IBM falls as enterprise-spending constraints choke consulting demand

Shares of International Business Machines fell more than 8% in premarket trading on Thursday, as its consulting business faces pressure from enterprises tightening their budgets to cope with an uncertain economy and high interest rates. Weakness in smaller discretionary projects affected the…#jpmorgan #consulting #ibm #hashicorp #evercore

Source: Reuters: Health - April 25, 2024 Category: Consumer Health News Source Type: news