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SAN FRANCISCO -- Investors will get a better idea of evolving tech spending patterns when IBM (IBM Quote) releases its third-quarter earnings after markets close on Tuesday.
Big Blue is a bellwether for the tech industry, given its wide range of servers and data storage hardware, business software and consulting and support services. Updates to the company's future financial targets and comments made by management will shed light on whether IT managers are likely to tighten budgets, as some investors fear.
Investors have become skittish about a possible U.S. economic slowdown that could threaten tech's continued growth. Any hint that sales are at risk can whipsaw tech stocks. ...
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