

Page 12918 of 21434