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International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology, after Anthropic said its Claude […]
Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged 83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to employees, but did not provide a cause of death. “Lou arrived at IBM at a moment when the company’s future was genuinely uncertain. His leadership during that period […]
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter. Here’s how the […]
