International Business Machines Corp shares slid the most in at least 58 years after the company reported preliminary ...
IBM experienced its worst stock crash in 58 years, losing $70 billion in market value after Q2 results revealed a mere 1% ...
IBM's warning shows how AI infrastructure and cybersecurity spending are reshaping technology budgets.
A small Minneapolis mainframe computer software startup is poised to change the way enterprises use and share data across the cloud. VirtualZ Computing Inc. claims to be the first and only ...
The weakness was concentrated in IBM's mainframe business, which provides high-performance computers and software used by ...
The company has been trying to reduce its reliance on the cyclical mainframe business by focusing on its software unit including its high-margin Red Hat business, which helps firms run applications ...
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