IBM tumbles more than 20% as RSI signals oversold and multiple moving averages are broken

Seeking Alpha — Jul 14, 13:42 PM

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IBM Shares Plunge 25% on Revenue Warning

• IBM shares drop more than 17% after company warns second-quarter earnings fell short of expectations CNBC — Jul 14, 11:30 AM
• IBM warns AI boom is squeezing software budgets RTE — Jul 14, 13:32 PM
• IBM shares plunge 25% as AI spending boom hammers business: ‘Ugly moment for software stocks’ NY Post — Jul 14, 15:32 PM
• IBM’s warning sows anxiety for investors Semafor — Jul 14, 17:03 PM
• IBM shares plunge as it forecasts second-quarter revenue below estimates The Globe and Mail — Jul 14, 11:34 AM