IBM Can’t Staunch AI Worries After Beating Wall Street’s Estimates

IBM Can’t Staunch AI Worries After Beating Wall Street’s Estimates

Thu, April 23, 2026 at 2:24 PM UTC Pixels Hunter / Shutterstock.com Quick Read IBM (IBM) beat Q1 2026 EPS estimates by 5.45% with $1.91 non-GAAP earnings and revenue of $15.92B up 9.46% YoY, but software growth decelerated to 11.3% and Consulting grew just 1%, raising concerns about AI competition eroding its consulting franchise. IBM’s…

India’s TCS tops estimates, says new AI models did not dent services demand

India’s TCS tops estimates, says new AI models did not dent services demand

BENGALURU, April 9 : Tata Consultancy Services reported better-than-expected quarterly results on Thursday and said that new artificial intelligence models and tools in the market did not hurt demand for its offerings. The comments from India’s top software-services exporter offered some relief to the $315 billion sector, which has been grappling with investor concerns that…

Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand

Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand

April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications. Big tech and AI companies are racing to lock in power and data center capacity, signing long-term deals worth billions of dollars as demand…

Chipmaker’s Results Blow Past Wall Street Estimates as Customers ‘Are Racing to Invest in AI’

Chipmaker’s Results Blow Past Wall Street Estimates as Customers ‘Are Racing to Invest in AI’

February 25, 2026 06:06 PM EST Even Some Bulls See an Uphill Battle for Nvidia Stock FROM 5 minutes ago The last three years have been huge for Nvidia’s stock. That’s why even bullish analysts are wary there are more gains to come. “I’m just worried about how much upside from here they can actually…