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Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case'

Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case' Summary: Wall Street Desks Stunned  IBM Shares Crash Most On Record, Exceeding Dot Com & 1987 Crashes  CEO Arvind Krishna Blamed Preliminary 2Q Results on "Shifting" Customer CapEx Spending IBM's surprise second-quarter warning blindsided traders Tuesday morning, raising new concerns that enterprise technology budgets are being redirected toward AI infrastructure at the expense of traditional software and IT services. Shares plunged 24% in the first 20 minutes of New York trading. Should those losses hold through the...
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Sep 18, 2026 / Tyler Durden
Auto Stocks Slide As VW Cuts Outlook, Industry Urges Trump To Keep BYD Cars Out
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May 13, 2026 / Tyler Durden
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VIDEO: Konstantin Kisin Destroys Woke Climate Change Narrative
VIDEO: Konstantin Kisin Destroys Woke Climate Change Narrative

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