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IBM shares crash after the company lowered its outlook as AI infrastructure spending reshapes enterprise technology investments.
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IBM Shares Crash 25% as AI Spending Shift Wipes Out $70 Billion

IBM suffered one of the steepest stock market declines in its history after its shares plunged more than 25% in a single trading session, wiping out nearly $70 billion in market value. The dramatic sell-off came after the technology giant lowered its revenue and earnings outlook, raising fresh concerns about how rapidly changing AI investment...