IBM Ace in the Hole Could Save the Stock

2019-10-21 02:15

A lot of things went wrong with IBM’s Q3 earnings report, ultimately slashing 6% from the stock in the past two days. The one thing that went right, however, was Red Hat, Big Blue’s blockbuster $34 billion cloud-focused acquisition that closed over the summer.

IBM’s legacy business, meanwhile, is a stumbling block, as evidenced by […]

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