24/7 Wall St. Editor-In-Chief and CEO Calls IBM Is "America’s Worst Big Tech Company", Talent is Leaving, Supposedly Strategic Units Culled
Earlier this month: Slop in "AI" Clothing is Such a Miserable Failure That IBM is Allegedly Firing Entire Teams That Do Slop (the Media Didn't Report This; It Said the Opposite!) | IBM Agrees With Microsoft That Slop is Just for "Entertainment" and "at Your Own Risk"
Minutes ago: (more "AI" "experts" gone)
21 hours ago by Douglas A. McIntyre:
"Its stock tumbled 7% after it released less-than-mediocre earnings. They will bring the stock down by 20% in 2026, while the S&P 500 is up 3%."
IBM is a giant old boat that sinks and takes down (to the bottom of the ocean) companies that it buys. Consider what IBM has turned Red Hat into. It's 27/4 slop!
See, IBM's top-level management figured out they'd pay themselves giant bonuses (that they do not deserve) while borrowing lots of money and dropping mindless buzzwords, hoping it'll take shareholders (or will have taken) several years to finally - belatedly - realise their money got taken to a ride heading nowhere (net loss).
IBM not only wastes time on nonsense. It wastes money on this nonsense. It pays the mainstream media to play along with this nonsense. █
