Why did IBM fell

The stock price of IBM has experienced a decrease of -7.62% on July 25. IBM's decline can be attributed to the following factors: 1. **Software Weakness**: Although IBM reported strong Q2 results, including beating on earnings and revenue, the software weakness overshadowed the positive aspects. The company's software growth was decelerating, with an estimated 3% growth for the quarter, which is lower than the previous quarters. This trend raised concerns among investors about the sustainability of IBM's growth trajectory, particularly in the software segment. 2. **Consulting Segment Challenges**: IBM's consulting business is facing near-term headwinds due to delayed decision-making and discretionary project cuts. This has led to a flat revenue performance in the consulting segment. Additionally, the adoption of AI is cannibalizing traditional consulting projects, which is likely to persist and create structural challenges for IBM's services arm. In summary, IBM's stock decline is likely a result of a combination of software weakness and consulting segment challenges. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |IBM|IBM.N|IBM|20250724|-7.6238|169| |IBM|IBM.N|IBM|20250725|-0.3033|169| |IBM|IBM.N|IBM|20250728|1.3438|169| |IBM|IBM.N|IBM|20250729|-0.3039|169| |IBM|IBM.N|IBM|20250730|-0.8193|169| |IBM|IBM.N|IBM|20250731|-0.8193285316870675|169|