{"id":23930,"date":"2026-07-14T18:37:14","date_gmt":"2026-07-14T16:37:14","guid":{"rendered":"https:\/\/costops.com\/index.php\/2026\/07\/14\/ibm-loses-quarter-of-its-value-as-tech-giants-shares-plunge-and-profits-falter\/"},"modified":"2026-07-14T18:37:14","modified_gmt":"2026-07-14T16:37:14","slug":"ibm-loses-quarter-of-its-value-as-tech-giants-shares-plunge-and-profits-falter","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/07\/14\/ibm-loses-quarter-of-its-value-as-tech-giants-shares-plunge-and-profits-falter\/","title":{"rendered":"IBM loses quarter of its value as tech giant\u2019s shares plunge and profits falter"},"content":{"rendered":"<p>IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft<\/p>\n<p>Shares in <a href=\"https:\/\/www.theguardian.com\/technology\/ibm\">IBM<\/a> plunged more than 25% on Tuesday after the US tech giant released disappointing preliminary second-quarter results. IBM\u2019s stock was on track for an even steeper single-day decline than it suffered during \u2060the 1987 \u201cBlack Monday\u201d crash.<\/p>\n<p>IBM had issued a profit warning and blamed shifts in corporate customers\u2019 spending. The company said revenue for the three months ending in June came in at $17.2bn, up just 1% year-over-year.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2026\/jul\/14\/ibm-shares-profit-drop-value\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/8f50d1b5d196b5b8f43e9d29d39c2838c7b6d02f\/688_0_6880_5504\/master\/6880.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=46c231c5891c887cd70d2a62a3d5d96f\" title=\"IBM loses quarter of its value as tech giant\u2019s shares plunge and profits falter\" \/>IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft<br \/>\nShares in IBM plunged more than 25% on Tuesday after the US tech giant released disappointing preliminary second-quarter results. IBM\u2019s stock was on track for an even steeper single-day decline than it suffered during \u2060the 1987 \u201cBlack Monday\u201d crash.<br \/>\nIBM had issued a profit warning and blamed shifts in corporate customers\u2019 spending. The company said revenue for the three months ending in June came in at $17.2bn, up just 1% year-over-year. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft Shares in IBM plunged more than 25% on Tuesday after the US tech giant released disappointing preliminary second-quarter results. IBM\u2019s stock was on track for an even steeper single-day decline than it suffered during \u2060the 1987 \u201cBlack Monday\u201d crash. IBM &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/07\/14\/ibm-loses-quarter-of-its-value-as-tech-giants-shares-plunge-and-profits-falter\/\"> <span class=\"screen-reader-text\">IBM loses quarter of its value as tech giant\u2019s shares plunge and profits falter<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":23931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/23930"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=23930"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/23930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/23931"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=23930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=23930"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=23930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}