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

President Donald Trump is taking a sledgehammer to one of Washington’s most bloated industries: federal consulting. For ...

Shares of International Business Machines fell nearly 7% in morning trading on Thursday after the company said some of its federal contracts were suspended, while an uncertain economy poses a further ...

Shares of International Business Machines (NYSE:IBM) fell nearly 7% on Thursday morning after the tech giant disclosed that ...

IBM said it is prudently cautious around its Consulting business for the year amid potential impact from initiatives at DOGE.

Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts canceled due to DOGE-related cuts during the first ...

Shares of International Business Machines fell over 6 per cent in premarket trading on Thursday after the company said some of its federal ... of its consulting backlog. Analysts said IBM's ...

CFO James Kavanaugh also broke down numbers of the Consulting business to show potential impact from federal contracts. Kavanaugh said the company's U.S. federal business is less than 5% of IBM's ...

(Reuters) -Shares of International Business Machines fell nearly 7% in morning trading on Thursday after the company said some of its federal ... its consulting backlog. Analysts said IBM's ...

(Reuters) -Shares of International Business Machines fell nearly 7% in morning trading on Thursday after the company said some of its federal contracts ... a relatively small portion of its consulting ...