IBM dragged down by DOGE contract cancellation roulette

Big Blue downplays impact of Elon-gated cost-cutting IBM beat Wall Street's expectations for both revenue and income in the first quarter of 2025, but its stock price still dropped more than six percent in after-hours trading.…

Apr 24, 2025 - 01:02
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IBM dragged down by DOGE contract cancellation roulette

Big Blue downplays impact of Elon-gated cost-cutting

IBM beat Wall Street's expectations for both revenue and income in the first quarter of 2025, but its stock price still dropped more than six percent in after-hours trading.…