TCS gets a lift from the anti-AI trade, but earnings risks are building

TCS’s in-line Q2 and reports of lower-than-indicated OpenAI revenue helped lift IT stocks, but muted demand, H2 margin pressure and AI-led pricing risks cloud the outlook.TCS’s in-line Q2 and reports of lower-than-indicated OpenAI revenue helped lift IT stocks, but muted demand, H2 margin pressure and AI-led pricing risks cloud the outlook. 

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