Stock Market Today: Live Updates 14.07.2026
LIVEMarkets rolling coverageStarted: July 14, 2026, 4:00 AM EDTUpdated: July 14, 2026, 3:55 PM EDT IBM Drops 25% After Earnings Miss and Spending Moves Away From Software July 14, 2026, 3:44 PM EDT. IBM shares dropped more than 25% after the company missed on second-quarter numbers and issued a profit warning. Revenue came in at $17.2 billion, up just 1% from a year ago, below analyst expectations of $17.86 billion. CEO Arvind Krishna said enterprise customers are moving budgets away from software toward datacentre infrastructure and cybersecurity, as AI hardware demand climbs. This cut into IBM’s higher-margin mainframe business. The