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‘We faltered’: IBM stock collapses after a grave warning about AI

Fast Company 14 July 2026 15h ago
‘We faltered’: IBM stock collapses after a grave warning about AI
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IBM is in free fall. As of this writing, shares of International Business Machines Corporation (NYSE: IBM) are currently down more than 23%. The reason? The hardware and software giant released a preliminary earnings report that warned its Q2 will come in below expectations when the official report comes out next week. It’s a shortfall that’s being caused by the AI boom. Here’s what you need to kn
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