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IBM’s 115-Year Record Rout: A $10 Billion Quantum Bet Meets a Mainframe Meltdown
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IBM’s 115-Year Record Rout: A $10 Billion Quantum Bet Meets a Mainframe Meltdown
IBM shares are staging a tentative recovery after suffering their worst single-day loss in 115 years, but the stock remains deeply scarred by a second-quarter earnings miss that exposed a brutal shift in corporate technology spending. The stock edged up 0.89% to €191.20 on Tuesday, bringing its weekly gain to 3.59% — a fragile rebound […] The post IBM’s 115-Year Record Rout: A $10 Billion Quantum Bet Meets a Mainframe Meltdown appeared first on …
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