IBM

Zef-Daytrade

IBM is a good example, just didnt know how to profit from its R&D (and sold off many stuff IP like say Thinkpad which dominates the business world today) hence it is only so low in marketcap. SpaceX dont seem to have that problem in the profit side....

Dude_HaHa

Rotating into proper businesses with great balance sheets like CAKE, KO, CMG, CELH and PEP instead of ahitcoins like AMD, IBM, AVGO, MU and SNDK.

Mundane-Dirt-4077

Is IBM about to pop...

Spac55

Look $PLtR absolute dollars not percentage Market cap too high, can crash hard like $ORCL, $IBM

Own-Jeweler3169

Thanks for the explanation man, interesting read, and useful. My logic was that, traditionally, AI is not that much different to any other search algorithm in the sense that it's got a bunch of data it needs to sort through and consider in order to complete the task, my logic was QC is much quicker in searching and traversals due to being able to explore all paths simultaneously, so surely this will be applied to AI in order to deliver speed and comprehensive consideration. I agree we are not at the stage, it's still a relatively emerging tech, but within the next 10-15 years, I expect QCs will be deployed for consumer services, even IBM let you send shit to their QC. So my point was, QC use case will eventually be used in tandem with AI to massively accelerate it's capabilities, this is correct no? Idk the details of AI/QC, but from my high level understanding this is the case, someone will make it work as they payoff is huge, hence the long time investment in R&D for QC.

Apex-Editor

I guess my family has simply been doing it for generations so even if it wasn't a common topic of discussion per se, it was enough of a presence in my life that it was just a natural part of reaching adulthood (after getting a job good enough to not have me living paycheck to paycheck). I was gifted a small pile of IBM shares by a grandparent when I graduated college, so having some sort of investment, even a small one I rarely thought of, was always there. (I sold them to cover a big chunk of my student loans, which I regret in retrospect since that shit had like a 50 year cost basis and wasn't an inheritance soooo, tax.)

orcassharks

lol IBM

DistrictObjective680

Henry Ford delusionally thought he could build utopian capitalist towns. Had an entire department that investigated employees personal lives. Howard Hughes. John McAfee. Samuel Insull. Utilities empire in the early 1900s. Steve Jobs. Abusive psycho. Ended up dying from easily treatable cancer because he thought he knew better than medical science. Robert Maxwell. Mirror Group. Psychopathic robber. Thomas J Watson, IBM: Cult-like behaviour. Built a cult around himself, enforced company songs, strict dress code. Larry Ellison, Oracle.

turribledood

"consumer spending" were your words in the context of Anthropic's business model/sales/profitability. I'm sorry you chose the wrong words if that's what you meant, but absolutely no one would ever say that Cisco or IBM or Kerberos or AWS were reliant on "consumer spending" to make or break their business, as you said verbatim about Anthropic. That's just not what those words mean, sorry.

ToxiFrog

whats going on with IBM!??

Photochromism

It’s dead. Apple is the new IBM. Coasting off their past inventions, late to everything, no vision did what is next. Couldn’t even ship an AI.

Gunk_Olgidar

You want to set the wayback machine for 24months and invest in quantum-entangled secure communication. IONQ, QUBT, CSCO and IBM all have programs. Chinese already have these systems in orbit. Not sure about EU and US.

iSOBigD

Yeah that works fine until it's down 10-25% in a day like IBM, reddit and many other companies lately including Apple. No stock is safe. It's also not safe if you use margin and suddenly your max is 50% lower cause of random news, a new war or just algos fucking with the market.

joeydimaggio

They didn’t own the government in the 90s, maybe IBM got its tentacles into the government but it was nothing like now

AgitatorSupreme

What about QBTS? That always moves more than RGTI.   If your thesis is based on general quantum computer related info then IBM would be worth considering since they are deep in the QC world and now that the stock is at clearance price range…

dz4505

If you held stuff from 1990s through the crash, you’re not likely to be holding any of the hyperscaler and likely be holding stuff like IBM, GE, etc.

LectureForsaken6782

Im not saying i have near enough insight to pick winners and losers, I just used IBM as an example to illustrate my point The interest i have in quantum is really only in potential picks and shovels as I have NO idea what quantum computing will eventually look like

FreeLunchCoin

Fair point. Still feels too high, and doesn’t feels as defensible as IBM’s mainframe biz, although I get the comparison.

InfamousMoonPony

They exist for the same reason Oracle exists when Postgresql is around. Enterprise customers (in this case, lawyers) have standardized on docusign as their trusted signature platform, and they're not going to switch over to some random other standard. The documents they sign need to withstand court battles, and courts are notoriously conservative about technology. For a long time (meaning literally up to a few years ago), the most technologically advanced thing they'd accept was a signed fax, and even that was viewed suspiciously (really important stuff was courier'ed or fedex'ed for original signatures). Yes, the technology is easy. It was easy when DocuSign was started (i've been pgp signing stuff like email for decades). But the legal industry and other enterprise industries aren't moving off DocuSign to save a few bucks on a subscription fee on contracts that move millions of dollars and need to withstand court battles perhaps decades from now. That said, I agree it's a mature industry, and, just like Oracle (before its move into AI infrastructure), and IBM's mainframe business, they will milk their cash cow until the Sun dies but probably won't be expanding much.

visionarymind

I’m hangry & going to forage for food But I think I’ll strongly consider IBM🔵 for August expiration because there’s a path to $255, & perhaps higher imo Very upset I was too aggressive in my GOOGL🅰️ℹ️ !banbet because not only did $346 hit (exited my underwater ER position) less than 12 hours later, it topped out above $358 🍆🫟 Cya later 🐊🐊🐊👋

AlpacaDream7

IBM for next week

Own-Recipe5908

I wish I bought more IBM on the dump. Thought I'd be able to buy more lower. Oh well.

iSOBigD

What about all the semi and memory companies and their stocks which crashed on no news and didn't go up after tons of good news and earnings? I'd love for reddit to go up, but seeing how algos crash stocks in seconds doesn't make me feel confident they'll immediately recover. Apple also crashed 10%, IBM 25%, they're not all necessarily recovering soon or ever.

Sea_Local2557

nice, i bought into the the IBM crush which was similar

Advanced-Ad8492

I grew up in New England. I'm old enough to remember secretary's at  IBM in Vermont becoming rich from their stock options. None of us had ever heard of such a thing and we wondered if it was really true. 

Valkyrie_Skuld

Oooo that’s good. Costco or IBM. Something lame, reliable, resilient and not totally corrupt.

SanDisk_Made_Me_Rich

IBM CEO: Doesn't expect high memory prices to go away... maybe 2 years

Bakermonster

I too work at FAANG. Quoting myself: “I’m not saying IBM has the relevancy it had in the 20th century- it doesn’t.” In other words: I see it more as a direct comp to the likes of Oracle or SAP than I do FAANG. At the same time, OSS support, whether directly via something like RedHat or indirectly via IaaS that uses OSS at its core, does have its similarities. Let’s not forget just how much revenue Microsoft makes from LTSBs of Windows Server and SQL Server. Not exactly innovating there, and it’s a significant source of revenue.

Milanman3838

To add, specifically IBM has had a moat on maintaining and consulting on it's infrastructure, because obviously it's their infrastructure or legacy product. There's been some indication in earnings reports and news that AI is able to crack that moat and you may not need to go direct to IBM. Think it was a small decline in that segment, but spooked the hell out of investors. Also it's software solutions are good but not necessarily the best of the best, right

HighOnGoofballs

What is the growth case for IBM?

SnS2500

\> but considering pretty much all tech (bar meta, lol) is rebounding No, look at this visual: [https://finviz.com/map?t=sec](https://finviz.com/map?t=sec) Every one of the ten stocks in IBM's SP500 "information technology services category is down today. In fact, IBM is doing the best of the ten. Much better than most. Also, CRM, NOW, ADBE and INTU are all down much more, over 5%. AAPL is down slightly more too. Today is basically the same software/hardware performance split we've seen for months, with IBM mostly performing with the software stocks.

MasterOfNothing-76

What about IBM

cazzipropri

The market does not believe that IBM can act competitively in the AI space.

greytoc

Why do you think that IBM is failing? Their last earnings report shows that they are profitable and they continue to pay a reasonable dividend. I think you are confusing future expected growth which is being reflected in the stock price. Zoom out a bit - IBM stock is up 64% in the past 5 years.

Own-Jeweler3169

bot deleted my comment, think it was because I referenced D duck: I mean it was like 300-315 last month, I was like 50% up, so on the crash I loaded up, pretty sizeable position now, hoping for another rally. Just need duck man to throw money at them again. IBM is an institution, US won't let it fail, just as their other home grown companies.

Own-Jeweler3169

I mean it was like 300-315 last month, I was like 50% up, so on the crash I loaded up, pretty sizeable position now, hoping for another rally. Just need orange man to throw money at them again. IBM is an institution, US won't let it fail, just as their other home grown companies.

Particular-Wedding

IBM had a catastrophic plunge a few weeks ago. Shares fell by over $73 in a single session, marking the worst percentage decline since trading began in 1968 and surpassing even its 23.7% loss during Black Monday in 1987. It was the largest single-day stock plunge in its 115-year history on July 14, 2026, dropping 25.2% to close at $217.07 and erasing roughly $69 billion in market value. The historic drop was triggered by a surprise preliminary Q2 earnings warning and CEO Arvind Krishna admitting the company misjudged the tech spending shift towards AI. Tldr IBM went all in on the cloud abd saas. They dumped chips, hardware, and memory decades ago. Now that those areas are making a comeback they painted themselves into a corner. Maybe they'll get the Intel bailout treatment. Perhaps not.

Particular-Wedding

IBM is the boomer out of frame asking what is AI.

Full_Pear449

Sorry didn't mean to be an asshole. The recent rise and subsequent fall of certain IPO's is an phenominal study in sheer stupidity, greed, no understanding on IPO Dynamics, Lemmings walking off the cliff and OH did I say STUPIDITY. You never ever buy an IPO on initial opens or for that matter 90days. SPCX, CXMT, SKHY, we all over hype amd under-researched. SPCX said- it will be 5 years or so before we are profitable, Q1 report on 8-4,,,, expected is rev of $6.9Bln. Loss of $4.28bln,,,,for 2025 expected loss of $4.9bln. and little known fact Muck owns 92% of Class "B" stock and in this instance Class B's have voting rights. SO , Claas B holders get 10m votes for every share they own. In essennce Musk in any company vote has enough votes to never lose. YTD STOCK DOWN 30%. If you are going to play this stock the only way I am involved is thru the ETF's and trust me I am own 3 and am up on average 53%. SPCX outright now $115 , short ETF's betwee $20-$30. SKHY @ $132 comparitively speaking long or short ETF's are dirt cheap. You Thesis is correct and wrong all at once. Right in the ETF existence for years. Wrong in the assumption the IPO's have been around for years. AAPU vs SKHK Apple has a track record to trade on HYNIK the ink is not dry on the IPO yet. Also, HERD mentality and it's momentum. Example- a chip company wakes up this morning and says it doesn't feel good ate/drank tooooo much last night. All of a sudden the entire Chip sector goes to hell in a hand basket. The other day IBM had such not good news to disperse so the HERD beat the crap out of it. Did they over react , YES, so I went out and loaded up on IBX,it's currently up 20% for me. I traded for 25 yrs at the #1 Primary dealer in the World. Traded on the Fixed Income Prop desk as well as the Risk Arb desk. Retired in 2010 after those 25yrs at the ripe old age of 45. A person i may or maynot know is Nancy Davis. Read or listen to her podcsat from "How I Invest with David Weisburd". You can get it by just typing in "**E189: Inside the Goldman Sachs Prop Desk: Lessons from a Top Trader w/Nancy Davis."**

ImNotHere2023

RedHat is a giant slice of that, and you're mostly paying for the support, given it's still Linux. Having worked in software for 20 years, across both FAANGs and non-pure-tech companies, and nobody talks about IBM as a leader or setting the trend in tech. They've been an "also ran" for 20+ years so I don't think they're an accurate comparison for companies that are still incredibly profitable and pouring those profits into innovation.

Bakermonster

Software was \~45% of IBM’s revenue in 2025, their single biggest line item. Saying that most of that revenue is BS due to open source doesn’t work when the core business of the hyperscalers is VM based compute, and both AWS and GCP use KVM as their hypervisor and all three have a majority of VM hours using Linux as the Guest OS. Not to mention DBaaS revenue from MySQL or Postgres, kubernetes services, etc. I’m not saying IBM has the relevancy now that it did in the 20th century- it doesn’t. Simply stating that it is very much a tech company, albeit one that does get a big part of its revenue by acting as a systems integrator.

Alwaysfavoriteasian

BE, CRDO, AMZN, IBM, RDDT, SPCX, NBIS, maybe OKLO.

taconomtaco

yall notice how well stocks seem to recover after earnings? NOW, GOOGL, IBM, NFLX all green/barely red

jxyscale

AMD, IBM, GOOG and maybe INTC

Molten-Helldiver

Talks about IBM, it tanks morning after

kail904

Fullport IBM call 250$

davidbigham

My boomer stock IBM holding up pretty good today

Itchy_Pudding_9940

trickle buying AMD and DELL.. IBM.. heavily beaten down tech. long on GOOG and BAC. FANG and VLO on dips. buying QQQ in blocks.. it's 9 or 10% from all time high and historically always goes back to ATH so a pretty safe bet

EffortAcrobatic1322

"Technology leaders eventually attract competitors." History is full of examples: Intel dominated CPUs. Then AMD came back. Nokia dominated phones. Then Apple. IBM dominated enterprise computing. Then Microsoft, Amazon, Google. Being first doesn't guarantee being first forever.

mighty_sys_admin

Whole port is red. IBM is nearly green, it's the only one

AndItsThetaAgain

Money talks and bullshit walks. IBM said 6 of 10 deals never materialized. They’re literally telling you

Low-Dot9712

I own it but copilot does scare me as it is so inferior. I am afraid it will to impact Azure growth. Is MSFT now the 1990 IBM? Is copilot bing?

-sakuranbo

if TI continued making processors instead of becoming "timer chip: the company", we wouldn't have to care about asia at all that + the AIM alliance never breaking down (the last PowerPC Macs used processors entirely manufactured by IBM in America)

EducateMy

IBM is behaving like a meme coin rn. Any good news brings the stock price up to 300, and any bad news seems to bring it down to 200. I dont believe in the company's future, I don't even know what they actually do in details, but I have been buying after every bad news and selling after the good news. It is illogical and stupid. But I managed to quadruple my investment for the past year. I am planning to do the same until the sequence breaks.

HelloWorldComputing

Hodl IBM

poozyfloor

IBM did that recently

lapideous

My sandisk and IBM aren't doing real great either recently. I assume once people get shaken out we should be back up since it doesn't appear like the market movements are based on real news or numbers, but again maybe cope

horesebeblind

Eastman Kodak and Polaroid were part of the “Nifty 50” of the late 1960s. Xerox, JC Penny several others also failed. Coca Cola, JNJ, Pepsi, American Express and IBM still around. Many more. My guess is most of Mag 7 will be around in some form

usugarbage

GOOG yes, IBM no.

XBronx1

IBM after a clear a-b-c correction down to 199.19 wherein c down was slightly longer than a down but the rebound shows a bottom was made

Alwaysfavoriteasian

Think imma buy some BE, Amzn, IBM, and rddt.

Ok-Adeptness-5834

\>90% of stocks have negative or zero returns. Most of the stock market returns are driven by a handful of companies. It the past decade, it was the Apple and Googles. In the past, it was companies like IBM and Coca Cola. This is why you need to invest in index funds. Cause you’re almost certainly just picking at random, and chances are you’re picking the wrong ones.

FalseDiamond7930

Only way I see Google and Amazon not making it is if they are forced to breakup. I could see Microsoft becoming more like IBM and widows becoming legacy software but even that is wild. Apple and Meta I could see losing a lot of relevance if they don't reinvent themselves.

moreton989

Why IBM?

horesebeblind

I didn’t say he avoided them. I said his history was he did not invest in them. Going back thru history, IBM was his only real tech stock, prior to AAPL, and now GOOGL. He made his chops in Banking, Insurance, Coca Cola, Wells Fargo among his huge holdings. He used to say he didn’t understand tech stocks. But I am sure he was being self deprecating : Here is his top 10 holdings in 1992 and if you know Buffett well, this would be fairly stable over time. **COMPANY** **MARKET VALUE OF BRK'S HOLDINGS** **Coca-Cola** $3,911,150,000 **GEICO** $2,226,250,000 **Capital Cities/ABC, Inc.** $1,523,500,000 **The Gillette Company** $1,365,000,000 **Freddie Mac** $783,515,000 **Wells Fargo** $485,624,000 **General Dynamics** $450,769,000 **Washington Post** $396,954,000 **Guinness PLC** $299,581,000

kingoftheoneliners

IBM to everybody ..… 🖕

Actual_Difference617

IBM said it missed because hyperscalers were rushing in to buy memory, storage etc and big deals were delayed for cloud but Iooking at SKHY I don’t think that was the case.

UnnecessaryPancake

If IBM gets back up to 300 I will buy an ibm hat.

ImNotHere2023

IBM hasn't really been a tech company since the 1990's - it was around that time that they made a hard pivot from hardware & software to becoming a "services" company - i.e. consulting and out-sourcing. They've tried to get back into the game in the past decade by acquiring RedHat and HashiCorp but both of those are open source stacks, so they don't really have a proprietary edge and are still selling services/support.

maicii

I think we could argue IBM was no? They had have bad returns compared to to an broad market index. At the end of the day you always compare to a benchmark.

maicii

IBM is a tech company… I literally choose them specifically to make the point that even if there was a company that was the greatest in the greatest sector for over 2 decades it still does not mean you are gonna have decent returns….

ImNotHere2023

Congrats, you've correctly identified that not all companies thrive indefinitely. IBM was a top company from the 1920's or 1930's all the way until the late 1990's or early 2000's - that's a pretty good run.  Looking at some of the other largest companies in 1990, like Exxon, Shell, GM and Ford, it's clear that the change was a massive sector rotation. While that could absolutely happen to tech, at the moment, many of the same companies are leading the way in what appears to be the next major trend.

davidbigham

My only winner is actually boomer IBM today. I bought the dip 🤷‍♂️

IronyElSupremo

They may or may not. IBM was the top stock from 1967 to 1993 except for a few years. It’s still #24 in a tech sector index fund (MSCI index), but competition overtook it. At least it’s still in there fighting. Former retail giant Sears-Roebuck was the 700-lb gorilla in retail during the 1970s and 1980s (in fact decades before that) .. until it wasn’t due to competition and some ill-planned expansions. “Tech” will be a very important sector in the future (it heralds much of the future in fact) but success breeds competition. There’s also the threat of govt over-regulation (or just regulation).

AlreadyInDenial

And what if you continued into the AI boom and counted until current day for IBM? Seems kinda arbitrary to cut off IBM at 2023 rather than 2026

maicii

Being relevant≠good investments tho. Take IBM for example, #2 company in the 1990 and #1 or close for most of the 70/80s. In 1999 they were #6 in the world. By all accounts a clear mag 7 of the time and for decades arguably THE tech company. If you had invest in them in 1 January 1999 you would have been +157% (if you go pre IA boom and only count up to 2023 is closer to a sad +50%, ajustado por inflación estas -20%) in the same time sp500 is +897%. Of course IBM did not stop existing, but you money kinda did. Same thing for a lot of the other companies

hylian_prince

Wow look at that IBM recovery 

Ordinary_Pen_5605

Why dont you guys calm down? I am an old, old portfolio manager (starting to work in 1987 on the trading floor). So I have some experience with situations like we have had the last days. That happened to me maybe 20 or 30 times. I retired ten years ago. But still love the markets and invest. I sold my memory stocks during the last eight weeks. Mostly a few days to early, but I kept the cash until today respectively jumped on catastrophies like IBM, SAP and so on. (I will make nice money on it). Today was the day, I started to buyback Micron, SK Hynix and ASML. If I am to early, I will double the position within the next days. SK numbers coming, FED coming, Microsoft coming. A lot of less experienced investors are in panic and sold yesterday and today. Seems to be a good time to buy. By the way, I am not a bull, nor a bear. That changes usually three or four times a year. With a bit more discipline and without that stupid "all-in" chatter you can build up a nice portfolio. On the long run. Not within some weeks or months. That is about impossible. Best Regards from an Europoor, who actually isn´t that poor.

mighty_sys_admin

IBM is unstoppable

korg64

IBM flash sale with dividends.

ekjohnson9

Youre 100% right. IBM is def still on top since the 80s, right?

mighty_sys_admin

Yes yes, I am an IBM investor :)

Additional-Season207

ACN. Somehow caught it at $138 a few days ago. I waffled between ACN and IBM and went ACN. One of those accidentally high dividend situation like TGT and UPS from a while ago.

johnmiddle

IBM??

EducateMy

GOOG and IBM from the top of my head. They will both hit 400 and 300 respectively. GOOG is the safer option. For IBM, it seems to overreact to any good news.

EducateMy

IBM and GOOG from the top of my head. Goog will def hit 400 by eoy and the IBM will hit 300 by next trump mention, that is like 30% and 40% earning.

bearhunter429

#So far every "big tech" stock crashed after releasing earnings even if they beat and raise guidance such as Intel, Netflix, Google, IBM and Tesla. Any tech company that reports earnings will dump no matter what. LMAO🤌

Mundane-Dirt-4077

Glad l didnt sell IBM I trust Chinese memory but not Chinese spyware. Murica for software.

visionarymind

IBM🔵 faceripping, wtaf

Juic3-d

IBM Honorable Mention?!

Particular_Rice9607

IBM is your V bro

Sheshkish

whats wrong with IBM????????????

Beerplz94

IBM is the hidden gem today

Spac55

Can $WDAY $ISRG $IBM make revenue like $MU $42 Billion per quarter?

InitiativeGlum2507

When all is said and done, I see IBM @ 120

Trade-Architect

IBM from downtown?

CarChaosCentral

You mean classic blue chips like IBM that can dump 25% in a day?

Pharmacologist72

IBM went down 25% cause no one is buying software and instead buying ai related hardware. Google will have negative free cash flow cause they are spending so much. MU is one of the cheapest stocks in SPY. This is insane.

poozyfloor

Oh IBM green. Guess they’ve been beat up enough.

Photochromism

That’s stupid way of saying Apple is so far behind in AI they’re now claiming to be a hedge against AI. They’re not. They are a dinosaur equivalent to IBM