IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft Shares in IBM plunged more than 25% on Tuesday after the US tech giant released disappointing preliminary second-quarter results. IBM’s stock was on track for an even steeper single-day...
Source: [Guardian Business](https://www.theguardian.com/technology/2026/jul/14/ibm-shares-profit-drop-value)