IBM Stock Falls Despite Earnings Beat. Here's What The Tech Giant Said About DOGE, Tariffs.
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IBM stock fell Thursday despite the tech giant reporting first-quarter earning and sales ahead of expectations. The tech giant gave a stronger-than-expected sales forecast for the current quarter, but a top executive cited an "uncertain" operating environment. "While no one is immune to uncertainty, we enter this environment from a position of relative strength and resiliency," IBM Chairman and CEO Arvind Krishna said on a call with analysts Wednesday.
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