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IBM CEO Arvind Krishna on letter that sent stock down 25%, ‘worst day’ in history

Times of India

TechnologyTimes of India·Aug 21, 2026·1 min read

IBM CEO Arvind Krishna on letter that sent stock down 25%, ‘worst day’ in history

The CEO of IBM took the bold step of revealing a financial deficit to stakeholders, triggering a notable decline in stock prices. This transparency caused clients to halt infrastructure advancements in favor of buying data center hardware…

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