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IBM Sinks 7% as CEO's AI Spending Caution Overshadows Earnings Beat; Accenture and Infosys Ease Back

Source: 247wallst.com

Corporate EarningsCorporate Guidance & OutlookArtificial Intelligence
IBM Sinks 7% as CEO's AI Spending Caution Overshadows Earnings Beat; Accenture and Infosys Ease Back

IBM topped Wall Street forecasts for revenue and adjusted earnings, but its unchanged full-year outlook and CEO commentary on AI are drawing sellers. The provided article text gives no figures, further explanation of the AI remarks, or share-price move.

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