International Business Machines Corporation (NYSE:IBM) has forecasted a “minimal” tariff impact on its business while acknowledging not being “immune” to the Department of Government Efficiency-related initiatives during its first quarter earnings call. What Happened: IBM’s CFO and Senior Vice President, James Kavanaugh, said that the company was exploring alternatives to mitigate any indirect effects because the direct tariff impact was “minimal.” “Goods imported to the U.S. represent less thanRead More
IBM Plays Down Trump Tariff Concerns: DOGE Could Affect Consulting Business, But Its ‘US Federal Business Is Less Than 5%,’ Says CEO
