Thread regarding IBM layoffs

IBM's debt grew to 62 billion and no numbers for debt (end of June) released till the weekend/Monday

https://finbox.com/NYSE:IBM/explorer/total_debt

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Post ID: @OP+1tGpaWVK

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so they are a 57 billion $$ company with 62 billion debt 😒

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Post ID: @2ksj+1tGpaWVK

"as long as Wall Street"
Yeah, there is a group with tons of integrity.
The numbers are BS.
Also notice how the national debt is rising, I wonder where that "money" is going.

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Post ID: @krk+1tGpaWVK

@jwj+1tGpaWVK

Who cares... as long as Wall Street and Main Street buys the BS and the stock goes up... Up $10 today! My RSUs are looking good... hopefully, I will keep my job though!! lol!

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Post ID: @thg+1tGpaWVK

Re: the earnings report. As usual, they manipulated the numbers for short-term gains. AK just out there buying himself another quarter and maybe another raise with all that debt. Investing in himself, his country of origin, and his cronies, until the money runs out. All smoke, mirrors, and propaganda. FAANG companies numbers all tanked on AI while IBM's went up? Because clients have faith in WatsonX? Please. The truth will come out. AK is just ripping from IBM's old pal, Goebbels' playbook: if you repeat a lie enough, it becomes the truth. Maybe for a quarter, but long-term? Get real. And Consulting is still DOA.

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Post ID: @jwj+1tGpaWVK

beat the estimates; up after hours and pre-market

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Post ID: @rjj+1tGpaWVK

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