IBM shares plunge after preliminary Q2 revenue falls short of estimates despite surging AI bookings
IBM issued preliminary second-quarter results on Monday showing revenue of roughly $17 billion, up one percent year over year but well below the $18 billion that analysts had expected. Shares fell as much as 17 percent in premarket trading, erasing weeks of gains that had been fuelled by bullish…
No discussion yet. Be the first to share your thoughts!