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IBM, DOGE

IBM stock falls after results reveal US government contracts canceled by DOGE

IBM stock fell after the company said it had seen some canceled contracts due to DOGE cuts and its software business reported results that were slightly soft.

Bloomberg on MSN · 21h

IBM Results Fail to Meet Market Hopes on Concerns About Tariffs, DOGE Cuts

First-quarter sales increased almost 1% to $14.5 billion, IBM said Wednesday in a statement. Profit, excluding some items, was $1.60 per share. Both results exceeded analysts’ average estimates, according to data compiled by Bloomberg.

Reuters on MSN · 19h

IBM says 15 contracts impacted by DOGE cost cuts, shares drop

International Business Machines said 15 of its government contracts were shelved under a cost-cutting drive by the Trump administration, a setback that eclipsed its upbeat revenue forecast and dragged its shares down over 6% after hours.

IBM Earnings Beat Expectations. Stock Is Tanking.

TechCrunch on MSN · 18h

IBM affected by DOGE cuts, downplays impact during Q1 earnings call

IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent between 5% and just under 10% of IBM’s consulting practice.

Business Insider · 21h

IBM Earnings: Shares Slide despite Smashing Q1 Expectations

Shares of tech company International Business Machines (IBM) slipped in after-hours trading after it reported earnings for its first quarter of

Barron's on MSN · 4h

IBM Earnings Beat Expectations. The Stock Is Tanking.

IBM beat expectations for its first-quarter earnings Wednesday afternoon. Its shares were wavering in after-hours trading. Adjusted earnings-per-share were solid at $1.60 versus Wall Street’s consensus estimate of $1.

Sólidos resultados no salvan a IBM de su peor caída en un año

International Business Machines Corp. tuvo el jueves su mayor caída en un año, luego de presentar resultados con ganancias ...

6hon MSN

IBM slides as federal spending cuts, uncertain economy impact consulting business

Shares of International Business Machines fell over 6% in premarket trading on Thursday after the company said some of its ...

17hon MSN

IBM says customers haven’t pulled back yet, but warns on ‘DOGE’ and wait-and-see mindset amid trade frictions

Tech-infrastructure giant IBM on Wednesday offered a solid sales outlook despite worries about the impact of a global trade ...

6hon MSN

The leadership team at IBM is really turning the company around, says BofA's Wamsi Mohan

Wamsi Mohan, Bank of America Global Research senior IT hardware analyst, joins 'Squawk Box' to break down IBM's quarterly ...

1hon MSN

Why IBM Stock Is Sinking Today

International Business Machines ( IBM -7.45%) stock is losing ground Thursday despite posting a better-than-expected first-quarter report yesterday. The company's share price had fallen 7.5% as of ...

3hon MSN

IBM Warns Economic Conditions, Government Cuts May Cause a Spending Pullback

IBM said uncertainty in the economic environment and federal government spending cuts could cause clients to pull back on ...

Is IBM Stock Headed To $170?

On the positive side, IBM exceeded consensus estimates for both earnings and revenue. The company reported earnings per share of $1.60, surpassing the estimate of $1.40. Furthermore, its reported ...

Google, IBM Issue Strict Return-to-Office Threats to Employees

Learn more about how big tech firms are trying to get employees back in the office, including with strict ultimatums.

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IBM, DOGE

IBM Earnings Beat Expectations. Stock Is Tanking.

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