Economy

mahatmakanejeeves

(71,923 posts)

6. The Inside Story of IBM's Shocking Profit Warning

Reply to mahatmakanejeeves (Original post)

Thu Jul 16, 2026, 08:33 PM

4 hrs ago

The Wall Street Journal
@wsj.com

IBM, a company that helped send humans to the moon, worked on America’s Social Security system and built a supercomputer that beat contestants at “Jeopardy!” is reckoning with the punishing realities of the AI boom.

The Inside Story of IBM’s Shocking Profit Warning
Big Blue bet on transparency and paid a steep price. Can its CEO win back investors?
on.wsj.com
6:18 PM · Jul 16, 2026

IBM, a company that helped send humans to the moon, worked on Americaâ€™s Social Security system and built a supercomputer that beat contestants at â€œJeopardy!â€ is reckoning with the punishing realities of the AI boom.
— The Wall Street Journal (@wsj.com) 2026-07-16T22:18:37.335442Z

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IBM stock closes down more than 25% after preannounced earnings results [View all] mahatmakanejeeves Wednesday OP

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The Inside Story of IBM's Shocking Profit Warning mahatmakanejeeves 4 hrs ago #6