IBM

tmssqtch

IBM

Nefarious_AI_Agent

IBM is my new god

Full_Pear449

Born 1961. In 2000, the desk I traded on bought an IBM AS/400 ( used) for a very reasonable price. We paid for the shipping and installation on the 12th floor of our firm's building. Out of the desk's budget, 3 programmers were hired, and all maintenance cost was split between our budget and the firm. Our company supplied space, cooling, electricity etc. My Dad was on the original team that developed Fortran. You're out of your league

Full_Pear449

If you don't have IBM as the computer giant, you would never know about Seymour Cray and Bill Norris(ERA) or Sperry or UNIVAC. But I know you are a smart guy and can follow the bouncing ball expertly.

No-Detail-2879

IBM is dog water what’s your point exactly?

Full_Pear449

Do you remember when supercomputers were first born? In the early '50s IBM introduced NORC, the Control Data , then Cray Research; all introductions were met with scorn and disdain. IBM introduced the ThinkPad, something no one needed or wanted. Either get on board or step aside.

Juic3-d

Probably gonna FAFO with IBM

BNA-mod

TSM and ASML all day everyday. All they do is collect profits from chip biz. Nobody gets chips without these two. GOOGL is a value buy at this price. PE ~28? Forget about it. Thank me in 24 months when it’s 🚀 SOFI was better last week but I do think it will continue to rise back into the mid 20’s. LLY under $1020 will pay well as an investment. Bought the unreasonable dip in APP. This will be $700-750 by EOY. On fundamentals, you should buy PICS. Corporate buyers are going to buy every dip because it’s basically PayPal for So. America. $25 near term and $60 within 2-3 years. PDI for the dividends. IBM under $300 is a given.

Rush_Is_Right

>Pasqal is a leader in the industrialization of neutral-atom quantum computing, transforming Nobel Prize-winning research into real-world solutions for industry, science, and governments. Since its founding in 2019, Pasqal has built high-performance quantum systems and cloud-ready software designed to address complex challenges in optimization, simulation, and artificial intelligence. Pasqal, headquartered in France, employs over 275 people and serves over 25 clients, including CMA CGM, OVHcloud, Thales, IBM (Pasqal is part of the IBM Quantum Network), Nvidia, and Sumitomo. Backed by more than $300 million in total funding from leading international investors, Pasqal is accelerating the adoption of scalable, high-performance quantum computing worldwide. From listing track

joepierson123

IBM and GE were tech and they were into everything too.

Acoma1977

bought IBM at $227 and Paypal at $40 recently

jpvestor

IBM

MoaiTrist

Maybe you should research the history of IBM.

Kyrptix

First time in forever that my calls were green. Thanks U and IBM

ktaktb

Power law explains IBM, Exxon, and GE as well. Heck, also the East India Company.  Mag7 are the in peak phase if you want to be honest with yourself about history and the scale of history.  If we expect history to rhyme, the ONLY certainty is that even the Mag7 fade from relevance. Lucky the sp500 and other broad index solutions have handled this type of churn several times before. Scary bit is the nation churn, which is also a historical constant, and this suggests that eventually even the sp500 wont keep your investments safe. Oh well

jda823

They want you to buy IBM and Coca-Cola?

wa_ga_du_gu

I thought they renamed it to Lenovo? It's now Chinese IBM?

RKO_Films

Bro. Nvidia isn't the only one who can make ASICs that can compute tensors. Go back on time and tell me how nobody's going to take IBM's market share, or how AMD can't compete against Intel. Bubbles pop. The dot com bubble burst. That doesn't mean the internet revolution wasn't real.

shunted22

Yeah just like IBM

ZilxDagero

Its inter continental buissness machine, IBM's international branch.

TurnUpThe4D3D3D3

Markets tanked after the Supreme Court struck down Trump's April tariffs, so he immediately announced new 15% global duties (up from 10% announced literally a day earlier). The EU is freezing trade deals in response, creating massive uncertainty. Also, AI disruption fears are hammering software stocks—IBM plunged 13% on worries about Anthropic's new tech, and other names like Datadog and CrowdStrike got smoked. Dow dropped 800+ points Monday. Gold and silver surged as investors fled to safety. Classic volatility while the trade war situation sorts itself out. --- *^(This comment was generated by moonshotai/kimi-k2.5)*

aaron_dresden

The reason for its drop is a real risk that undermines the future value of IBM as a company that heavily relies on sustaining its legacy systems.

Loeki2018

Picked up IBM @229.55 last week. Not sure on 240 as the rebound already happened. It might stay there for a while. Not financial advice

BB448

what do you think of IBM right now? Think its a decent pickup atm at 240, or should wait till during/after monday to see how it goes. Reason being its basically at its lowest in the past year and can see it rebounding fs. Im prettty new to stocks tho js getting into it so would appreciate any advice. Thanks!

Sablus

I mean heck they still use human drivers for a lot of “AI” automobiles to negotiate obstacles and issues. Similarly ChatGPT Health just got in trouble for having issues not diagnosing patient issues from an ED setting that were easily found by residents (junior physicians). We still do not have a coherent or stable use case for AI nor the productivity to justify this expansion. I feel this infrastructure push is due to the fear of companies being caught with their proverbial pants down once a true use case is discovered cuss no one wants to be the next Blackberry or IBM and misread a possible future market.

Top-Albatross-5295

They're competing against Google, IBM, Intel, and Nvidia... all of which have their own quantum chips and more money than they know what to do with.

jobohomeskillet

Someone is an IBM bag holder

sysphus_

If history has taught us one thing it is that if you can make enough money from war to survive a couple of decades, it won't matter how many deaths you have contributed to. Ford motors, IBM, Mercedes, JP Morgan, I mean the list is endless. Anthropic just doesn't have a reward piece big enough as it can't see long term contracts in sight to take such huge risks. Especially if 2028 brings in an administration which will crush them for doing business with Trump.

Gladiz1972

I just sell cheap options CSP as in cash secured puts on stocks I don't mind owning all 7 look like they are going to expire worthless in the next 50 minutes or so Intc 45 puts are the only ones even close Mcd,Brk.B ,IBM etc The OP should be buying McDonald's stock instead of having to work there flipping burgers 🤔

Salt-Cap-9304

And IBM is more secure, their processes meet GDPR, governance and compliance, does Anthropic?

SuggamadexRocuronium

IBM calls free money

AssultLoneWolf

People probably thought the same thing in the 80s when IBM was worth 100 billion. The idea that a company could be worth trillions was probably unfathomable. Back then you could retire off a million dollars. Right now you need a few million. And in 40 years you'll probably need 10 plus million or more.

stickybond009

When it comes to tech the lucky 7 Giants are unbeatable for at least a decade more. The next not so Giant 7s could be our next bet (adobe, oracle, IBM, etc)

allllusernamestaken

bro how did IBM go from putting out groundbreaking research to an irrelevant body shop?

Hairy_Aardvark7755

IBM once was at the same position at PLTR.... IBM then sold its OS and Hardware for cheap and couldn't really keep up with the market. Then they just turned into buying companies/startups to inject new bloods. I think PLTR will props do the same at some point. They also got contracts with foreign governments.

wrongrobertpatrick

IBM, DASH and NFLX holding the port together https://preview.redd.it/u2x8td3jpvlg1.jpeg?width=1320&format=pjpg&auto=webp&s=34256c2c55d8240e4b861371ea8c5159da8f202e

SeaofCrags

Yeah I understand them losing their niche being a problem, but IBM explicitly have set up tools, were developing further tools via Watson, and announced in their earnings report that they were doing this, so that Cobol could be converted to Java, which is far more accessible and not an IBM language. The point I'm making is that if Cobol programming was important to their business, they wouldn't be actively setting up a way for it to be removed or replaced. Cobol as a language isn't important overall to IBM, the consulting on the language is like 1-2% of their business, but managing the systems and infrastructure is where the value lay. The only thing that happened is Anthropic have accelerated the process - but why would IBM care about that if they were already not married to Cobol anymore. It maybe appears the market have somewhat concluded this also, climbing back to the near same price as when the Anthropic announcement was made.

LostAbbott

Quantum is still nothing but smoke and mirrors.  A small firm has little chance of actually making it happen over players like IBM or Microsoft.  All of the pure Quantum plays are nothing but marketing hype.  Similar to the fusion guys on the nuke space.  It simply isn't worth putting your money there until something more legitimate happens.. 

marie_carroll12

The real question isn’t whether LLMs can code — it’s whether IBM captures margin from enterprise AI spend or gets disintermediated. That’s the bet.

Smongk

IBM comeback just started

billyb26

Closed out my IBM position and I’ll be going cash until the next big oversell

wrongrobertpatrick

DASH and IBM holding

billyb26

IBM is in orbit, while you’re bag holding your nvidia calls

billyb26

IBM has been free money since it bottomed out

GainsCity_wsb

!banbet IBM 350 4/17 It's a bulltrain. It's THE BOULLLLLLTRAIN

ComfortableNo5231

If you don’t have extreme confidence in IBM being at a specific price by a specific time, go for in the money options that expire in 1 year+ Even safer would be to do a spread instead of buying a naked call.

giselle_stroman

13% drop on “LLMs can code” is peak market overreaction. IBM has been selling enterprise AI longer than most of these LLM startups existed. Bold move. Respect.

_ram_ok

It’s very simple, Anthropic employees have realised that AI news spooks the market now. So they short IBM stock and announce their shitty COBOL “tool”. Its market manipulation

prestodigitarium

What do you mean? A strong competitor coming into their cozy little niche makes their cozy niche not so cozy. It’s like you have a snake, and a mongoose is coming for it, suddenly you’re not so confident in that snake’s long term future. A lot of people who would’ve paid IBM are going to pay Anthropic instead. And presumably, Anthropic’s coming for their other cash cows. I guess maybe I’m not understanding your question? It seems pretty clear to me why that makes IBM less interesting to own?

Wide_Open_Buttcheeks

Bought IBM and MSFT at the low and looking good so far Wondering how long this climb will last though

SeaofCrags

So why does that have anything to do with Cobol conversion? The market niche people are claiming IBM have (Cobol programming), was already being offered up to be removed by IBM themselves, just now people can use Claude instead of already available IBM tools, and Watson in the next 2-3 months...

SeaofCrags

Converting Cobol to Java doesn't mean they retain a market niche. Neither does using tools to do the conversion. You can literally go online right now and take the Cobol to Java IBM tool and do it, its just less polished than if it were in an LLM.

gizamo

Is IBM in it. Boom, roasted.

falsejaguar

IBM? Like from the 1980s before IBM compatibles lol?

gatovision

I still think this whole thing is madness, even compared to the .com. I just dont see how Software companies can keep spending and doubling down on this when their stocks are getting wrecked. MSFT, ORCL, ADBE, IBM, CRM, INTU, etc, plenty others are really looking bad. So where will the $$ come from? LLMs will be a race to the bottom, and are getting more efficient and need less hardware. I keep thinking were getting close to peak rev but here we are, still going up.

Apex-Editor

You ask about cost basis and get mad when it's IBM from the 60s.

Gom_KBull

Bought 3x IBM Aug 21 2026 310 Call @ $5.60

Crazy_Donkies

You stooopid?   https://newsroom.ibm.com/2026-01-28-IBM-RELEASES-FOURTH-QUARTER-RESULTS#:~:text=Software%20%E2%80%94%20revenues%20of%20$9.0%20billion,3%20percent%20at%20constant%20currency

Scared-Signature-452

IBM is not software

Swisscoinz

Who else bought the dip? IBM is a steal at this price. Go on, buy the fomo stocks if you must

Scared-Signature-452

Whoever sold IBM on Friday / Monday is dumb as fuck

Kanakarhu

IBM published AI that can do COBOL modernization years ago... interesting that market reacts to re-release of a product that has existed for many years.

billyb26

That IBM dump was such an easy buy

Competitive_Goal7735

There are a lot of companies I will take a short position on before IBM. Actually see it as a buy right now.

lalyt93

Claude just requested 50,000 h100’s so they can replace IBM’s service division

Nefarious_AI_Agent

IBM sell off was the bottom, how retarded was that

Puzzleheaded-Sun6987

No matter how hard it is to replace COBOL...IBM can only milk those same old cows, no new source of revenue. Clown tried to reposition themselves as AI governance company, but look at how many research papers they published on AI governance? Even their existing AI Gov tools are lacking in many areas. Stock price going back to $100 range soon.

JJpawz

I give it 6 months before IBM is back and expanding to fix the errors in the AI generated code

Happy-Champion1661

they are quite expensive for IBM

whatsgoingonhonestly

IBM leaps are kinda cheap as hell for April

whatsgoingonhonestly

I'm thinking IBM leaps

GainsCity_wsb

Already sitting on IBM 350 4/17, looking to grab 325s also after this drop. I need 50 contracts. Shit I need to more chips.

stockist420

The funniest part I find is when people scream "everything is priced in". If that were true a report like this would make zero impact, IBM would not drop 13% because of claude can understand COBOL a bit better, only to go up the very next day. Prices move because of people's reaction to news and speculations, fear is the strongest emotion that generally brings about a reaction even in seasoned professionals. I think this report is the first of MANY about to come. All one needs is few friends in media who will bump up a blog, some article, someone's musings.

LHeureux

Competition, market share grab, not having to rely on IBM, not getting price gouged. Like basic economic reason as to why IBM might lose value and market share to Claude

papuniu

seems to be a good time to buy IBM calls

Stocks_N_Bondage

The funny thing is IBM had one of the first AIs with Watson, but I'm guessing they could not figure out how to market or integrate it. Similarly Apple did SIRI but then just stagnated.

Toothlesskinch

Can someone who actually knows space tell me how real a threat anthropic is to IBM? Based on the absolutely massive scale of the data they handle and a.task.specific AI thats been in development for 20 years it kinda feels like a panic sell.

zedmaxx

So what I’m hearing is calls Seriously tho, I worked at IBM 20 years ago and people were trying to move then. They still make billions on mainframes.

the_infamous_walrus

IBM is a leader in quantum computing. That’s their play. They are not some lagging company. They know the writing on the wall and will lead alongside google the quantum computer infrastructure build out for society.

Captain-Obvious101

Isn't IBM the leader in quantum technology? I feel like this could be a long term buy.

Overall-Fold-9720

Buy IBM now. This shit will go back after it's leaked that Anthropic lied. Again.

Equivalent-Coat-7605

IBM at 20 P/E had to snap up a few shares

fishboy3339

Na I think it’s overreacting. The bread and butter of finance running Z isn’t stuck it’s where they want to be. It’s these old government systems that need to migrate off old hardware that IBM doesn’t really want to support anymore anyway. The core customers that bring in the real money are staying until there is a real reason to go.

wrongrobertpatrick

Anyone buying the IBM dip?

JanitorOPplznerf

Lol IBM is closing off a major branch and laying off a bunch of Senior Devs familiar with the code base and trying to save costs by hiring Indian Developers hoping AI can cover the difference. Like no shade to Indian Devs, but this was a decision 100% made by people who don’t work in production. Their progress will be stalled for years. I’m not saying they’re gonna go under from this, maybe you’re willing to hold for 5 years while they sort this shit out. But this is not an ‘all in on IBM time’.

PeacockMamba

IF this is true the bubble will happen soon.. IBM is in hiring mode. IYKYK

shankarun

IBM will be dead in 2 years - save this comment!!

Teembeau

"So I’m trying to figure out… is the market overreacting to an AI headline, or is this actually the beginning of something bigger?" Overreacting. "On one hand, big enterprises don’t just rip out infrastructure overnight. Banks and governments move slowly. On the other hand, if AI suddenly makes migration cheaper and faster, that chips away at the “no one wants to touch this” moat IBM has benefited from for decades." Do you know what COBOL stands for? It stands for **Common Business-Oriented Language**. The language is platform independent, with files and other resources assigned externally. I have worked on projects that moved hundreds of reports from IBM AS/400 to Windows without changing a single line of code. What had to be changed was the external environment that assigned files and set parameters. If you want to take your code and move it to Linux, you can. In terms of migrating to another platform like .net with C#, where you would have to reverse engineer back to a specification, no-one is going to use Claude Code to do that with critical code. I'm also going to take issue with this thing that Claude say which may not be technically a lie, but is dishonest:- **Meanwhile, we aren't exactly minting replacements—COBOL is taught at only a handful of universities, and finding engineers who can read it gets harder every quarter.** First of all, it may be true that COBOL is only taught at a handful of universities, but that is not the only place to learn COBOL. There are books, courses and so forth. If you know any other language, you can learn COBOL in a month. The data side of things are weird, the syntax is verbose, but it is a programming language with statements, decisions and loops. COBOL people are not driving Lamborghinis. Rates are about the same as anything else. Most of the maintenance of these systems is done in India where it's cheaper. The problem is that I generally don't like IBM's price.

buenotc

Shhhhit. I just remembered I still own IBM. I've owned it for about a decade. Oh well..... I'll keep diamond 💎 handings it.

The_bruce42

Didn't trump have the government invest in IBM last year? Must be coincidence that a business involved with trump isn't doing well. /s

gregallen1989

IBM has been going down in price for a couple of years now so it might be a good quick play but sell as soon as you get your profit cause its not skyrocketing.

Own-Mountain3540

Lost most of my port last year. Made 10% back of what was left with IBM today. I'm definitely not getting addicted again this time around xdd

AlteredCabron2

what IBM do anyway?

MBBIBM

And even if they do they’ll be using IBM consultants for the migration

EscortSportage

I’ve been buying the dip, i remember watching IBM cross 300 a share and having FOMO

version-two

Why did it fall? Honest question. 30% dump is something with a name the size of IBM. Even if they’re run like shit. Do you believe the dump is just getting started? Why?

version-two

IBM leaps now too right? This dip is a joke. Also, you should sprinkle in APLD and NBIS shares/calls imo.

No_Feeling920

I'm talking about the German BaFin. They are concerned about orderly and transparently operated financial markets, fast resolution of production incidents, minimum customer impact, 99%+ uptime, proper post-mortem analysis and preventative measures against the same issues repeating in the future. That sort of things (and many others, I bet, not directly concerning developers and operations). Having top tier vendor support for the hardware, OS and third party components is a must in that context. Though I doubt IBM would drop Mainframe/Z support, for as long as it is a profitable business for them. When HP dropped OpenVMS and Intel dropped Itanium, it was likely because the business was getting unprofitable or not profitable enough for all the corporate complexity/management hassle.

Mnerdy

Am surprised that not only is $IBM still alive but still above $200? It should not be more than $10! Next AI doom will be Salesforce!

PM_ME_ROMAN_NUDES

Not Indian, but I know from first hand experience that IBM Brazil and Latam pays really bad and overworks everyone