💻 Technology 1d ago · Alfonso Maruccia

IBM's stock just had its worst day since 1968

TechSpot
TechSpot technology
View Channel →
IBM's stock just had its worst day since 1968
Source ↗ 👁 0 💬 0
In a recent letter to investors, IBM CEO Arvind Krishna explained that the company experienced some unexpected shortfalls in its latest financial performance. The former pioneer of the personal computer industry now primarily sells software, cloud services, and mainframe systems, but potential customers have recently scaled back major mainframe investments...Read Entire Article

Comments (0)

Sign in to join the discussion

More Like This

Nvidia launches Cosmos 3 Edge model and expands its physical AI push in Japan
SiliconANGLE · 18h ago
Verizon shedding stores signals a shift in the way the carrier does business
Android Police · 18h ago
Why Apple Sued OpenAI, New York Takes on Data Centers, and What to Know about Cyclosporiasis
WIRED · 18h ago
TSMC boosts Arizona fab investment by $100B after strong second quarter
SiliconANGLE · 18h ago
China Just Dropped Another Bomb on America’s Frontier AI Companies
Gizmodo · 18h ago
My favorite Obsidian alternative isn't Logseq or Joplin, it's a block-based app that's actually more private
XDA · 19h ago