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Top News In தலைமை நிர்வாகி அரவிந்த் கிருஷ்ணா Today - Breaking & Trending Today

North American Morning Briefing: Markets Stabilize After Worst Fall for Stocks in Months

North American Morning Briefing: Markets Stabilize After Worst Fall for Stocks in Months
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Shaniel Ramjee , Alexander Lechner , Robert Bakish , Lee Hardman , Kiran Ganesh , Jonathan Haskel , Arvind Krishna , Brian Roberts , Mike Eason , Peter Allen Goves , Shari Redstone , Heinz Bednar , Catherine Mann , United Airlines , Amerisourcebergen Corp , Viacomcbs Inc , European Central Bank , Robinhood Markets Inc , Mckesson Corp , Philip Morris International , Drug Companies , Group Ltd , Travelers Companies , Dow Jones Company Inc ,

Debunking the myth of cloud repatriation

Debunking the myth of cloud repatriation
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Cloud repatriation is a term often used by technology companies that don’t operate a public cloud. The marketing narrative most typically implies that customers have moved work to the public cloud and, for a variety of reasons – expense, performance, security – are disillusioned with the cloud and as a result are “repatriating” workloads back to their safe, comfy and cost-effective on-premises data center.
Although we have no doubt this does sometimes happen, the data suggest that this is a minor, single-digit phenomenon.
Some have written about the repatriation myth, but in this Breaking Analysis, we’ll share hard data from ETR and other sources that we feel debunks the repatriation narrative as it’s currently being promoted. We’ll also take this opportunity to do our quarterly cloud update and share our latest figures for the Big 4 cloud providers. ....

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IBM's Revenue Growth in Latest Period Beats Wall Street Expectations

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Dow Jones
By Maria Armental
International Business Machines Corp. posted higher revenue ahead of a landmark split of the business this year that is part of Chief Executive Arvind Krishna s plan to revive growth at the veteran tech company.
IBM Monday said first quarter sales rose about 1% to $17.73 billion, generating net income of $955 million. Wall Street on average expected sales of $17.32 billion and net income of $1.28 billion, according to FactSet.
IBM still expects revenue to grow this year and anticipates $11 billion to $12 billion in adjusted free cash flow for the year.
IBM shares rose more than 4% in after-hours trading. The stock is up about 11% in the past 12 months. ....

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IBM Reports Higher 1Q Revenue

Provided by
Dow Jones
By Maria Armental
International Business Machines Corp. posted higher revenue ahead of landmark split of the business this year that is part of Chief Executive Arvind Krishna s plan to revive growth at the veteran tech company.
IBM Monday said first-quarter sales rose about 1% to $17.73 billion, generating net income of $955 million. Wall Street on average expected sales of $17.32 billion and net income of $1.28 billion, according to FactSet.
Mr. Krishna, in the job almost a year, has pledged to restore growth at IBM this year after a prolonged period of stagnation. The company is preparing to spin off a major part of its information-technology services operations. ....

New York , United States , Arvind Krishna , Maria Armental , Martin Schroeter , Lou Gerstner , Ginni Rometty , Red Hat , International Business Machines Corp , Dow Jones Company Inc , Watson Health , Business Machines , Chief Executive Arvind Krishna , Chief Executive Lou Gerstner , Wall Street Journal , Dow Jones , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , அரவிந்த் கிருஷ்ணா , மார்டின் ஸ்க்ரோட்டர் , லூ ஜெர்ஸ்ட்னர் , சிவப்பு தொப்பி , சர்வதேச வணிக இயந்திரங்கள் கார்ப் , டோ ஜோன்ஸ் நிறுவனம் இன்க் , வாட்சன் ஆரோக்கியம் , வணிக இயந்திரங்கள் ,

IBM surprises investors with return to growth in first quarter

IBM surprises investors with return to growth in first quarter
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After four consecutive quarters of revenue declines, IBM Corp. surprised investors today with 1% growth in quarterly revenue, sending its stock up more than 3% in after-hours trading and raising hopes that other technology giants could report similar surprises in the coming weeks.
Revenue rose to $17.73 billion from the same quarter a year ago and well ahead of analysts’ average estimate of $17.32 billion. Earnings per share of $1.77 also beat analysts’ estimate of $1.69.
The surprise was to some extent a matter of timing, since revenues fell 2% when adjusted for constant currency. Still, any good financial news from IBM has been well received as of late and executives painted a bright picture of the upcoming quarter and the full year. ....

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