Why Did IBM Stock Crash 25% Today?

Outside of the mainframe business which is a world on its own, IBM has the worst software and culture. Apart from Oracle of course.

I remember 15 years ago IBM was already all in AI with Watson. I digged into it it technically it was all unusable. They then gutted the Watson team and guess what succeeded in missing the AI hype.

Shit tier company with shit tier software being undercut by AI