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IBM Stock Plummets 13% Amid AI Revenue Concerns

4/23/2026

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Story summary
  • International Business Machines Corporation (IBM) stock fell 13.15% on February 23, 2026, amid concerns about software revenue and artificial intelligence (AI).
  • Investors worry about IBM adapting to AI-driven market changes ahead of the April 22, 2026 first-quarter report.
  • Analysts focus on software performance and IBM's $11 billion Confluent acquisition.
  • The stock's performance depends on IBM's ability to leverage AI.