IBM Shares Fall by Most Since 1960s on Disappointing Sales
International Business Machines Corp. shares slid by the most in almost six decades after the company reported preliminary second-quarter sales that fell short of expectations, attributing the miss to customers...
By Amy Thomson · Bloomberg Markets
International Business Machines Corp. shares slid by the most in almost six decades after the company reported preliminary second-quarter sales that fell short of expectations, attributing the miss to customers shifting their spending to chips and servers amid AI-fueled shortages.