🎯 $IBM gains 3.5%-4% after hours despite a Q2 revenue miss and a cut to FY2026 constant-currency growth guidance to 4%-5% from above 5%. 📊 Operating EPS was $2.93 on $17.16B revenue, up 1% YoY. Software rose 5% to $7.76B; consulting was flat at $5.33B; infrastructure fell 7% to $3.8B. Free cash flow totaled $2.54B. 🔥 The positive price response faces a fundamental test: management retained its forecast for ~$1B YoY FCF growth, but late-quarter revenue headwinds and softer software/consulting metrics raise execution risk. ServiceNow delivered $3.98B revenue vs. $3.93B estimated and $0.90 EPS vs. $0.86. Watch Thursday’s premarket slate: NOK, AAL, LMT, BX, RTX, HON, CMCSA and TMUS. #Earnings #Technology #EnterpriseAI #Markets
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