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IBM

236.22

-2.5900-1.08%

Post-market: 236.500.2800+0.12%18:17 EDT

Volume:4.91M

Turnover:1.16B

Market Cap:219.04B

PE:36.75

High:240.81

Open:238.07

Low:232.93

Close:238.81

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Overview Company News Filings

IBM Closes Hakkoda Acquisition

MT Newswires Live

IBM acquires Hakkoda Inc., terms not disclosed

BRIEF-IBM Acquires Hakkoda Expanding Data Expertise To Fuel Clients' Ai Transformations

Ibm Acquires Hakkoda Inc., Expanding Data Expertise to Fuel Clients' AI Transformations

THOMSON REUTERS

Ibm: Financial Details of Transaction Were Not Disclosed

THOMSON REUTERS

Press Release: IBM Acquires Hakkoda Inc., Expanding Data Expertise to Fuel Clients' AI Transformations

Goldman Sachs Adjusts PT on International Business Machines to $270 From $275, Keeps Buy Rating

MT Newswires Live

Jefferies Sticks to Its Hold Rating for International Business Machines (IBM)

Pay Close Attention to This Crucial Revenue Source for Artificial Intelligence (AI) Giant IBM

International Business Machines (IBM) Integrates Intel Gaudi 3 on Cloud to Scale Enterprise AI Globally

Stock Track | IBM Plummets 5.05% Amid Concerns Over Potential Reduction in Federal Contracts

Is TEAM Stock Still Worth Holding Despite Falling 28% in a Month?

BUZZ- ServiceNow falls after BMO trims PT on potential reduction in federal contracts

Ibm Tees up Watsonx AI-Powered Digital Fan Features for the 2025 Masters Tournament

THOMSON REUTERS

IBM Tees Up watsonx AI-powered Digital Fan Features for the 2025 Masters Tournament

International Business Machines Corp. Stock Underperforms Thursday When Compared To Competitors

News Highlights: Top Financial Services News of the Day - Thursday at 4 PM ET

The Mag 7 Gets Whacked. Here Are 5 Other Tech Stocks to Play. -- Barrons.com

BRIEF-IBM Enhances Enterprise Cloud Capabilities In Canada To Meet Local Clients' Ai And Data Needs

Market Chatter: Accenture, Other Consulting Firms Offer Billions in Savings to Federal Government

MT Newswires Live

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Hakkoda is also an","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0321505868.SGD","LU1674673691.USD","LU1951198990.SGD","BK4581","BK4543","BK4613","BK4503","BK4559","IBM","LU1803068979.SGD","LU1880398471.USD","SNOW","BK4554","LU0321505439.SGD","BK4612","BK4532","BK4116","BK4551","LU1923623000.USD","LU1883839398.USD","LU1430594728.SGD","LU1674673428.USD","LU1951200564.SGD","BK4575","BK4585","BK4607","BK4534","BK4535","LU0868494617.USD","LU0109392836.USD","BK4533","LU0889565833.HKD","BK4602","LU0082616367.USD","LU1880398554.USD","BK4505","LU0719512351.SGD","BK4588","LU1585245621.USD","BK4538","BK4579","LU1778281490.HKD","BK4134","BK4548"],"gpt_icon":0},{"id":"2525144092","title":"Goldman Sachs Adjusts PT on International Business Machines to $270 From $275, Keeps Buy Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2525144092","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525144092?lang=en_us&edition=fundamental","pubTime":"2025-04-07 17:38","pubTimestamp":1744018720,"startTime":"0","endTime":"0","summary":"International Business Machines (IBM) has an average rating of overweight and mean price target of $255.12, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["IBM","PT"],"gpt_icon":0},{"id":"2525810880","title":"Jefferies Sticks to Its Hold Rating for International Business Machines (IBM)","url":"https://stock-news.laohu8.com/highlight/detail?id=2525810880","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525810880?lang=en_us&edition=fundamental","pubTime":"2025-04-07 08:37","pubTimestamp":1743986229,"startTime":"0","endTime":"0","summary":"Jefferies analyst Brent Thill maintained a Hold rating on International Business Machines (IBM – Research Report) yesterday and set a price target ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/jefferies-sticks-to-its-hold-rating-for-international-business-machines-ibm?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/jefferies-sticks-to-its-hold-rating-for-international-business-machines-ibm?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["IBM"],"gpt_icon":0},{"id":"2525210774","title":"Pay Close Attention to This Crucial Revenue Source for Artificial Intelligence (AI) Giant IBM","url":"https://stock-news.laohu8.com/highlight/detail?id=2525210774","media":"Motley Fool","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525210774?lang=en_us&edition=fundamental","pubTime":"2025-04-06 21:00","pubTimestamp":1743944400,"startTime":"0","endTime":"0","summary":"The mostly forgotten former technology titan may quietly be sitting on the next big thing in AI's ongoing evolution.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com/investing/2025/04/06/pay-close-attention-to-this-crucial-revenue-source/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"fool_stock","symbols":["IBM","AI"],"gpt_icon":0},{"id":"2525511377","title":"International 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In this article, we are going to take a look at where International Business Machines Corporation  stands against other top AI news updates and ratings.According to a study presented at a European Central Bank conference, companies that manage to survive the upheaval caused by the adoption of artificial intelligence will eventually leverage AI to help them thrive in the longer run. Using data from theU.S. Census Bureauand surveys covering the period between 2017 and 2021, authors of the study found that companies that had adopted AI early on in the manufacturing sector saw their productivity drop after they replaced human workers with robots.Why are we interested in the stocks that hedge funds pile into?The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and larg","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/international-business-machines-ibm-integrates-231452475.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1430594728.SGD","BK4588","INTC","BK4527","LU0321505439.SGD","LU1880398471.USD","LU1674673691.USD","BK4538","BK4602","BK4512","BK4612","BK4534","LU1674673428.USD","LU0868494617.USD","LU1883839398.USD","BK4141","IBM","LU1880398554.USD","BK4533","LU1585245621.USD","BK4134","BK4535","BK4543","LU1778281490.HKD","BK4605","LU0081259029.USD","BK4550","BK4515","BK4529","BK4579","LU0321505868.SGD","BK4554","BK4585","BK4575"],"gpt_icon":1},{"id":"1177795209","title":"Stock Track | IBM Plummets 5.05% Amid Concerns Over Potential Reduction in Federal Contracts","url":"https://stock-news.laohu8.com/highlight/detail?id=1177795209","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1177795209?lang=en_us&edition=fundamental","pubTime":"2025-04-05 00:48","pubTimestamp":1743785335,"startTime":"0","endTime":"0","summary":"IBM's stock took a significant hit during intraday trading, plummeting 5.05% as investors reacted to growing concerns about potential reductions in U.S. federal government contracts. The tech giant, known for its high exposure to government contracts, faced selling pressure as market sentiment turned cautious.The worries stem from a broader industry trend affecting companies with substantial ties to federal contracts. According to a report by BMO Capital Markets, companies like IBM, along with S","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Stock Track | IBM Plummets 5.05% Amid Concerns Over Potential Reduction in Federal Contracts","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["IBM"],"gpt_icon":1},{"id":"2525780279","title":"Is TEAM Stock Still Worth Holding Despite Falling 28% in a Month?","url":"https://stock-news.laohu8.com/highlight/detail?id=2525780279","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525780279?lang=en_us&edition=fundamental","pubTime":"2025-04-04 22:20","pubTimestamp":1743776400,"startTime":"0","endTime":"0","summary":"Atlassian TEAM shares have plunged 28.3% in the past month compared with the Zacks Computer Technology sector, Zacks Internet Software industry and the S&P 500’s decline of 12.4%, 17.7% and 7.9%, respectively.This underperformance raises the question: Should investors cut their losses and exit, or is it worth holding on to?While the near-term headwinds are real, the long-term growth story for Atlassian remains intact, making a strong case for holding the stock.Several factors have played a role in TEAM’s decline, including broader market weakness and mounting fears over additional tariffs that have the potential to raise costs related to data center services and networking equipment that TEAM uses, affecting its margin.Additionally, as TEAM has a large part of its software development team stationed in foreign countries, the raised tariff rate can potentially increase the cost of cross-border services and software-related imports, pressuring Atlassian’s bottom line.TEAM has long been 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ServiceNow falls after BMO trims PT on potential reduction in federal contracts","url":"https://stock-news.laohu8.com/highlight/detail?id=2524788050","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524788050?lang=en_us&edition=fundamental","pubTime":"2025-04-04 22:16","pubTimestamp":1743776165,"startTime":"0","endTime":"0","summary":"BUZZ- ServiceNow falls after BMO trims PT on potential reduction in federal contracts** Brokerage BMO Capital Markets cuts PT on digital workflow company ServiceNow NOW.N to $990 from $1,185, rating 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Tees up Watsonx AI-Powered Digital Fan Features for the 2025 Masters Tournament","url":"https://stock-news.laohu8.com/highlight/detail?id=2524226032","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524226032?lang=en_us&edition=fundamental","pubTime":"2025-04-04 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Masters Tournament","url":"https://stock-news.laohu8.com/highlight/detail?id=2524229223","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524229223?lang=en_us&edition=fundamental","pubTime":"2025-04-04 12:00","pubTimestamp":1743739200,"startTime":"0","endTime":"0","summary":"Enhanced Hole Insights offers more detailed analysis around historic, in-Tournament and projected play for every hole on course. AI Narration in English and Spanish returns, along with revamped Masters Tournament app on Apple Vision Pro. ARMONK, N.Y., April 4, 2025 /PRNewswire/ --IBM  and the Masters Tournament today announced a series of digital fan features returning to the award-winning Masters app and Masters.com ahead of this year's Tournament. The watsonx AI-powered capabilities – the latest in a 30-year collaboration between IBM and the Masters – aim to deliver a more personalized and engaging experience for millions of new and existing golf fans around the world following all the action at the Masters Tournament.\"For more than 30 years, IBM and Augusta National have worked side-by-side to co-create unique digital experiences that bring the beauty, tradition, and excitement of the Masters to millions of golf fans worldwide,\" said Jonathan Adashek, Senior Vice President of Market","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/ibm-tees-watsonx-ai-powered-040000575.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ibm-tees-watsonx-ai-powered-040000575.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1880398471.USD","BK4575","BK4134","LU0321505868.SGD","LU1778281490.HKD","BK4602","BK4579","BK4543","LU1674673691.USD","LU1883839398.USD","LU1674673428.USD","LU0868494617.USD","BK4534","LU1430594728.SGD","LU1880398554.USD","LU0321505439.SGD","BK4585","IBM","BK4533","BK4538","LU1585245621.USD","BK4612","BK4588"],"gpt_icon":0},{"id":"2524215911","title":"International Business Machines Corp. Stock Underperforms Thursday When Compared To Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2524215911","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524215911?lang=en_us&edition=fundamental","pubTime":"2025-04-04 04:33","pubTimestamp":1743712380,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of International Business Machines Corp.  slipped 2.60% to $243.49 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index  falling 4.84% to 5,396.52 and Dow Jones Industrial Average  falling 3.98% to 40,545.93.This was the stock's second consecutive day of losses.International Business Machines Corp. closed 8.62% short of its 52-week high of $266.45, which the company reached on March 10th.The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp.  fell 2.36% to $373.11, Alphabet Inc. Cl C  fell 3.92% to $152.63, and Alphabet Inc. Cl A  fell 4.02% to $150.72.Trading volume  eclipsed its 50-day average volume of 5.1 M.Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWat","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IBM"],"gpt_icon":0},{"id":"2524218299","title":"News Highlights: Top Financial Services News of the Day - Thursday at 4 PM ET","url":"https://stock-news.laohu8.com/highlight/detail?id=2524218299","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524218299?lang=en_us&edition=fundamental","pubTime":"2025-04-04 04:00","pubTimestamp":1743710400,"startTime":"0","endTime":"0","summary":"Bank Stocks Get Walloped. It's An Alarm Bell For Investors.Shares of Bank of America, Morgan Stanley, and other big banks are down as much as 10%.Blackstone Grants Minnesota Pension an Opt-Out of China in Latest Asia Fund. The Minnesota State Board of Investment approved a commitment of up to $300 million in Blackstone's latest Asia-Pacific fund.Market Upheaval From Trump's Tariffs Could Be Just the Beginning. Investors who think the return to high tariffs will hammer the economy into recession should expect much bigger falls in stocks and bond yields.Venture Market Notches Strong Quarter-Thanks Mostly to One Mammoth AI Deal. Investors say competition for artificial intelligence startups is fierce, and OpenAI's $40 billion fundraise proved it.How the Company Making Nearly All Its Money From the Government Is Navigating Trump's Cuts. Two influential proxy-advisory groups are advising investors to vote against pay packages for two top executives at the bank's annual shareholder meeting t","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4134","BK4534","LU1883839398.USD","LU0795875169.SGD","BK4581","LU1778281490.HKD","LU0795875086.SGD","BK4585","BK4612","LU2028103732.USD","BK4575","LU1585245621.USD","LU0158827948.USD","LU1548497426.USD","LU1880398471.USD","LU2347655156.SGD","LU2023251221.USD","BK4533","IE00BZ1G4Q59.USD","LU1732799900.SGD","LU0006306889.USD","BK4144","LU0225283273.USD","LU0320765646.SGD","LU0321505868.SGD","LU1430594728.SGD","IBM","LU0971096721.USD","LU1668664300.SGD","LU1989772923.USD","BK4561","BK4602","LU0106831901.USD","LU0158827781.USD","BK4127","LU0868494617.USD","LU1732800096.USD","BK4588","LU1674673428.USD","LU0321505439.SGD","LU0314104364.USD","LU1720051017.SGD","LU2089284900.SGD","LU0267386448.USD","LU0912757837.SGD","ET","LU1074936037.SGD","LU1880398554.USD","BK4543","LU2111349929.HKD"],"gpt_icon":0},{"id":"2524329989","title":"The Mag 7 Gets Whacked. Here Are 5 Other Tech Stocks to Play. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2524329989","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524329989?lang=en_us&edition=fundamental","pubTime":"2025-04-04 01:33","pubTimestamp":1743701580,"startTime":"0","endTime":"0","summary":"A few technology stocks are still out there that can weather the tariff storm, according to analysts at Loop Capital and Stifel.Tech stocks were hit hard on Thursday by President Donald Trump's new tariffs. The Nasdaq Composite, off 4.9%, had its largest one day percentage decline in almost three years.And the most highly valued names took the brunt because of all the worry about a global trade war and recession. By early afternoon, the Magnificent Seven had collectively lost $848 billion in market cap and were on pace for the largest one-day market cap decline on record.\"We expect this risk-off environment to affect the riskiest and most expensive parts of the market, which include big tech, many of the AI-related names and the consumer discretionary sectors,\" David Bahnsen, chief investment officer of the Bahnsen Group, wrote.Gould offered up four media companies to consider, though he cautioned that no company in the sector will be immune from trade levies. The ones he thinks are th","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1880398471.USD","XMAG","BK4533","CMCSA","IBM","LU2552382215.SGD","LU0256863811.USD","BK4575","LU0980610538.SGD","LU1989764664.SGD","LU0477156797.USD","LU1585245621.USD","BK4532","BK4612","IE00BQXX3F31.USD","LU1880398554.USD","LU0256863902.USD","LU2237957902.USD","LU0868494708.USD","LU0082616367.USD","BK4538","IE00BKPKM429.USD","BK4543","LU0130517989.USD","LU0130102774.USD","LU1778281490.HKD","BK4602","IE00B19Z8X17.USD","FOX","LU0079474960.USD","LU1201861165.SGD","LU1069344957.HKD","LU0106261372.USD","LU0477156953.USD","LU1064131342.USD","LU1674673428.USD","BK4559","NFLX","CHTR","IE00B19Z8W00.USD","FOXA","LU2264538146.SGD"],"gpt_icon":1},{"id":"2524524252","title":"BRIEF-IBM Enhances Enterprise Cloud Capabilities In Canada To Meet Local Clients' Ai And Data Needs","url":"https://stock-news.laohu8.com/highlight/detail?id=2524524252","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524524252?lang=en_us&edition=fundamental","pubTime":"2025-04-03 21:06","pubTimestamp":1743685595,"startTime":"0","endTime":"0","summary":"BRIEF-IBM Enhances Enterprise Cloud Capabilities In Canada To Meet Local Clients' Ai And Data NeedsApril 3 (Reuters) - International Business Machines Corp IBM.N:IBM ENHANCES ENTERPRISE CLOUD CAPABILI","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nTUA9KHGJK:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4602","BK4579","LU1778281490.HKD","BK4612","BK4575","LU1674673691.USD","LU1880398554.USD","BK4533","BK4588","BK4538","LU1585245621.USD","BK4534","LU1883839398.USD","LU1430594728.SGD","LU0868494617.USD","LU0321505439.SGD","IBM","LU1880398471.USD","LU0321505868.SGD","LU1674673428.USD","BK4585","BK4543","BK4134"],"gpt_icon":0},{"id":"2524585952","title":"Market Chatter: Accenture, Other Consulting Firms Offer Billions in Savings to Federal Government","url":"https://stock-news.laohu8.com/highlight/detail?id=2524585952","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524585952?lang=en_us&edition=fundamental","pubTime":"2025-04-03 19:21","pubTimestamp":1743679312,"startTime":"0","endTime":"0","summary":"Accenture , Booz Allen Hamilton  and IBM , along with the other largest consulting firms working with the US federal government have offered billions of dollars in potential savings from their contracts, The Wall Street Journal reported late Wednesday.The 10 largest US consulting firms to the federal government met the General Services Administration's deadline this week to justify their contracts and identify potential cost cuts to existing projects, the report said. However, the Trump administration is expected to ask for more cost-saving measures, according to unnamed people familiar with the matter.Some of the firms submitted proposals that had too little savings, while others offered detailed savings proposals, with at least one company outlining $12 billion in potential savings to the government, the media outlet reported.Booz Allen's CEO Horacio Rozanski proposed more than $1 billion in savings related to its projects and suggested shifting more contracts to performance-based 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