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8h agoIBM Shares Plunge 6.5% as Cloud Momentum Stalls
IBM fell 6.5% in premarket trading after reporting slower-than-expected growth in its cloud and AI software segments, marking its sharpest single-day drop in a year. Revenue from hybrid cloud operations missed analyst estimates amid weaker enterprise spending and currency headwinds. Management maintained full-year guidance but warned of near-term margin compression. Analysts view the results as a setback to IBM’s transition toward higher-growth digital services after its Watson AI revamp. Investors will watch Q4 pipeline stability before re-rating the stock.
negative
8h agoIBM Shares Plunge 6.5% as Cloud Momentum Stalls
IBM fell 6.5% in premarket trading after reporting slower-than-expected growth in its cloud and AI software segments, marking its sharpest single-day drop in a year. Revenue from hybrid cloud operations missed analyst estimates amid weaker enterprise spending and currency headwinds. Management maintained full-year guidance but warned of near-term margin compression. Analysts view the results as a setback to IBM’s transition toward higher-growth digital services after its Watson AI revamp. Investors will watch Q4 pipeline stability before re-rating the stock.
negative
IBM Shares Plunge 6.5% as Cloud Momentum Stalls
about 8 hours ago
1 min read
79 words
IBM shares fell 6.5% after weak cloud software sales and margin pressures raised doubts over its digital pivot despite maintained guidance.
IBM fell 6.5% in premarket trading after reporting slower-than-expected growth in its cloud and AI software segments, marking its sharpest single-day drop in a year. Revenue from hybrid cloud operations missed analyst estimates amid weaker enterprise spending and currency headwinds. Management maintained full-year guidance but warned of near-term margin compression. Analysts view the results as a setback to IBM’s transition toward higher-growth digital services after its Watson AI revamp. Investors will watch Q4 pipeline stability before re-rating the stock.
IBM fell 6.5% in premarket trading after reporting slower-than-expected growth in its cloud and AI software segments, marking its sharpest single-day drop in a year. Revenue from hybrid cloud operations missed analyst estimates amid weaker enterprise spending and currency headwinds. Management maintained full-year guidance but warned of near-term margin compression. Analysts view the results as a setback to IBM’s transition toward higher-growth digital services after its Watson AI revamp. Investors will watch Q4 pipeline stability before re-rating the stock.
Companies:
IBM
Tags:
IBM
cloud computing
IBM
cloud computing
earnings
AI
technology
Source:
Oct 23, 2025 • 20:27 IST