Cognizant forecasts 2025 revenue below estimates as businesses temper IT spending
Cognizant Technology Solutions forecast annual revenue below estimates on Wednesday, as uncertainty about the path of future ...
Computer Weekly20d
Global IT spending to soar in 2025
“While significant uncertainties remain around global trade, we believe the global IT spending will see robust growth in 2025,” the agency noted in a recent report. “The demand for AI and ...
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.
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 ...
Google Parent Alphabet Plans to Spend $75B This Year, as Big Tech Goes All in on AI
Key Takeaways Google parent Alphabet said it plans to spend $75 billion in capital expenditures this year, as it expands ...
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 ...
Los Angeles Times9d
Opinion: Trump’s order to freeze spending is patently unconstitutional
On Monday, the most egregious was his announcement that he is freezing the spending on all federal grants and loans beginning at 5 p.m. Eastern on Tuesday. California and six other states are ...