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hybrid cloud

Coverage of hybrid cloud in the Nexus archive.

Earliest in view: Jul 15 · 20:56 UTCMost recent: Jul 15 · 20:56 UTC

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BUSINESSJul 15 · 20:56 UTCFORTUNE
‘We did not adapt and move quickly enough’: IBM CEO’s admission of weakness fails to prevent historic 25% stock crash
IBM's stock plummeted 25% following CEO Arvind Krishna's admission that the company failed to adapt quickly enough to market shifts, leading to an earnings miss and delayed client transactions. Analysts attributed the decline to reduced spending on IBM's mainframe infrastructure and a broader industry shift toward AI-driven technologies.