IBM

Ok-Adeptness-5834

Apple is still barely investing in AI. Major companies miss the boat all the time. Look at where IBM is now. And Microsoft and Amazon both missed the smart phone boat. Google missed the social media boat. Intel missed the GPU boat. Facebook rammed straight into the AR/VR iceberg.

BiglyStreetBets

IBM, AOL, Cisco etc. were tech companies too, which in the 80s were profitable, ultra mega-caps, again in tech.... These types of companies either don't even exist anymore, or took DECADES to recover... These were the tech giants of their day.

twenty_three_three

msft deserves everything that's coming their way. only so many times you can burn your customers. the AI money has been so malinvested at that company. rentiers that will fade to obscurity ala IBM. They will peter around for the next 30 years and do nothing.

Crowleyer

So why not Intel or IBM? Checks all if not all your pints xd

AccountOfMyAncestors

no one even thinks about IBM's existence, let alone rooting for their downfall

pm_me_yo_creditscore

IBM

post-mortem-malone69

IBM grandma approves of this comment

HARCYB-throwaway

Open pilot costs $800 and installs in almost every car since 2018. I dont have to drive to work anymore. I eat breakfast and scroll while my Grand Cherokee takes me to the IBM office. The future is here is you adopt it.

Trashman56

“A computer cannot be held accountable. A computer must never make a business decision” - IBM PC manual

Vegetable_Push6542

Loaded SMCI when it was -6%. Easiest dip of my life. Missed HIMS, missed IBM, will not miss this dip.

VictoriaAutNihil

NVIDIA (NVDA) is overwhelmingly rated as a Strong Buy by analysts, driven by massive AI-driven data center demand, with consensus suggesting significant upside potential. Most analysts recommend buying, with 12-month price targets averaging over $260, indicating confidence in continued growth despite high valuation. NVIDIA (NVDA) is overwhelmingly rated as a Strong Buy by analysts, driven by massive AI-driven data center demand, with consensus suggesting significant upside potential. Most analysts recommend buying, with 12-month price targets averaging over $260, indicating confidence in continued growth despite high valuation.  This is where I'm going. Sold my PLTR, CSCO, MSFT & IBM and put the capital gains (less 20%) plus my original stake into buying more NVDA. I think they will be the rebound leader and by mid-2027 will add to their most valuable corporation by an overwhelming margin over AAPL, GOOG, MSFT & AMZN (2-5).

VictoriaAutNihil

Sold IBM, MSFT, PLTR, CSCO; put aside what I invested, then put aside 20% to pay the capital gains, and then with my original outlay plus net gain I purchased NVDA. They will be the bellwether stock to rise out of the doldrums and shrug off the Iranian debacle. One of the few stocks that is still getting consistent strong buy signals from over 40 analysts currently following the stock. Many other tech high flyers, while not getting sell/strong sell signals, are getting hold, strong hold, moderate buy, buy recommendations from analysts.

Ancient-Swordfish292

>The strategy is to find well-run, growing companies, buy shares in them, and hold forever. Like US Steel, Standard Oil, AT&T, GE, IBM, and Kodak.

Automatic-Search-384

IBM is one of the companies that are pretty far with their quantum computning development, their stocks can be next nvidia in next 10 years, or maybe not, I don't have a crystal ball. :-)

East-Description-243

You’re using leverage. You can buy the contracts at a lesser price than the shares. In this guys case he now has equivalent 1500 shares in contracts he bought for $12k, if he’d bought shares it woulda cost him $600k. If the price were to take off quickly in the right direction it could be quite profitable for him… if it moves slowly or goes down like it has for him he will lose money quickly. Longer out strike date the more expensive the option will be. LEAP is just a long dated option. The theta (time decay) will be more detrimental and will accelerate the closer the options get to the expiration date especially if he is OTM. This is a pretty regarded explication. I’m a LEAP fan. They can actually make fast gains too if you get lucky on your timing. I made a 250% gain on some IBM leaps in 20 hours and have been hooked ever since😂

ssdd1834

Got it! Shorting Microsoft IBM, and NetEase

savanik

So the dot-com boom was largely late 90's, which was fueled by enormous amounts of speculative investing on new companies and technologies, many of which blew up in people's faces. The reason that happened, though, was that in the 1980s, there was the era of early internet services that became immensely profitable. Compuserve, Sun Microsystems, Cisco, AOL, Microsoft all made massive amounts during this time. There were a lot of failures, but there were a LOT of huge successes. IBM almost missed the bus but still managed to capitalize on a lot of B2B items. And of course, every single other investor with free cash jumped into the market trying to be the next Microsoft in the 90s.

TheFrugalEngineer

Research a company called IBM

LateNightTemptations

I know IBM did that

KweenieQ

* 6 * Inflation hedge (equities) and capital preservation (stable value). Pension supplement (annuities). * Around age 25. There was this new thing called SIMPLE IRA. A few years later, there was this next new thing that became known as 401(k). That got most of my money over the years. * IBM. Accumulated a bunch in the 80s and then sold it at peak to buy a car outright. Accumulated a bunch more and sold most of it not too long ago to harvest long-term capital gains. I keep a small position for old times' sake. It's a decent dividend stock. * More closely than I used to, because I have more time. I'm generally a buy-and-hold investor but keep a small sandbox account to play with. * I have a plan. I rebalance or fill gaps against the plan. With the market as concentrated as it's been lately, I tend to sniff sectors that make sense given the broader market.

RTiger

Downside is a prolonged drought. Lots of blue chips become cow chips. It happens way more often than beginners realize.  IBM was once the bluest of blue chips. It is rarely mentioned any more. Large scale economic changes can make a stock near irrelevant. Someone that has a large holding may ride that train to financial oblivion.  A secular bear market can add insult to injury. During major bear markets average stocks might be cut in half. Leading stocks might see worse. Sometimes the stock gets a new lease on life. Sometimes the company becomes near irrelevant.  Doesn’t have to be a tech related company. Talking heads mentioned Disney today. A market leader in theme parks, movies, streaming. It’s been ten full years of stagnation. And this is during a booming bull market. 

NoThankYouRatherNot

Buying Microsoft in 2026 has the same energy as buying IBM in 2012

Proper-Plantain9387

After IBM formed the partnership with Datavault - that is when the big $ jumped on board... so always follow the BIG money! IBM is providing engineering and technical sales support to accelerate Datavault’s product roadmap. They are focusing on [watsonx.ai](http://watsonx.ai) and watsonx.governance as it leverages IBM's AI governance to ensure secure, compliant data trading. The deal includes a significant $23M+ licensing agreement for IBM technologies, and a partnership to deploy Datavault in additional metro areas by early 2026.

jopausl

I firmly believe it there's a lot more room to grow. They are pre revenue. Their electron tunneling technology has been validated by IBM. The company is waiting for a few things that can be huge catalysts: NIST approval, chip manufacturing by TSMC, Krown technologies proliferation. They have partnerships with electronic grid manufacturers to provide cybersecurity. The nearest catalyst is the NIST certification, which would qualify them for US government contracts.

HARCYB-throwaway

Yeah im experiencing this at IBM. Nothing works and a fifth of the people hit their quota/goals. I'm quitting next week not because it's a hard job (it's the easiest two-emails-per-day and three-calls-per-week job) but rather because I'm tired of not creating real value. Oh and cuz my dividend portfolio is now replacing my base salary.

DickiesDippinDicks

IBM CEO on Bloomberg: “We are focused on erasing all the poor fucks out there that work. Agentic AI, Automation and Data centers are our focus. You see the ultra wealthy want to eliminate labor which will cause the deaths of billions eventually. And we like that.”

ConstantAd1

IBM, Dell .. what's next? Atari? Commodore 64?

moorhound

I get NVDA +IBM, but what the fuck is Nestle doing there lmao

ConstantAd1

IBM is back

Fragster2020

Of course it is....I'm in healthcare and do semi management so I rub shoulders with some of the company execs. We adopted AI last year...then execs created a whole team of AI and hired about 6 coders (couple from big companies like Google/Meta). Fast forward to this year, we've laid off around 22 people and eliminated redundant departments and the AI coders basically just automated that department's jobs. AI team also took over our marketing/media departments. We are scaling well but no longer hiring people. AI is making scalability lot cheaper in the long run. Our AI team is just building inhouse apps using automation. Then outsourcing is another big component that nobody talks about. We outsourced our network backbone to IBM Global (yearly contract). And most of their team are based in India and support our IT environment remotely for a fraction of what we used to pay inhouse (and no need to pay 401k nor medical benefits or incentives). When we started out with AI and the outsourcing bit, we discovered how much redundant jobs/positions we had over the past years and money paid to some high paid roles that were just there doing nothing but working remotely with a fancy title next to their names. All those positions have been eliminated now. I know this sounds shit but that's the reality in the corporate world nowadays. I got $25k incentive from last year and I know the higher up roles got even more! Corporate companies always had cut-throat culture in the past and now AI is giving them even more reason to act like one. OK with downvotes..lol.

dalivo

Do you work with Salesforce? Their UI is fine - good, in fact. Especially compared to anything out of a legacy company like Oracle or IBM.

finallytisdone

Lol that’s not how it works. One cannot simply build and setup a chip fab. It’s not like building a car factory. A chip fab has to run a “process,” which is many billions of dollars of research and development spanning decades to develop. It’s so difficult to do it at the leading edge that almost every company has dropped out of the race, and the fact that Intel and TSMC still can is because they have decades of experience. The Japanese government is spending tens of billions in an attempt to create a whole new leading edge fab company called Rapidus, and even in that case they are trying to license the process technology from IBM.

zack77070

Intel, AMD, Oracle, IBM, Netflix, cloud flair, are all pretty huge, there's more.

VictoriaAutNihil

Enough that on Monday, I'm selling what I'm in the green/black: PLTR, AMAT, IBM, QQQ. My current losers are high quality, but if they drop another 10%, they're going as well. I'd rather a t-bill until this Iranian debacle shows some possibility of soon ending. I'm not in my 20s, 30s, 40s; otherwise my strategy would in all likelihood be more aggressive.

MrNo_Balls

So, IBM drops 10% based on AI slop, but Stryker gets hacked(via the MSFT special) and they barely even dropped at all(MSFT and Stryker)?

Affectionate-Idea690

friendly reminder, Friday the 13th is upon us and many of these events happened: the knight templars were slaughtered, buckingham palace was bombed in ww2, IBM computer virus, paris terror atacks, the AZtec empire fell, covid shut down national emergency,,,and finally the biggest of them all tupac shakur was gunned down. prepape anoos and GL all

moorhound

IBM stands for "Indian Bowel Movements" and their policy is Work-From-Street

bearhunter429

#IBM currently has 5k job openings and 4k are in India. Only 300 are in the US. LMAO🤌

Hamzehaq7

that’s pretty wild! the fact that they’re pushing those simulation limits is huge for aerospace. 25x faster with a GPU is no joke, especially since every second counts in those tests. i’m curious how this will hold up against giants like Google or IBM in the quantum race though. and with AMD's recent focus on AI, it'll be interesting to see if this partnership leads to more breakthroughs. overall, sounds like they’re onto something cool! anyone else here following the quantum hype?

Astronaut100

Bullish signal. Just goes to show how powerful these companies are. No one be trying to attack IBM or SAP lol.

AntoniaFauci

CNN only now reporting on: * awareness that about 7 big US companies (IBM, google, amazon, Microsoft, Nvidia, oracle, palantir) are potential targets * acknowledges that amazon was hit with what they’re saying is small attack confined just to the UAE region TechRadar’s Lance Ulanoff didn’t mention the Stryker incident at all.

TrueCapitalism

HGRAF, USO, IBIT, IBM, RGTI has cooled down significantly. Honestly looking for extra funds to put into solar/hydro/alt-energy/renewables right now, given the situation of the world

SlfImpr

$NBIS up in pre-market due to $2B investment from Nvidia. BUT the market hasn't even accounted for further gains from Iran's warning to attack data centers of Microsoft, Google, Palantir, Oracle, Nvidia, and IBM in the Middle East. Since NBIS data centers are mostly in the US and Europe, it stands to gain further! NBIS Data center locations: [https://nebius.com/hardware](https://nebius.com/hardware)

SlfImpr

$NBIS up in pre-market due to $2B investment from Nvidia. BUT the market hasn't even accounted for further gains from Iran's warning to attack data centers of Microsoft, Google, Palantir, Oracle, Nvidia, and IBM in the Middle East. Since NBIS data centers are mostly in the US and Europe, it stands to gain further

greenpride32

The spread in the current price and buyout price is parts risk (will the deal actually go through) and parts opportunity cost. If you continue to hold WBD today, let's round up to $28/share for simplicity, well absolute best you can do is $3 profit or about 10.7%; that is the ceiling. This deal could take months or possibly year plus. The SP500's annual average return with dividends reivnested is a little over 10%. So by holding WBD, and let's assume the deal takes 1 year to close, you're just matching the SP500 return. Opportunity cost simply means, there will be many who would rather take the money out of WBD, and use it to try and capture a larger profit margin. As the deal closing date approaches and as risk erodes, you will start to see the share price slowly creep to $31. That's because the opportunity cost of the money declines with the time window. I have a year to beat 10%, or I have 3 months to beat 7% or I have 1 month to beat 3% etc. Same pattern plays out for any buyout. If you see something else it means the deal was at risk for whatever reason (another bidder, regulatory approval threat). MSFT and ATVI was an example that bounced all over the map due to regulatory issues. IBM and HCP followed standard playbook.

aidettec

Healthcare sales cycles are notoriously slow. Even if Amesite is 10x faster and cheaper, how do they actually break through the nobody ever got fired for buying IBM mentality of these big hospital chains?

Average_TechSpec

Yall sleeping on IBM 😃

ForsakenRacism

Bezos is way better. At least he’s just a POS. Elon goes in and does this weird as shit. As a fed the shut he pulled with DOGE was insane and didn’t even serve a purpose. I am a Starlink customer but I will happily switch if someone else comes on and offers something competitive. Maybe it won’t be tomorrow but eventually someone will. I doubt you’re typing this on an IBM phone.

Fresh_Boysenberry576

Why do you think that is a good thing? Is IBM so important for America that it needs to function as a public good?

Botasoda102

Bernie Sanders and I like USA taking a equity position in IBM. So, he gained a few points, but he’s still zillions behind.

Baat_Maan

They will have cash but I hope they never get the kind of talent they had before. This place deserves to be the next IBM at best. I know the AI bet will fail eventually because it is extremely overpromised but till it continues getting money, employment is doomed not because AI can replace or reduce humans, but the money going into AI won't leave any cash to hire people.

ohgodthehorror95

Enterprise solutions. Same thing with IBM and SAP. The switching costs outweigh the costs of staying. So it's practically a captive audience

sentientshadeofgreen

I believe that AI isn't going away, what we'll actually see is a shift away from microelectronic semiconductors into photonic chips. With photonics, the absurd miniaturization that only TSMC can achieve using only ASML's EUV machines is not necessary. You can accomplish the same performance on a larger wafer. I think it's possible a Taiwan crisis happens before photonic chips usurp electronic chips, more likely it could even be a catalyst, but things are already moving that direction. That being said, I'm keeping some TSMC stock, geopolitical risk or not, there is nobody else on the planet that can do what they do and electronic chips are not going away. Samsung is second. Furthermore, in the context of AI, AI is waiting on a photonic chip revolution. We're talking light speed communication versus the speed of electrons through materials with resistance. There is a lot of money invested in de-risking the global supply chain away from one company in Taiwan who relies on one company in the Netherlands, so I think the photonic computing revolution is happening one way or another by the end of the decade. If I'm picking one company I think will be very successful, it takes very little creativity - it's going to be Nvidia. That being said, I have investments in Coherent (COHR), Corning (GLW), IBM, and IPG Photonics (IPGP). I'm planning to open positions in POET and Broadcom. Possibly will invest in Lumentum, nLight, and Cisco as well but I have to do more research and get a better idea of what I'm willing to pay. I'm waiting for a big stock market dip to tax-efficiently diversify more into this sector. A lot cheaper to actualize a loss and buy a market dip the same day, than to actualize a profit and overpay the same day. I don't like sitting on cash otherwise.

aquavelva5

MSFT is the worst performing tech stock I own (recently). They are spending too much on AI, ruining their profit. I am thinking IBM in the 80s. I am done buying individual tech stocks for now. Too volatile due to AI spending. I do think one or two of the big tech will be gone in a few years, merged etc. They are too old and no longer growth. These companies are spending like their future depends on it and someone will lose. I dont think its MSFT, but oracle, facebook or google seem iffy.

IDrinkSulfuricAcid

Me with AVGO and IBM recently. So instead I've decided to hold everything all the way to 0 from now on

daninsatx

IBM, CSCO, MSFT in 1996, still holding. should have sold that CSCO when it topped out, but I was young and foolish. I did hold most of the MSFT which i got for between 24 and 40 bucks a share. I was working in Tech so learned about CSCO from the network guys. They said buy as much as you can.

dweaver987

My grandparents gave me two shares of IBM stock around 1970. I sold it when we were scraping together cash for a down payment on our first house in 1999. We had to figure out how to transfer the actual stock certificate.

Full_Pear449

IBM, in the mind of a child may not be of any importance, but, when you were one of the leaders of the computer revoluton you should not be ignored. You need to burn cash in order to eventually make it. How many companies made money the first day they opened their doors. IBM and others burned money for years before becoming teh giant they are today. RELEVANCE, older archtecture although old was still useful. For a small cost withing the first year were even in cost vs profit . Second year our P&L Statement was a +$600MM. Some day you will take ECON 1 & 2 thats when you'll understand what this all means.

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