IBM's Stock Plunges, AI Fears Persist

IBMs stock plummets, dragging down software giants, despite beating Q1 sales expectations. Investors remain jittery about AIs impact on consulting revenue. Despite a new acquisition, IBMs full-year revenue growth forecast falls short of Wall Streets hopes. Market fears of AI wiping out old business models continue to drive software stock sell-offs. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/04a657f503feb249

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