According to one of the leading consultants of the information technology business, not only tariffs are impacting the investment decision making of companies. Behavior affects actions.
Gartner consultant states that The confidence of the executive directors (CEO) has fallen to the fastest registered rhythm, and the corporate leaders behave as they did in the “great recession” in 2009 and during the Covid-19 pandemicaccording to executives of the leading firm in Information Technology during a “Conference Call” with analysts. This occurred in the middle of the worst fall in 26 years of the price of their shares last Tuesday, when they went from US $ S342 Au $ S232, after the consultant painted a gloomy panorama of what US companies think about the economy.
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The Gartner CEO said Eugene Hall, according to Tomi Kilgore in Marketwacht, who during the second quarter of the year confidence among the executive directors of US companies fell to recessive levels. Among the fastest falls ever registered in a Gartner survey, 78% of executive directors indicated that they are implementing cost reduction measures to safeguard performanceHall explained as he collected the Alphasense market intelligence platform of a call with analysts. Hall said that Gartner’s biggest problem during the second quarter was with the United States government, since The clippings of the government efficiency department made customers more difficult for customers. Meanwhile, Kilgore points out, The companies that face the impacts of the tariffs of President Trump began to cut costs instead of spending on new projects, a practice that was imitated even by companies that were not affected by tariffsand even when there were businesses, it took much more than usual to close them.


Business behavior replicates that of the 2009 recession and pandemic
According to Hall, the purchase decisions previously made by the functional leaders are now climbing to the financial director or even the general director, and these changes occurred at a record rate, which affected Gartner’s performance during the second quarter. The CEO said that companies behaved as they usually do during economic recessions and pointed out that, when companies are under pressure, they control costs by adding more friction to the decision -making process. “We observed the same behavior in 2009 during the great recession, exactly the same behavior during the 2021 pandemic”said the executive director of Gartner.
By 2025, The company reduced its estimation of total income AU $ S6.460 million from US $ 6,540 millionbelow the average estimate of analysts of US $ 6,570 million. However, it raised its perspective of profits adjusted by action for the whole year, excluding non -recurrent items, au $ 11.75 from US $ 11.70.
In the second quarter, net income increased by 4.9% compared to the previous year, to US $ 241 million, while the profit per adjusted action of $ 3.53 exceeded the consensus of analysts of $ 3.30. This marked at least the 21st consecutive quarter of higher results for Gartner, according to the available factSet data since August 2020, says Marketwacht. The income grew 5.7% to US $ 1,690 million, just above the consensus of U $ 1,680 million’s FACTSET analysts. So far this year Gartner’s shares have fallen by 49.7%, while the S&P 500 index has gained 7.1%.
Source: Ambito