IBM
International Business Machines
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I’m an “newer” autist. What is the potential for these in the coming 2 days after the $IBM blow out?
The Coming Analog Age: Bullish Scenario For Texas Instruments, Analog Devices, Qualcomm, Tower Semiconductor, IBM?
YOLO Alert: Boeing on the Brink – Why WSB Traders Should Short the Skies
Twitter-backer knocks billions off its value after Musk’s ‘go f--- yourself’ outburst
Twitter-backer knocks billions off its value after Musk’s ‘go f--- yourself’ outburst
Ken Griffin Now Makes Surprising Claims Confirming Illegal Manipulation
Cyberwarfare is The Weapon of Choice for Current Global Conflicts
Thoughts on IBM switching from 401k's to Pensions?
I am new to stocks and created my first portfolio - what are your thoughts and inputs?
Cyberwarfare is The Weapon of Choice for Current Global Conflicts
Remark Holdings' customers include the Las Vegas Raiders and the Las Vegas Police
Remark Holdings' customers include the Las Vegas Raiders and the Las Vegas Police
Integrated Cyber (ICS:CSE) takes steps to reduce the Growing Impact and Cost of Ransomware and Data Breaches
Warren Buffett’s Berkshire Hathaway Hits Record $157 Billion Cash
Integrated Cyber (ICS:CSE) takes steps to reduce the Growing Impact and Cost of Ransomware and Data Breaches
Data Provider for Adjusted Historical Prices with Last Data Updated in the Middle of Trading Day?
I wanted to try to invest in 10 completely random stocks to see if this beats the market in 1 year, so I asked ChatGTP...
FWIW: AAPL market cap 18x that of IBM
POTENTIAL RUNNER! New IPO W/$8 Billion Valuation - Sept 13 Run Down🔥
The next stock I am researching: $ASPI
ASP Isotopes ($ASPI) looking to get into quantum computing
IBM rolls out new generative AI features and models | TechCrunch
9/5 Pre-market TMT Breakout: $PINS better metrics, $AAPL neg impact from Huawei phone/new $IBM?, $DIS Bull case, $NTAP upgrade, $ORCL upgrad
Pre-market TMT Breakout - $PINS better metrics, $AAPL neg impact from Huawei phone/new $IBM?, $DIS Bull case, $NTAP upgrade, $ORCL upgrade on better runway growth, $ABNB to join SP500
$WHSI joins Next Realm AI Research Lab, an IBM Business partner, for Wearable Health Data
WHSI joins Next Realm AI Research Lab for Wearable Health Data
Butterflies & Iron Condors: Assignment Risk vs. Duration & Stock Selection
GBT Segmental Update: Magic2 a Suite of Eight AI Driven EDA Tools Assisting Engineers with Faster Semiconductor Design
LK-99 - The Potential Revolutionary Room-Temperature Superconductor
Asked ChatGPT what the market impact would be if it was confirmed that aliens exist
My AI momentum trading journey just started. Dumping $3k into an automated trading strategy guided by ChatGPT. Am I gonna make it
The AI trading journey begins. Throwing $3k into automated trading strategies. Will I eat a bag of dicks? Roast me if you must
Integrated Cyber, An Upcoming AI Cybersecurity IPO To Take Notice Of
Investment plan for about 85 000$ USD over the coming year
Investment plan for about 85 000$ USD over the coming year
Integrated Cyber, An Upcoming AI Cybersecurity IPO To Take Notice Of
Opened my paper trading account and made some options!
Potential Pennystock of the Year: $OSS - One Stop Systems
Potential Pennystock of the Year: $OSS - One Stop Systems
Potential Pennystock of the Year: $OSS - One Stop Systems
Nearly half of Warren Buffett's $366 Billion Portfolio is invested in only 1 stock
Who can strengthen cyber security?
This isn’t a bubble it’s a revolution, like the industrial revolution, just on a grand scale.
The AI hype is not what investors say it is, heres why im shorting the AI bubble
Profiting off the potential power grid failure. Overall thoughts and discussion.
I asked ChatGPT how to profit off of a power grid failure.
Unleashing the Hybrid Cloud AI Revolution: Nvidia's DGX, IBM's Ansible, and the Perfect Storm
Unleashing the Hybrid Cloud AI Revolution: Nvidia's DGX, IBM's Ansible, and the Perfect Storm
Unleashing the Hybrid Cloud AI Revolution: Nvidia's DGX, IBM's Ansible, and the Perfect Storm
IBM: Not Your Grandma's Boyfriend’s Favorite Tech Giant Anymore, Pioneering the AI Revolution Like a Boss
IBM Will Launch Partnership with Global Universities to Develop a 100,000-Qubit Quantum-Centric Supercomputer
Shopify ($SHOP) delivers impressive earnings, enticing investors to consider buying the stock.
Today, Dallas, Texas was disrupted by a large cyberattack impacting multiple services and important computer systems, emphasizing the need for cybersecurity investment for all sizes of businesses - CyberCatch's (CYBE.v) patented AI-enabled platform solves the root cause of these attacks.
IBM will lay off thousands of employees. Their work will be taken over by artificial intelligence
Capitalizing on the AI Boom: Companies Poised to Benefit from Artificial Intelligence Adoption
U.S. stocks trade lower as traders eye earnings from Morgan Stanley, IBM
IBM, TSM, NOK rocket 🚀 🤣
Stocks making the biggest moves after hours: Tesla, Las Vegas Sands, IBM and more
IBM misses first-quarter revenue estimates as corporate IT spending shrinks
Weekly Earnings Digest for Options Traders: NFLX, TSLA, IBM, GS, T, SCHW and more!
Expected Moves: Low IV Trading and Earnings from Netflix, Tesla, Goldman, IBM and more.
AI Stocks: 5 Companies Leading the AI Revolution
Debunking Kerrisdale Capital's Bearish Take on C3.ai
VERSES AI ($VRSSF) The ONLY pure horizontal AI play
dividend stocks - what are your favourites and why ?
NVDA still overvalued and AI wont change the world because its been around a long time. Just another boom bust Cycle.
Mentions
Kyndryl Stock Crashes After Former IBM Unit Discloses Accounting Review -- WSJ
Depends. The original 1929 crash was about 30%. If that happens, the sun rises and we continue on. The problem was that the original crash caused a meltdown of the system that had been circulating gold around the world. That caused the US currency to melt up (deflation) and a number of banks to fail. The follow on lead to stocks being down about 85%. Full recovery if the index did not happen until the 1950s (though actual recovery might have been earlier, IBM hit itself kicked out of the DOW for a number of reasons, including selling early databasing systems to the Nazis to round up Jews). If Great Depression round 2 happens the only thing that does not die is sovereign bonds and even some of those sovereigns might not be around at the end of it. In this situation gold is not a certain safe haven. During the depression the price of gold DROPPED when the US went off the gold standard, as the US was providing price supports. Nothing does well. Paid off house and investment in TIPS might cause the least day to day disruption (though TIPs in the depression would have suffered major losses due to deflation). That said there were some Germans who had their currency crash, there homes burned out, then the Soviets take anything that was left. At that point the question becomes who in the family died, not how the investments did.
I got burned so hard on my CCCX play this last week. I still think they’re the best value in the market. They had some rotten fucking luck, and me too by extension. A government shutdown each time they started to get momentum. Other quantum companies shitting the bed with dilution or whatever this last go around. The narrative of quantum going from revolutionary to “highly speculative and overbought penny stocks” in October as well. I see quantum in two separate ways, there’s the revolutionary logical qubit super computers and then there are deployable applications. IBM and google are a league above everyone else on the logical qubit side last I checked. INFQ is the front runner for deployable applications. It’s like comparing data centers to laptops imo. There’s always the breakthrough chance though for any of these companies. If I was responsible and a believer in quantum, I’d go in CCCX/INFQ, IBM and a quantum ETF. I’m a degenerate though and see CCCX as having the largest upside in the next 6 months though FYI, I believe INFQ shares are locked post merger. So only CCCX buyers will be taking losses if it falls below $10.
“Permabuy.” That’s what was said about IBM and GE once.
Their platform looks like it was developed in the 90s and never updated. Only legacy companies will use them until they become like IBM. Newer companies will use platforms developed for the .modern workplace and don't have a high barrier to integrate and maintain. Our workforce has a SNOW team of about 10 and they are in 6 month backlog of requests for maintenance, fixes, and enhancements.
100%. It reminds me when I worked at IBM and they tried so hard to ban Excel and use their Lotus product. Huge flop and everyone went back to Excel pretty quickly. Huge moat and huge pricing power.
I felt this way about IBM when it was at 160.
Seeking an exposure to the US grid through a solid company with strong fundamentals, I've picked GEV. Expensive, yes but the US electrical infrastructure requires complete turnaround upgrade and expansion to keep up capacity for growing power demand. GEV was sort of IBM. Has it all, but needed major restructure and restart. From getting rid of dead weight to changing company mentality. Got a first hand experience with its machinery. God tier quality. Besides, they have some renewables branches if memory serves. As for Chinese vendors, Huawei, SunGrow and Trina Im most familiar with. Huawei offers best integrated solutions. Every year a new upgrade. SunGrow provides Switzerland level quality and manufactures everything from PV panels to transformers. Trina. Welp, Trina is just like Ford. Bear in mind, renewable stocks boomed after Covid just like SaaS, AI and semi companies did, so Im not entirely sure if they go parabolic again. Also, high competition and low level entry barrier on Chinese market.
NVDA TSM ASML . MSFT GOOG TSLA and META will go sideways due to capex impinged earnings. In 2001 after the crash in internet stocks, there were only three or so winners at the top of the S&P 100. CSCO IBM MSFT AOL etc went sideways.
Adding to Alphabet and Boeing...already bought some more crowdstrike and snowflake...looking at IBM and Cisco...
Let's not talk about Amazon as a whole. We have to talk about Amazon Retail+Ads (ARA) and Amazon Web Services (AWS). They are two completely separate businesses bundled into one. ARA is actually a bad business (comparatively) that I wouldn't invest in. Growing 10% on $127B US and 17% on 50.7B intl, with margins around 9% and 2% respectively. Retail is hard to scale and profit. Your autonomous warehouse thesis hits here, they might be able to get a few points of margin here but it won't be game changing. AWS is what everyone's watching, the growth and backlog are slowing relative to GOOG/MSFT. The world is changing very actively and the newest tech companies and legacy companies are all choosing their AI cloud providers now, it's a new inning and every legacy and new tech company's cloud and AI spend is up for grabs. AWS's lackluster chips program and their lack of AI bundling like GOOG makes them the dumb choice for any enterprise or AI startup. It really comes down to this: Any startup or executive will choose 1) GOOG or 2) MSFT for their AI/Cloud strategy going forward. If you choose AWS/Oracle/IBM you will be laughed out of the room and fired (or your company will slowly sink). This is the current state of play. AWS might catch up later as startups and enterprises start going multicloud, but the current GOOG offering is just too attractive.
Yeah maybe. Or maybe Google or IBM win the quantum race
But I do think that one day soon it will be able to do that. When it comes back asking for documentation of income and expenses then it’s prime time. “Create an order entry system using Salesforce customized for company XYZ”. Then when it starts asking questions and documents for analysis then I will be impressed. 15 years ago IBM came in to the company I worked at and demonstrated Watson. It didn’t work with the simplest of tasks. I’m guessing it’s progressed.
Recent Layoff Announcements: US Government: 307,000 employees UPS: 78,000 employees Amazon: 30,000 employees Intel: 25,000 employees Nissan: 20,000 employees Nestle: 16,000 employees Microsoft: 15,000 employees Bosch: 13,000 employees Dell: 12,000 employees Verizon: 13,000 employees Accenture: 11,000 employees Ford: 11,000 employees Novo Nordisk: 9,000 employees Microsoft: 7,000 employees 15 PwC: 5,600 employees Salesforce: 4,000 employees IBM: 2,700 employees American Airlines: 2,700 employees Paramount: 2,000 employees Target: 1,800 employees General Motors: 1,500 employees Applied Materials: 1,444 employees Kroger: 1,000 employees Meta: 1,000 employees AI is officially replacing jobs at mass scale in the US. Where will all of these people go? where is the best place to see aggregated numbers like this? US Bureau of Labor Statistics keeps a complete historical record here: [https://fred.stlouisfed.org/series/JTSLDL](https://fred.stlouisfed.org/series/JTSLDL)
There are so many cloud providers, alibaba cloud, oracle, microsoft, amazon, google, IBM cloud, tencent cloud. They’re like a commodity, nothing special between them. You raise your price I’m gone. I’ll switch to the next cloud provider.
Last time I made the same bet on a big IBM drop with no news it gained me 20k overnight, chasing the same luck but didn’t work this time.
One earnings bet per day while I’m on vacation. So far I’m 2/2. Today’s bet is 2000 shares of SNAP I bought this morning for $5.90, iv is too much or I woulda bought calls. I know shares, ewww😂. Mon- PLTR 2/6 128c, +$1234.33 58% gain Tues- SMCI 5/15 28c, +$537.98 33% gain Wed- SNAP 2000 shares, Side note I lost $1500 on a drunken IBM call purchase I made yesterday.
I’m good bro. Port gained 800% playing mostly options last few years. Gotta know when to hold them and know when to fold them. Only reason I made this play was previous luck in the same situation with IBM… hesitation and it wouldn’t have worked. Last time it gained me 20k in 23 hours.
We know that but he was asking what IBM stands for
What does IBM even stand for anyway
this kind of "racial thinking" is what caused the bamboo salary ceiling in the late 80s. and that drive tsmc ceo away from his IBM job and went back to taiwan and found TSMC. So many great companies that could of be founded in the usa by immigrant end up getting shun away. USA get to brain drain the rest of the world for free, yet they are still complaining about it. Kind of spoiled tbh
There was always tech stocks, in the 1960s there were Xerox, IBM Polaroid, Kodak, AT&T, Xerox stock gained 500,000% during his lifetime it was the Google of the time, Buffett missed all those too, but he missed all the tech clunkers too. His secret sauce was always not losing money.
feels like when IBM said "hey we are launching OS/2 and it will dominate personal computing!!"
The cloud revolution favored startup Salesforce over incumbent Siebel. The iPhone revolution favored Uber and Airbnb over legacy taxis and hotels. The internet revolution favored Amazon over incumbent retailers. Netflix beat Blockbuster. Apple beat IBM. Ford beat the horse and buggy.
They used to say “you’ll never get fired for buying IBM” but now I think it’s “you’ll never get fired for buying Salesforce”…
And Microsoft, IBM, Micron to name a few.
In the 1980's IBM wasn't going anywhere, then someone bought a PC to work.
When I started in I.T, PC's were a bit of a joke, as was Microsoft. IBM was the only brand you touched when it came to the enterprise. Then it all changed overnight. Not saying this will happen re google, but with google coming out with a new Android Desktop (and chromebooks already making a mark in education), the industry often moves to whatever the young people are gelling with. Not everything is coding related either when it come to AI, there's probably a bigger future in robotics. Gemini will prob be the consumer/personal assistant AI.
We'll be downvoted to hell for saying true but unpopular stuff. This sector is not done falling. It will not be done falling for a while. The rules have changed and these just aren't the cool kids like they were between 1999-2020. This is like the run up to the dot com boom and obsessing about IBM being great again as it got outplayed in a new game. It stayed flat for 20 fucking years, and has just started kicking again. They're gonna waste a lot of time looking at flat curves, at best.
Possibly more IBM calls.
“I am beginning to think that IBM and Texas Instruments haven’t paid a light bill since 1972.” 😂
IBM guidance was for 3-5% constant currency growth. Trades at 35x FWD PE.
Somehow MSFT got cheaper than IBM, just ridiculous lol
The boring ones. IBM. Pepsi. Walmart.
IBM down 10% off no news. You can't make this shit up.
I heard the same about Sears, Bear Stearns, BlackBerry, etc. I'm not anti-MSFT, in fact I like them quite a bit. I'd just caution away from saying that anything is 100% safe. For example, imagine someone develops a computer replacement with, say, a helmet that connects directly to your brain or AR goggles that obsolete their Windows OS and Office products. That would cut 35% of their revenue. It's also possible that Google, Amazon, Apple, or one of the Chinese replicas could make some massive investments or innovative products that replace MSFT's server products. That could kill 40% of their business. I don't think any of those things will happen. I'm just throwing out wild ideas that could conceivably make MSFT the next, IBM or GE....a former giant that's now a shell of their former selves.
IBM LEAPS on a day its down 9%? You absolute mad lad next you'll be buying SPY.
Jesus chroist IBM getting thrown out with the software bathwater. I’m so cooked
Wtf!!! Sofi, EXPE, SPOT, IBM, SHOP and literally every other software!!!
wtf happened to IBM today? Anyone know? I don't see anything on the wire.
Your portfolio is FIG, IBM, PYPL?
IBM, huge flush to the bottom of the range! -8%
Did IBM break the internet or something?
Fuck just happened to IBM?
From the 2011 Berkshire shareholder letter. >This discussion of repurchases offers me the chance to address the irrational reaction of many investors to changes in stock prices. When Berkshire buys stock in a company that is repurchasing shares, we hope for two events: First, we have the normal hope that earnings of the business will increase at a good clip for a long time to come; and second, we also hope that the stock underperforms in the market for a long time as well. A corollary to this second point: “Talking our book” about a stock we own – were that to be effective – would actually be harmful to Berkshire, not helpful as commentators customarily assume. >Let’s use IBM as an example. As all business observers know, CEOs Lou Gerstner and Sam Palmisano did a superb job in moving IBM from near-bankruptcy twenty years ago to its prominence today. Their operational accomplishments were truly extraordinary. >But their financial management was equally brilliant, particularly in recent years as the company’s financial flexibility improved. Indeed, I can think of no major company that has had better financial management, a skill that has materially increased the gains enjoyed by IBM shareholders. The company has used debt wisely, made value-adding acquisitions almost exclusively for cash and aggressively repurchased its own stock. >Today, IBM has 1.16 billion shares outstanding, of which we own about 63.9 million or 5.5%. Naturally, what happens to the company’s earnings over the next five years is of enormous importance to us. Beyond that, the company will likely spend $50 billion or so in those years to repurchase shares. Our quiz for the day: What should a long-term shareholder, such as Berkshire, cheer for during that period? >I won’t keep you in suspense. We should wish for IBM’s stock price to languish throughout the five years. >Let’s do the math. If IBM’s stock price averages, say, $200 during the period, the company will acquire 250 million shares for its $50 billion. There would consequently be 910 million shares outstanding, and we would own about 7% of the company. If the stock conversely sells for an average of $300 during the five-year period, IBM will acquire only 167 million shares. That would leave about 990 million shares outstanding after five years, of which we would own 6.5%. >If IBM were to earn, say, $20 billion in the fifth year, our share of those earnings would be a full $100 million greater under the “disappointing” scenario of a lower stock price than they would have been at the higher price. At some later point our shares would be worth perhaps $11⁄2 billion more than if the “high-price” repurchase scenario had taken place. >The logic is simple: If you are going to be a net buyer of stocks in the future, either directly with your own money or indirectly (through your ownership of a company that is repurchasing shares), you are hurt when stocks rise. You benefit when stocks swoon. Emotions, however, too often complicate the matter: Most people, including those who will be net buyers in the future, take comfort in seeing stock prices advance. These shareholders resemble a commuter who rejoices after the price of gas increases, simply because his tank contains a day’s supply. >Charlie and I don’t expect to win many of you over to our way of thinking – we’ve observed enough human behavior to know the futility of that – but we do want you to be aware of our personal calculus. And here a confession is in order: In my early days I, too, rejoiced when the market rose. Then I read Chapter Eight of Ben Graham’s The Intelligent Investor, the chapter dealing with how investors should view fluctuations in stock prices. Immediately the scales fell from my eyes, and low prices became my friend. Picking up that book was one of the luckiest moments in my life. >In the end, the success of our IBM investment will be determined primarily by its future earnings. But an important secondary factor will be how many shares the company purchases with the substantial sums it is likely to devote to this activity. And if repurchases ever reduce the IBM shares outstanding to 63.9 million, I will abandon my famed frugality and give Berkshire employees a paid holiday. I want the stock to go down if the buybacks are my primary motivator for holding as my stock will be buying stock and if it gets a good price thats better for me.
Why is IBM getting smoked?
Another big problem is large enterprise companies like IBM, Oracle, SAP who have e
There is a reason McKinsey is branded as 'evil' while firms like Deloitte, KPMG, and Accenture are merely seen as incompetent. The latter have spent years trying, and failing, to unify government datasets. Palantir, by contrast, spent 20 years reverse-engineering that mess. They didn't just connect the data; they codified the rules of legacy systems like ERP, SAP, and CRM. Consequently, their AI doesn't just read data, it can take action (write). Meanwhile, tech giants like Microsoft, Google, AWS, and IBM work just as closely with the US and Israeli governments. The narrative that PLTR is uniquely 'evil' usually boils down to the fact that people dislike Peter Thiel's public support for Trump. I'm a data scientist and an early PLTR investor ($10 cost basis in 2021). I bought in because I was fed up with using data effectively just to optimize for engagement, which is 80% of this industry. I saw that Palantir could actually integrate government datasets and operationalize AI in the real world, from manufacturing to the public sector. Do I agree with everything the government does? No. But keeping the state inefficient as a safeguard against bad policy is not the path to a prosperous society.
IBM ripping, always good to diversify with some boomers shit
Apple underperforming IBM of all fucking things after reporting record breaking profits. Jesus fuck
Thank you Carol B. Tomé Carol Tomé Chief Executive Officer 1023x1023-NBrothers051.jpg Norman M. Brothers, Jr. EVP & Chief Legal and Compliance Officer Nando Cesarone Nando Cesarone EVP & President U.S. 380x380_BDykes008.jpg Brian Dykes EVP & Chief Financial Officer Darrell_Ford_380x380.jpg Darrell Ford EVP, Chief Human Resources Officer and Chairman, The UPS Foundation 380x380_MGuffey.jpg Matt Guffey EVP & Chief Commercial and Strategy Officer Kate Gutmann Kate Gutmann EVP & President International, Healthcare and Supply Chain Solutions BSubramanian_380x380.jpg Bala Subramanian EVP & Chief Digital and Technology Officer Board of Directors William R. Johnson William R. Johnson Former President and CEO, H.J. Heinz Company Rodney C. Adkins Rodney C. Adkins Former Senior Vice President, International Business Machines Corporation (IBM) Eva Boratto Eva Boratto Chief Financial Officer, Bath & Body Works, Inc. 380x380-BOD-KevinClark.jpg Kevin Clark Chairman and CEO, Aptiv PLC Wayne Hewett Wayne Hewett Senior Advisor to Permira Angela Hwang Angela Hwang CEO, Metaphore Biotechnologies and CEO - Partner, Flagship Pioneering Kate_Johnson_BrBkgd_380x380.jpg Kate Johnson President and CEO, Lumen Technologies Franck Moison Franck Moison Former Vice Chairman, Colgate-Palmolive Company John Morikis John Morikis Former CEO, The Sherwin-Williams Company Christiana Smith Shi Christiana Smith Shi Former President, Direct-to-Consumer, Nike, Inc. Russell Stokes Russell Stokes President and CEO, Commercial Engines and Services, GE Aerospace Carol B. Tomé Carol Tomé Chief Executive Officer 1023x1023-KevinWarsh-BOD.jpg Kevin M. Warsh Former Member of the Board of Governors of the Federal Reserve System, Distinguished Visiting Fellow, Hoover Institution Stanford University
IBM is good. Msft and Google are okay I guess but ORCL LMAOOOOO. Ur toast. Well what price does the stock have to hit before u admit ur wrong? 200? 300? 1000?
That’s gonna be never chief. Rather own MSFT, IBM, ORCL, GOOGL… your best hope is a buy out by one of those 4 lmao
Oh and also intc and IBM will be 5 trillion dollar companies in 10 years as they fully shift to quantum computing
I remember IBM paid them to take over their chip business. If GFS contractually obligated to build boring trash for others and unable to tap into the AI boom? I was thinking about them a few months ago… don’t they make chips in the US too?
My point is it's a failed hardware space anyways. Cant compete with Dell, intel and the like. Mainframe is what matters and where the revenue is. IBM doesnt care if P fails. They need stateside workforce for future endeavors.
I think MSFT will start to go back up by Monday close by institutional buyers- they and IBM are leaders in quantum
Back in the fall IBM tanked after good earnings. We bought OTM dips the morning after and IBM then proceeded to skyrocket out of nowhere. Pure luck but we made a killing. Oct 23. I was also eyeing up INTC for the same reason but passed over it this time. I'll join you on the MSFT crusade next week brother, if the move isn't already done by then.
Gtf take the entire quantum industry hand it to Google and it wouldn't move the market cap 1pc, how terrible are you at math Same with IBM You need a pure play, IonQ is the clear leader
I find it hilarious you think AI is chat base only. Microsoft just posted $81.3 B in quarterly revenue and $38.5 B in net income with cloud + AI demand cited by management. Commercial cloud backlog (which is future contracted revenue) jumped to $625 B Nvda- 66% year-over-year and overall revenue due to AI demand. IBM- AI related business 12.5 billion increase Sandisk went from 104m to 803m in quarter. Revenue growth, backlogs and profit increase all because of AI. Yea ai has no profitability going forward 🤣. Get off Reddit dude and research some actual numbers
Apple is slowly turning into the IBM of this generation
There is a tremendous amount of ignorance pushing down major software and database companies and pushing up memory and storage commodity companies. As well as NOW you have CRM, SAP, oracle, workday, etc etc. The theory is that AI will somehow allow others to build better apps. That totally underestimates the complexity of those apps which literally run major aspects of all the major worlds corporations. It would be massively difficult and prohibitively expensive for those capabilities to be replaced. When I worked for IBM Global Service ad a Delivery Project Executive I had a team operating SAP for Whirlpool. It took 30 very expensive SAP SMEe just to keep that massive sprawling complex application functioning 24/7. Without it Whirlpool would be out of business. The lunatics are running the asylum. This is a great opportunity to open positions in core software companies but they may keep going down until sanity returns.
At least my IBM is back up…
Buying MS is like buying IBM back in the day. Might as well just buy spy thinking of safety.
IBM boomer shareholders like YEAH MOTHERFUCKERS WHOOOO meanwhile IBM wrote a shell script that calls OpenAI's LLMs, sold that to some old school financial services and manufacturing companies bundled with 9.5M in services and consulting, and took it to the bank LOL.
I added a few shares on the huge dip. The huge drop in MSFT was more than made up by META and IBM jumping in my portfolio.
If they don’t fire the CEO and bring in someone who can deliver robots by 2030, MSFT will end up like IBM or Cisco and become a fringe player. Time for drastic action, hope Bill is reading this.
If they don’t fire the CEO, MSFT will end up like IBM or Cisco and become a fringe player. Time for drastic action, hope Bill is reading this.
I have IBM call expiring in March, anyone selling at open or holding?
At least IBM is up, should compensate for msft
Hmm. Wasn’t IBM $100 a couple years ago? Did they finally stop spending their entire R&D budget attempting to create the computer version of Bobby Fischer?
Msft will go back up tomorrow, meta will climb, IBM will soar, tsla will drop and apple will be flat. So says my crystal ball
60k (ish). Total profit for Jan is 80k (with other plays, not just metals). Though with the move that just happened, I might clear 90 or 100 tomorrow...we'll see how hard my calls print. Plus I bought IBM shares and calls. Not entirely sure what im looking at until the open
IBM the only thing that held
#Microsoft, Tesla, IBM and Meta reported earnings today and they all said they will accelerate AI investments. Calls on NVDA and AMD. LMAO🤌
Funny I sold a bunch of puts in advance of IBM earnings after the close today stock up 25 so I guess Meta and IBM up big and MSFT and PLTR down big
I think it was IBM, but something like 80% of their revenue growth in AI was from consulting firms
Don't forget Microsoft! You made it sound like Amazon and Google are the leaders in cloud hosting but Microsoft is a clear second. Market Share Breakdown AWS (Amazon Web Services): ~29% Microsoft Azure: ~20% Google Cloud: ~13% Others (Alibaba, Oracle, IBM, etc.): ~38%
Decent read here: [What Happened to IBM Watson: The Rise, Fall, and Rebirth of AI’s Most Hyped Technology](https://medium.com/@averageguymedianow/what-happened-to-ibm-watson-the-rise-fall-and-rebirth-of-ais-most-hyped-technology-28399bb39782)
Guess who sold their IBM calls at close 😎
I do not because it's not critical engineering rolls. Those that work on mid range hardware where competition is steep and IBM is the most expensive. Mainframe is still stateside and where the critical engineering rolls are maintained.
People really sleeping on IBM and it shows
Same lmao, and I was also even gonna do IBM