IBM shares plunged 25% following a shocking earnings report where CEO Arvind Krishna admitted that the company faltered in its response to the AI boom. This unprecedented drop, marking the worst day for IBM in nearly six decades, reflects broader concerns about shifting industry budgets and the impact of AI on traditional software and IT investments. Analysts speculate whether this major downturn represents a unique buying opportunity amidst a fundamental reassessment in the tech sector, while employees and investors brace for implications of this historic selloff.