Cybersecurity stocks rally after IBM CEO signals AI spending shift, CNBC reports
According to CNBC, IBM's Krishna said major deals were paused as companies reassess technology investments, triggering a sector move
WHY IT MOVED
If confirmed, the comments suggest a potential shift in how enterprises are allocating their technology budgets, with implications for cybersecurity vendors. A pause in major deals at IBM—a bellwether for enterprise IT spending—co…