Kyndryl was spun off from IBM's managed infrastructure services, coinciding with a tariff plan causing markets to tank.
7 reports, 4 independent
Updated Aug 8
Gone quiet
Reached 2 outlets in its first 24 hours
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New informationRepeats or wire copies
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What happened
Kyndryl was spun off from IBM's managed infrastructure services, coinciding with a tariff plan causing markets to tank.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.IBM's revenue pressure is now impacting Kyndryl's profit margins.1 source
Kyndryl spun off from IBM while a tariff plan caused market instability.1 source
Kyndryl is reported to be insulated from Donald Trump's trade negotiations.1 source
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Coverage
Newest first; wire copies grouped- yahoo.com
- themarketsdaily.com
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- ReutersKyndryl's first-quarter profit soars as renegotiated contracts aid margins (Reuters) -Kyndryl Holdings' first-quarter profit soared more than five-fold, the company said on Monday, as the former IBM
- StockStoryKyndryl (NYSE:KD) Misses Q2 Sales Targets, Stock Drops 13% IT infrastructure services provider Kyndryl (NYSE:KD) fell short of the market’s revenue expectations in Q2 CY2025, with sales flat year on
- Unknown outlet