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IBM sees gains as customers accelerate shift to cloud

By Munsif Vengattil

Jul 21 2020 12:53PM

Beats estimates.

IBM sees gains as customers accelerate shift to cloud

IBM beat estimates for second-quarter profit and signalled that demand in its cloud computing business would get a boost as large corporations accelerate their digital shift due to the coronavirus crisis. The company's shares rose 5 percent in after-hours trading. IBM has jettisoned some ...

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