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

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

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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…

Developers say AI coding tools work—and that’s precisely what worries them

Developers say AI coding tools work—and that’s precisely what worries them

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Software developers have spent the past two years watching AI coding tools evolve from advanced autocomplete into something that can, in some cases, build entire applications from a text prompt. Tools like Anthropic’s Claude Code and OpenAI’s Codex can now work on software projects for hours at a time, writing code, running tests, and, with…