Infosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is ...
IBM erases $55 billion in market capitalisation; the results reflect ‌an industry-wide ⁠shift in technology spending toward ...
Copy IBM shares plunged over 25 per cent on the NYSE mid-Tuesday after the company issued weaker-than-expected revenue ...
Shares of consulting companies were part of the collateral damage from IBM's profit and sales warning. That's because IBM projected second-quarter consult ...
Infosys will also be holding an earnings call in the evening on the same day that it declares its Q1FY26-27 results.
In response to IBM's fall, the US-listed shares of Indian IT services companies (ADRs), Infosys and Wipro, fell 4% and 3% respectively. Shares of other software-oriented companies, Accenture, ...
Infosys Ltd’s American Depositary Receipt listed on the New York Stock Exchange (NYSE) was trading at $11.10, down 3.39% or ...
Infosys and Wipro ADRs dropped up to 7% as IBM's weaker revenue forecast signaled a shift in enterprise spending from software to AI infrastructure, raising IT sector concerns.
A decade-old discrimination case against Infosys just collapsed - not on the facts, but because the plaintiffs' statistical ...
Artificial intelligence (AI) poses a growing threat to the business models of India’s IT services giants, but the credit ...