IBM stock craters 25%, the worst day on record, after issuing second-quarter earnings warning
CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.
CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases. This story matters for Finance & Markets readers tracking currency. Reported by cnbc.com. Read the full original at the source link below.
Originally reported by cnbc.com. CurrencyNews curates and briefs the finance & markets stories that matter. Our editorial policy →