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IBM

IBM, ServiceNow, T-Mobile: Earnings movers

By Advanced AI EditorJuly 1, 2007No Comments1 Min Read
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00:00 Speaker A

All right. Let’s take a look at what’s trending here after hours, checking in on shares of IBM, Service Now, and T-Mobile. IBM reporting a beat on second quarter revenue and earnings, while looking ahead, the company is raising its full-year outlook for free cash flow. IBM noting its generative AI book of business continues to accelerate. Now stands at more than $7.5 billion. And then we got Service Now as well, topping earnings and revenue estimates for the second quarter. The company highlighting it’s on track to hit its $1 billion annual contract value target by 2026, and says that the company is well positioned for the second half of the year. Be sure to tune in to Yahoo Finance Thursday for a conversation with ServiceNow CEO, Bill McDermott. And we also got shares of T-Mobile. They’re jumping after the telecom topping analyst estimates for the second quarter. T-Mobile gained the most net new customers compared to its competitors. This comes as it leaned into its value messaging by releasing a five-year price lock on phone plans in April. T-Mobile also announced it lifted its full-year full-year adjusted operating profit guidance.



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