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- Gartner Stock Crashed Despite Raised Guidance. Here's What Spooked Investors
Gartner shares fell nearly 20% Tuesday morning and were still down about 13% at 3:30 p.m. ET, despite beating its own forecasts and raising its full-year outlook. Contract value, the metric investors watch most closely, rose 2.5% year over year to $5.3 billion, its third straight quarter of faster growth but still slow. Revenue slipped 1.3% to $1.5 billion, partly due to the sale of its Digital Markets unit, while adjusted EPS jumped 30% to $3.59. Gartner repurchased $1.7 billion of stock over the past four quarters, reducing shares outstanding by close to 15%. The article says the stock may not get much credit until contract value growth picks up, amid pressure from the war in the Middle East and new tech layoffs.
- Selling the map, not the chips: How Gartner is cashing in on AI
Gartner (NYSE: IT) reported an adjusted profit beat of 16.2% in its latest quarter, with adjusted EPS of $4.37 against $3.76 in consensus expectations and revenue of $1.67 billion. The article highlights its capital-light model, with a 77% research contribution margin in the Insights division, a 31% return on invested capital, and $1.3 billion in free cash flow over the past 12 months without hardware debt. Gartner says more than 80,000 business leaders and 10,000 corporate CIOs rely on its research, and contract value growth re-accelerated for a second consecutive quarter, with enterprise AI as its largest commercial catalyst. Management continues to return surplus cash to shareholders, spending $547 million on share repurchases in the second quarter alone. Over the past year, buybacks reduced total shares outstanding by about 14%, boosting per-share earnings.
- Gartner Says AI Risk is Rising Faster Than AI Value
Gartner says AI risk is growing faster than AI value in organizations, but CIOs can still manage governance and deliver business value. At the Gartner IT Symposium/Xpo 2026, analysts told more than 7,500 CIOs and IT executives that value and risk are interconnected, so CIOs must make value compound faster than risk. A survey found 58% of leaders see some positive value from AI initiatives, yet struggle to scale it across the enterprise, and only 25% of CIOs align technology and business risk. While 71% of organizations expect to deploy agentic AI within 12 months, only 21% have agentic AI governance in place. Gartner recommends using a Value-Risk Flywheel, establishing an “AI Central Bank” for coordinated governance, and cultivating AI entrepreneurs across the enterprise.
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US tech stocks recovered on Tuesday afternoon after a selloff over AI spending spooked investors: the Nasdaq rose 0.83% and the S&P 500 gained 0.37%, while the Dow fell 0.38% as Apple shares dropped 1.9% after it forecast a weaker-than-expected margin due to higher memory chip costs. Nvidia gained 2.3% after four sessions of declines, and AMD, Broadcom and Micron also rose. The Nasdaq posted its largest monthly decline since March 2025 in October and closed Monday in correction territory, 10% below its October 6 record close. Brent crude fell to $103 a barrel from $117 at the end of October, while investors predicted Democrats would win at least a House majority in Tuesday's midterm elections, which could lead to more AI regulation. Year-to-date, the S&P 500 is up 10%, the Nasdaq 9% and the Dow 7%.
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- DATA GLOBAL PTY LTD Enters Australian Market with DGX B300 AI Server Cluster at Micron21 Data Centre
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