| ▲ | Tempest1981 10 hours ago | |||||||||||||||||||||||||
IBM shares fell 13% in a single day in last month: "IBM Sinks Most Since 2000 as Anthropic Touts Cobol Tool" https://finance.yahoo.com/news/ibm-sinks-most-since-2000-210... It may not be "cheap", but possibly cheaper than IBM's consulting. | ||||||||||||||||||||||||||
| ▲ | scorpioxy 10 hours ago | parent | next [-] | |||||||||||||||||||||||||
I skip news like that. It's an AI business hyping one of their tools in a major AI hype-cycle. Shares can go up and down based on sentiment. My point still stands. To me, there's a big difference between saying that migration projects can now be assisted with some AI tooling and saying that it is cheap and to just get Claude to do it. Maybe I am out of touch but the former is realistic and the latter is just magical hand-waving. | ||||||||||||||||||||||||||
| ▲ | PurpleRamen 3 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||
Share-pricing operates on illusions. Just selling a plausible claim can influence the price. Whether they will deliver at the end, doesn't matter at that moment. | ||||||||||||||||||||||||||
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| ▲ | Marazan 5 hours ago | parent | prev [-] | |||||||||||||||||||||||||
IBM share price is back to where it was pre-Anthropic press release. | ||||||||||||||||||||||||||
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