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Thursday after reporting results that showed strong profit while also suggesting that economic uncertainty and US government ...
IBM stock fell after the company said it had seen some canceled contracts due to DOGE cuts and its software business reported ...
Elon Musk's Department of Government Efficiency (DOGE) has canceled 15 federal contracts with IBM, totaling approximately ...
IBM CFO James Kavanaugh has revealed 15 federal contracts between the US government and the tech giant had been cancelled, ...
International Business Machines Corporation (NYSE:IBM) has forecasted a “minimal” tariff impact on its business while ...
We’ve had a handful of contracts, either statement of work, or cancel and on our annualized backlog of over $30 billion in ...
The company's CFO, James Kavanaugh, told investors during IBM's Q1 2025 earnings call on Wednesday that the contracts ...
IBM said it is prudently cautious around its Consulting business for the year amid potential impact from initiatives at DOGE.
CEO Arvind Krishna appreciates the work of the Trump 2.0 administration, even though it's impacted about $100 million of ...
IBM revealed that approximately 15 of its contracts with the federal government have been canceled or paused due to cost-cutting initiatives led by Elon Musk’s Department of Government Efficiency ...
Wall Street's questions to the CEO and chief financial officer of Big Blue centered on what the company sees in the ...
According to reports, IBM had 15 of its government contracts cancelled as a result of unfettered cost cutting by DOGE.