Software stocks plunge on ServiceNow, IBM results
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Tech company IBM has wrapped its first quarter of the fiscal year and is out with earnings. The company beat on revenue expectations, but missed the EPS whisper number. IBM’s Q1 2026 earnings report was published today.
IBM (NYSE: IBM | IBM Price Prediction), once the beacon of America’s tech world, stumbled again after earnings showed it barely compares with industry giants on AI revenue. Its stock tumbled 7% after it released less-than-mediocre earnings.
By Anhata Rooprai April 22 (Reuters) - IBM's revenue growth slowed in the first quarter on sluggishness in its software business, fanning fears of disruption from artificial intelligence tools and sending its shares down 6.
IBM (IBM 8.25%) fell over 7% ahead of the market open despite quarterly results beating revenue and earnings estimates, as cautious guidance for the full year weighed on sentiment
IBM (NYSE:IBM) delivered a clean beat on both lines for Q1 2026, yet shares are getting punished anyway. The stock opened sharply lower Thursday, trading at $228 after closing at $251.86 the prior session,
Here are some of the stocks making notable moves in Thursday's premarket action: IBM shares are sliding 7% after the company’s software and consulting segment revenues for the firs
Armonk-based IBM wants to expand the Quantum computer facilities on its campus on South Road in the Town of Poughkeepsie
Investors have been attuned to mainframe disruption threats from artificial intelligence, but IBM posted 51% growth in Z mainframe hardware revenue.