Search results for IBM

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October 21, 2026

International Business Machines Corporation (IBM)

IBM Recovered the Deals It Lost in June, and the Market Has Already Paid for Them

The market has already moved the stock 26% off the panic low and back to roughly fifteen times forward unlevered cash flow.

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October 19, 2026

CoreWeave, Inc. Class A Common Stock (CRWV)

CoreWeave's $104 Billion Backlog Does Not Answer the Question Its Bonds Are Asking

CoreWeave's execution is not the issue, nor is demand; the issue is that the equity has become a highly levered residual claim on an enormous AI-infrastructure capital program.

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