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Sushree Mohanty

3 Numbers That Will Matter Most in IBM’s Upcoming Q2 Earnings

Legacy tech giants like International Business Machines (IBM) rarely generate any dramatic market reactions. However, its preliminary Q2 results triggered a sharp selloff, with IBM shares down roughly 26% in the last five days and 28% year-to-date (YTD), underperforming the overall market.

IBM traces its roots back to 1911. As a tech dinosaur, IBM has spent decades not going extinct. The company has worked hard to reshape itself from a legacy hardware company into one driven by software, consulting, and AI-powered enterprise solutions. So, it is natural for investors to react negatively when software growth slows down, as reported in its preliminary Q2 results on July 14.

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France and Britain test NATO readiness with major airborne exercise in Germany

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One subscription that gives you access to news from hundreds of sites

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France and Britain test NATO readiness with major airborne exercise in Germany

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