{"data":{"id":2007,"lang":"en","title":"IBM Stock Suffers Worst Day on Record, Plunging 23% After Q2 Sales Miss","summary":"IBM shares plunged 23% Tuesday, its worst day on record, after preliminary Q2 results missed Wall Street expectations on both earnings and revenue.","category":"business","category_label":"Business","published_at":"2026-07-14T22:01:10Z","updated_at":"2026-07-14T22:01:10Z","url":"https://techtools.cz/tools/news/article/2007-ibm-stock-suffers-worst-day-on-record-plunging-23-after-q2-sales-miss","api_url":"https://techtools.cz/news-api/v1/articles/2007?lang=en","markdown_url":"https://techtools.cz/news-api/v1/articles/2007.md?lang=en","image_url":"https://media.zenfs.com/en/ap.org/62f250089b4f27530154c1eb2f2e77cb","word_count":149,"reading_time_minutes":1,"sources":[{"url":"https://www.cnbc.com/2026/07/14/ibm-warns-second-quarter-earnings-fell-short-of-expectations.html","domain":"cnbc.com"},{"url":"https://finance.yahoo.com/markets/stocks/articles/ibms-stock-tumbles-preliminary-2q-115811380.html","domain":"finance.yahoo.com"}],"translation":{"lang":"cs","id":2080,"title":"Akcie IBM zažily nejhorší den v historii firmy, propadly o 23 % po slabých výsledcích za 2. čtvrtletí","url":"https://techtools.cz/tools/news/clanek/2080-akcie-ibm-zazily-nejhorsi-den-v-historii-firmy-propadly-o-23-po-slabych","api_url":"https://techtools.cz/news-api/v1/articles/2080?lang=cs"},"content":"IBM shares fell as much as 23% on Tuesday, marking the company's worst single-day drop on record and surpassing its previous worst day set on Oct. 19, 1987, during Black Monday. The selloff followed preliminary second-quarter results that came in well below Wall Street's expectations.\n\nThe company reported adjusted earnings of $2.93 per share on revenue of $17.2 billion, missing analyst forecasts of $3.01 per share and $17.86 billion in revenue. CEO Arvind Krishna pointed to weakness in IBM's software and infrastructure businesses, with mainframe-related infrastructure sales dropping 7% as clients shifted spending toward servers, storage, and memory purchases ahead of anticipated price increases.\n\nIBM also acknowledged internal execution failures, stating that numerous large deals failed to close on the timelines expected, and that cybersecurity concerns had diverted management's attention during the quarter. The steep drop erased tens of billions of dollars in market value in a single session."}}