Tuesday, July 14

● Latest

World China expels former Politburo member Ma Xingrui over graft and sex charges Los Angeles LA28 opens the door to 60,000 Olympic volunteers: here's how to sign up California California's growing use of jailhouse informant stings draws court scrutiny Business IBM shares plunge about 23% after a rare earnings warning Business JPMorgan posts record revenue as Dimon says AI is thinning some bank jobs World Volkswagen weighs up to 100,000 job cuts and four plant closures U.S. Navy's drone-boat push stalls amid canceled programs and acquisition churn California Cross-border sewage keeps Imperial Beach children out of the water for a third summer World China expels former Politburo member Ma Xingrui over graft and sex charges Los Angeles LA28 opens the door to 60,000 Olympic volunteers: here's how to sign up California California's growing use of jailhouse informant stings draws court scrutiny Business IBM shares plunge about 23% after a rare earnings warning Business JPMorgan posts record revenue as Dimon says AI is thinning some bank jobs World Volkswagen weighs up to 100,000 job cuts and four plant closures U.S. Navy's drone-boat push stalls amid canceled programs and acquisition churn California Cross-border sewage keeps Imperial Beach children out of the water for a third summer

Topic: ibm

The facade of the New York Stock Exchange on Wall Street

Tuesday, 7/14, 01:56 PM

IBM shares plunge about 23% after a rare earnings warning

IBM took the unusual step of pre-announcing weak second-quarter results, and investors punished it, sending the stock down roughly 23% in one of its worst sessions in decades and dragging other software and consulting shares along with it.

ibm — news and stories on this topic

This page collects all of the Los Angeles Herald's coverage of ibm. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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