IT sector

Last Thursday, Accenture plc (NYSE: ACN) is the latest from the IT sector to flag the industry pressures as its latest quarter revenue came short of expectations. Meanwhile, International Business Machines Corporation (NYSE: IBM) general manager of Asia Pacific, Paul Burton, spoke today,...

The U.S.-China trade war complicated analysts’ assessments of Cisco Systems, Inc. (NASDAQ: CSCO)’s fourth quarter and outlook, with little consensus emerging on the stock’s near-term future. Cisco reported a slight earnings beat but it came with weaker-than-expected guidance that...