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Consulting more generally is having a slowdown. Share price is an indicator of if the public have bought into the AI Hype of the firm.
Precisely my point. A lot of AI froth. IBM consulting revenue is actually down/flat in most markets. Hardware / software is up with things mysteriously bundled as ‘GenAI services’. The reality will hit soon on the share price (my humble opinion)
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The company is in tatters.. looking to jump ship