IBM stock is down despite strong Q2 results. Sales and earnings beat estimates, but software revenues fell short. Geopolitical dynamics causing caution in new deals. IBM reported non-GAAP EPS of $2.80 on revenue of $16.98 billion, exceeding analyst expectations. Software segment underperformed, leading to stock decline. Company reaffirms sales growth guidance and increased FCF target. CEO cites geopolitical uncertainty affecting contract signings. Investors concerned over software sales shortfall. Motley Fool recommends 10 stocks over IBM.

Read more at Yahoo Finance: Why IBM Stock Is Plummeting Today