$KD

Kyndryl (KD) reported Q2 revenue of $3.62B, down 3.3% YoY, missing estimates by 0.7% but beating EPS. Gartner (IT) reported $1.68B revenue, up 1.8% YoY, beating estimates. Accenture (ACN) reported $18.72B revenue, up 5.6% YoY, in line with estimates but missed guidance. IBM (IBM) reported $17.16B revenue, up 1.1% YoY, missing estimates by 1.5%. DXC (DXC) reported $3.00B revenue, down 5.1% YoY, in line with estimates but missed EPS.

Kyndryl will train thousands of specialists on VMware Cloud Foundation (VCF) as part of an expanded partnership with Broadcom. The initiative aims to enhance private and hybrid cloud adoption, addressing AI-driven security and compliance needs. Broadcom's shares rose 3.79% to $369.07 following the announcement, reflecting investor interest in its enterprise software strategy.

Kyndryl (KD) shares rose 7.6% after announcing an expanded alliance with Broadcom to enhance AI-ready VMware Cloud services. The partnership includes joint investments in training consultants and architects, aiming to strengthen Kyndryl's role in cloud and AI governance. Kyndryl projects $15.2B revenue and $472.5M earnings by 2029, though analysts remain divided on its growth potential.

Kyndryl and Broadcom expanded their partnership to offer AI-focused consulting services for VMware Cloud Foundation. They plan to invest in training thousands of Kyndryl consultants. Analysts note the potential of the skills investment but question the novelty of the partnership and enterprise interest in private clouds. According to analysts, the move aims to address the growing complexity of enterprise infrastructure and AI adoption.

DXC (NYSE:DXC) reported Q2 revenue of $3.00B, down 5.1% YoY, in line with expectations but missing EPS estimates. CEO Fernandez maintained full-year guidance. Gartner (NYSE:IT) reported $1.68B revenue, up 1.8% YoY, beating estimates. Accenture (NYSE:ACN) reported $18.72B revenue, up 5.6% YoY, with weak guidance. Everforth (NYSE:EFOR) reported $1.01B revenue, down 1.3% YoY, beating estimates. Kyndryl (NYSE:KD) reported $3.62B revenue, down 3.3% YoY, missing estimates. IT services stocks are up 5.

A cybercriminal claims to have stolen 3.6M employee records from Microsoft Entra ID environments of major companies, including McDonald's, Vodafone, and Tata Consultancy Services. The data, advertised on cybercrime forums, includes employee details and admin information. Hudson Rock assessed the data as likely authentic, while affected companies dispute recent breaches, citing old data.

A market movers roundup reported Monday moves for Kyndryl (KD) down 3.3% on reports of a potential cybersecurity issue tied to stolen credentials. ScanSource (SCSC) fell 3.7% after director Peter C. Browning retirement. SentinelOne (S) dropped 4.3% after a Deutsche Bank downgrade. FTAI Aviation (FTAI) rose 7.3% on closing a $2.0B warehouse financing facility. Semtech (SMTC) gained 9.3% after selling its cellular module business for $62M.

Hudson Rock says a hacker group called “TheHatman” posted millions of employee records allegedly taken from Azure tenants of firms including McDonald’s (about 1.7M records), TCS (~800k), Vodafone (~425k), and HCL (~250k). Researchers say samples look like Azure directory exports. TCS told the Bombay Stock Exchange it found no credible breach and said the data is over four years old.

Kyndryl (NYSE: KD) shares fell about 3.3% to $12.72 after Cybernews and Hudson Rock linked Kyndryl to a potential cybersecurity issue involving stolen credentials and infostealer malware. Hudson Rock cited evidence tied to roughly 170,000 records in an Azure/Entra exfiltration campaign, adding to prior investor concerns after a revenue miss.

A cybercriminal calling itself “TheHatman” claims it exfiltrated employee and service-account records from Microsoft Entra portals hosted on Microsoft Azure. Listed alleged victims include McDonald’s (1.7M records), Vodafone (425K), TCS (800K, said to be over four years old), HCL Tech (250K) and others. Security firms say data appears legitimate and could enable social engineering and privilege attacks.