WS #12532

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IBM plunges 25% on Q2 revenue warning due to AI spending shift; Microsoft announces 4,800 job cuts; Jefferies reiterates Buy on MSFT and AMZN.

Tech Sector Weakness: IBM & Microsoft

IBM plunges 25% on Q2 revenue warning due to AI spending shift; Microsoft announces 4,800 job cuts; Jefferies reiterates Buy on MSFT and AMZN.

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