SaaSpocalypse Is Back: IBM Crashes Most Since 1987 As Customers Abruptly "Shift CapEx Spending"
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Source: Zero Hedge
Published: 2026-07-14 21:35 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Business, Economy & Finance, Financial Markets, Tax & Budget, Business & Economy
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Snippet:
IBM shares plunged almost 20% in premarket trading, putting the stock on track for its worst intra-day collapse since the infamous Oct. 19, 1987.
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