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by trebligdivad
17 days ago
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The EPS was a lot lower than expectation though - and I thought that was the only reason people held IBM shares, they've not traditionally grown quickly but IBM has traditionally done anything it could to get a good EPS.
The other more techy side is to think that a year or so ago when everyone was climbing on AI, people were buying stocks in lots of tech companies to ride that wave; some companies (Nvidia, Samsung, Micron etc) are making a fortune from it. IBM? It's got some things it can point to it's doing in AI but it's not the big beneficiary of this wave. |
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