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Shares of information-technology research firm Gartner closed at their lowest level in five years, underscoring how artificial intelligence is disrupting the landscape for professional research and consulting.
Gartner’s
IT guidance for the full year came in below expectations, with the company forecasting adjusted earnings per share of at least $12.30, versus the $13.52 FactSet analyst consensus, as well as revenue of at least $6.455 billion, versus the $6.703 billion consensus view.