Thread regarding IBM layoffs

IBM 2nd quarter: Insiders news

Buy IBM stock right now. It's going to be above 150 soon.

We have 2.50 EPS compared to 2.25 expected by analysts.

Cloud and cognitive performed tremendously well. More than 10% grew last quarter. Systems Z also grew more than 5%. GBS is positive as well.

Overall, IBM grew YoY 8%. It's a solid buy for the next few days.

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Post ID: @OP+1bPGM4Ca

17 replies (most recent on top)

https://finance.yahoo.com/news/ibm-q2-earnings-rise-6-101938088.html

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Post ID: @2snt+1bPGM4Ca

Since 2020 was such an anomaly maybe wall street should compare against 2019.

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Post ID: @2idh+1bPGM4Ca

IBM Cloud is the worst in the market, it is dead company .Stay away from them

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Post ID: @2icq+1bPGM4Ca

Believe me it's real. IBM has to grow 5-10% in cloud for a good reputation. Competitors are growing at 35-50% rate. So it's there.

Now it's your call if the numbers are real or financially engineered.

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Post ID: @1hep+1bPGM4Ca

Yeah right, and I'll take some of that prime real estate your selling in Florida too

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Post ID: @1yil+1bPGM4Ca

Cloud performed well? Hahahahaha.

You had me with the rest of it.

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Post ID: @1fer+1bPGM4Ca

IBM to the moon🚀🚀🚀🤑🤑

The rocketship is leaving the earth in a week, load up guys or you'll regret it

Diamond hands 🙌🙌

Am loading $10000 worth

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Post ID: @1det+1bPGM4Ca

Damn people. It’s a joke. Derp! If it’s not obvious to you, I feel sorry for you. Never believe anything on here.

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Post ID: @1ift+1bPGM4Ca

Given IBM’s 1st q forecast announcement of a 300 million shortfall for System Z revenue in 2nd q, I would find a 5% growth rate to be highly improbable. That equates to 300 million make up plus approx 50 million growth. If that forecast comes true, Both the CFO and Rosamillia have some explaining to do as their visibility for a critical portion of the business is very poor

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Post ID: @gak+1bPGM4Ca

The compare is with Q2 2020… does anyone remember what happened in 2020…. COVID meltdown/lockdown… if IBM can’t be that this quarter, then it is in real trouble!! Same thing for Q3.

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Post ID: @jws+1bPGM4Ca

Yeah right. And pigs can fly too?

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Post ID: @dzb+1bPGM4Ca

OP must have fallen asleep and had a dream.

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Post ID: @eqg+1bPGM4Ca

Thanks PT Barnum!! A su---r born every minute!!! Sounds like you’re trying to drive the price up so you can sell before the real earnings LMAO!!

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Post ID: @dhu+1bPGM4Ca

FAkE NEWS!

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Post ID: @jau+1bPGM4Ca

Fake news!

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Post ID: @muo+1bPGM4Ca

Revenue up 8% would be amazing and the stock price would rocket, but it's hard to believe this insider info is true.

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Post ID: @qva+1bPGM4Ca

This is great news. It means no layoffs for this year.

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Post ID: @beb+1bPGM4Ca

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