Thread regarding IBM layoffs

What IBM’s next move could be after earnings, according to traders

“This stock has been making lower highs for the last seven years dating back to 2013 amid what’s
been one of the best tech rallies since the ’90s. That’s a sign of relative weakness, and why we think
this stock continues to underperform the tech sector and rise at a lesser pace.”

Weakness is an apt term.

https://www.cnbc.com/2020/10/19/ibm-q3-earnings-traders-on-the-stock-and-what-to-watch.html

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Post ID: @OP+17wtl1BD

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You heard AK on the earnings call, he wants to keep increasing the dividend and do M&As...

Hopefully, revenues will go up because if not not then costs will have to keep on coming down...

Good luck IBMers!

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