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IBM shares drop as company beats but opts to maintain guidance

Investors have been attuned to mainframe disruption threats from artificial intelligence, but IBM posted 51% growth in Z mainframe hardware revenue.

1 report1 sourceApr 22, 2026, 11:35 PM
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CNBCApr 22, 2026, 11:35 PM

IBM shares drop as company beats but opts to maintain guidance

Investors have been attuned to mainframe disruption threats from artificial intelligence, but IBM posted 51% growth in Z mainframe hardware revenue.

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