IBM slides as CEO warns enterprises scrutinizing AI spend returns

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IBM (IBM) shares were down 6% in Thursday premarket trading after the global tech giant reported its third-quarter fiscal 2026 earnings results.
IBM's Earnings Call Insights: Here's what you need to know
For the quarter ended September 30, IBM reported adjusted earnings per share of $2.95 compared to the consensus estimate of $2.87. GAAP
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