IBM’s stock is having its worst day ever after the surprise release of an earnings miss
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Summary
IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations.
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Mixed markets as the tape feels a bit temperamental, with $SPX futures -15 and earnings adding pressure in some names. We’re below 7508, so we’ll see if that gets reclaimed or if they shake the tree down toward 7427. The upper area needs to hold, otherwise volatility can pick up. pic.twitter.com/hYmo64H4qm
— Scott Redler (@RedDogT3) July 14, 2026