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IBM warned that its software and infrastructure business is getting hurt as clients shift spending to build out their AI operations, includi

IBM warned that its software and infrastructure business is getting hurt as clients shift spending to build out their AI operations, including servers, storage and memory chips. Shares are down 22% this morning after reporting weaker-than-expected preliminary Q2 earnings. - per Cramer Investing Club Newsletter

IBM

IBM warned that its software and infrastructure business is getting hurt as clients shift spending to build out their AI operations, including servers, storage and memory chips.

Shares are down 22% this morning after reporting weaker-than-expected preliminary Q2 earnings. - per Cramer Investing Club Newsletter