Cognizant Forecasts 2025 Revenue Below Estimates as Businesses Temper IT Spending
Cognizant expects its 2025 revenue to be between $20.3 billion and $20.8 billion, lower than estimates of $20.89 billion. It ...
Gartner sees 10% IT spending jump in 2025, but don’t get too excited
Gartner said IT services companies and hyperscalers will account for over 70% of spending in 2025 and will soon dominate the AI software and services market as model training costs spiral upward.
Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
Google's big AI-spending plans are boosting chip stocks like Nvidia
Alphabet's big spending plans surprised Wall Street. The news should soothe investors worried about last week's DeepSeek ...
DXC Technology beats third-quarter profit estimates on steady IT services spending
IT services company DXC Technology reported a third-profit on Tuesday that beat Wall Street estimates, driven by strong enterprise spending on its cloud-based solutions.
Unisys Tries To Capitalize On AI-Driven IT Spend, But Still Struggling To Be Profitable
Though AI-driven company IT spend may favor Unisys, it lags behind key peers like Accenture and Infosys in fundamental ...