IBM’s Q2 earnings warning on AI spending sends its stock plunging 17%, impacting futures. Experts Kyle Wall and Michael Lee analyze market volatility, AI infrastructure, and oil price surges from U.S.-Iran tensions.
IBM’s unexpected Q2 earnings warning triggers a sharp decline in its stock price, dragging down Dow futures. Kyle Wall and Michael Lee explain how reduced discretionary IT spending due to rising AI infrastructure costs is impacting large enterprises. They also discuss market volatility and oil price surges amid U.S.-Iran escalations.
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