IBM stock faces prolonged uncertainty in its recovery period following an initial sharp decline.

IBM's CEO expresses confidence despite a major stock market decline, emphasizing the company's focus on mainframe sales and quantum computing investments rather than competing in AI data center spending.

IBM has missed major technology revolutions over four decades, with a recent earnings report showing continued decline.

IBM CEO states technology spending will grow to 10% of corporate budgets by 2035.

IBM lowered full-year sales guidance after missing Q2 earnings and revenue targets; the stock has declined nearly 30% year-to-date.

IBM lowered its 2026 revenue guidance but maintained its expectation for free cash flow to increase by about $1 billion.

Morgan Stanley cuts IBM price target to $190 from $293.

Goldman Sachs sees IBM's results as a modest negative read-across for IT Services coverage due to weak macro and consulting results.

IBM cut its full-year revenue growth guidance to +4-5% from above +5% and reported Q2 revenue of $17.16B, missing the $17.52B estimate.

IBM reported Q2 2026 revenue of $17.16B missing estimates, operating EPS of $2.93 beating the prior year, and lowered full-year revenue growth guidance to +4% to +5% from above +5%.

IBM lowered its full-year revenue growth outlook as Data Center mainframe sales fell 42%.

IBM reported Q2 operating EPS of $2.93 versus $2.80 y/y, revenue of $17.16B missing the $17.52B estimate, and lowered its FY revenue growth guidance to +4% to +5% from above +5%.

Nvidia CEO Jensen Huang amplified an open letter advocating for open-source AI, signed by Microsoft, IBM, Meta, Hugging Face, and Perplexity, lobbying against restrictions on open-weight AI models.

Nvidia, Microsoft, and more than 20 other tech companies publicly urged US lawmakers to avoid premature restrictions on open-source AI models, citing risks to competition and innovation.

Meta, Microsoft, Nvidia, and IBM released an open letter urging the U.S. government to adopt open-weight AI models to maintain global competitiveness.

Nasdaq, S&P 500, and Dow futures edge higher, brushing off fresh US-Iran clashes as quarterly earnings dominate the market narrative.

Super Micro Computer jumped 24% after the AI server maker doubled its previous guidance for gross margins for the fiscal fourth quarter.

Six major stocks flash their after-hours color: GOOGL flat, IBM up, NOW up, TSLA down, TXN down.

IBM Q2 2026 revenue of $17.16B missed the estimate of $17.52B, operating EPS of $2.93 beat the prior $2.80, and the company lowered its full-year revenue growth guidance to +4%-+5% from above +5%.