Despite cloud growth, Kyndryl shares drop 5.4% on quarterly revenue decline

1 · Siliconangle · Aug. 5, 2026, 9:35 p.m.
Infra News The-Latest AI cloud services Technology Companies Kyndryl financial decline
Summary
Kyndryl Holdings Inc. shares fell 5.4% following a larger-than-expected revenue decline of 3% year-over-year, totaling $3.61 billion for the fiscal first quarter, despite growth in cloud services.
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