IBM shares plunge 25% as AI spending boom hammers business: ‘Ugly moment for software stocks’

New York Post

The company has been trying to reduce its reliance on the cyclical mainframe business by focusing on its software unit including its high-margin Red Hat business, which helps firms run applications across different cloud providers. ...

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Why is IBM stock crashing today? Shares plunge over 25% - here’s what’s driving the fall

The Times of India

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IBM shares plunge 25% as AI spending boom hammers business: ‘Ugly moment for software stocks’

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Why is IBM stock crashing today? Shares plunge over 25% - here’s what’s driving the fall

IBM Shares Plummet 24% After Initial Results Disappoint Wall Street

IBM warns AI boom is squeezing software budgets, triggers sector rout

IBM warns AI boom hurting software firms, triggering big rout

IBM stock plunges 23% as it says clients are spending less on its AI products

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내년 최저임금 1만 700원…올해보다 3.7% ↑

내년 최저임금 1만 700원…올해보다 3.7% 인상

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