IBM's Shares Fell Nearly 13% in One Day (Including After Hours)
This does not show the full picture; IBM fell to almost $290 after market's close.
And veterans staff still leaving in droves, e.g. (recent hours):
IBM is where a lot of "modern computers" (from tabulation machines to computers with RAM and keyboards, mice etc.) came from. After more than 110 years IBM is rotting and its main product is false promises.
The current IBM CEO, around retirement age, made promises for 2029 and 5 hours ago someone wrote: "Why does he care? He won't be the CEO by 2029. Just hype to prop up the stock price... Just fine by me."
Anonymous comments like hit where it hurts; because they're true. "To say IBM is leading in AI is HILARIOUS! You should be a comedian," someone told a troll.
Expect IBM to carry on playing "Wall Street pump and dump" instead of making or delivering (let alone producing something unprecedented, novel) any real products. Borrowing lots of money to buy more companies (to artificially inflate IBM's "revenue") is a road to insolvency. █
