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Science

Billions wiped out in IBM's worst fall in 115 yrs, but CEO has message for Wall Street

Times of India

ScienceTimes of India·Jul 24, 2026·1 min read

Billions wiped out in IBM's worst fall in 115 yrs, but CEO has message for Wall Street

IBM's stock crashed 25 percent on July 14, its worst single-day fall ever, after mainframe revenue dropped 42 percent. CEO Arvind Krishna insists the software shortfall was deferral, not destruction—a third of the delayed deals closed…

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