🔴 IBM is trading 4.1% down today on concerns over AI project delays and IT services demand

IBM is trading 4.1% down at ARS 30,280.00 as investors remain cautious regarding AI-driven disruption and cooling demand for IT services.

• Sector-wide pressure follows Accenture’s recent guidance cut and an IBM study suggesting clients are delaying large-scale AI and cloud projects.
• The stock is undergoing an extended technical correction from recent highs, exacerbated by broader weakness across the technology and AI sectors.