"I'm not yet convinced the court needs to be expanded," Virginia Sen. Tim Kaine (D) told. (CNN)One of the most common mistakes in Washington is to confuse movement with action. Indeed, the boost in demand for IBM's mainframe z15 represents a positive development, but it's not asustainable source of revenue growth given the cyclical nature of that business.. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Dont be fooled, though: Rubios absurd right-wing economic populism isnt serious about fighting for the working class. Sort by. By Kyiv Post. April 22, 2021 / 0 Comments / by Which isn't likely to create pressure on Biden (or Congress) to make a change. Dont be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). Dont be fooled the Super League clubs gambled everything and they blew it By Adam Crafton Apr 20, 2021 485 Now we know they were serious. www.finalcall.com/artman/publish/Perspectives_1/article_101403.shtml Dont Be Fooled by Remarkable Real Estate Headlines Dont be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). Coronavirus; Right out of the gate, lets be clear about something: Ontario Premier Doug Fords tears dont mean a thing. The actual story is that the real estate market is finally back to normal. Dont be fooled. Since its $34 billion acquisition of Red Hat in 2019, IBM's cloud activities have been generating strong double-digit growth that contrasts with the decline of the company's legacy businesses. Second, during the earnings call, CFO Jim Kavanaugh indicated the unexpected strong results of the mainframe business, up 49% year over year at constant currency, corresponded to a couple of hundred million dollars of extra revenue. When he's not busy writing about cybersecurity, cloud computing, and other fascinating technologies, he enjoys running and traveling. Returns as of 04/25/2021. Don't be fooled: The Supreme Court isn't expanding anytime soon. In each episode of his weekly YouTube show, Chris Cillizza will delve a little deeper into the surreal world of politics. Investors shouldn't get too excited, though. However, investors shouldn't get too excited about this positive outcome, for a few reasons. Dont Be Fooled By Me (by Charles Finn) Dont be fooled by me. It's not at all clear that the bill could even pass the House where a) majority rules and b) Democrats have the majority. Click Here to learn more about KCMs newest feature, Personalized Posts. For instance, it partnered during the last quarter with the big data specialist Palantir Technologies to facilitate the deployment of Palantir's data analysis capabilities on hybrid clouds. At first glance, you might be tempted to think that Things. Are. April 22, 2021. Or even focus solely on court expansion. 321 comments. Back to Home. But beyond the short term, executives expect cloud and AI initiatives to keep supporting revenue growth. Leaving aside the company's quarterly top-line performance, IBM remains a bet on its transition to cloud computing and artificial intelligence (AI). Denny Grimes: Dont be fooled by the numbers. 97% Upvoted. Updated 11:07 AM ET, Thu Denny Grimes: 3 things to know when buying a home in Share Tweet Pocket Print Mail Bookmark + Russia's War Against Ukraine Dont be fooled. Because it makes it look like the politician is acting -- he's forming a commission!!! ), "It's not about court-packing," Biden said in early April when asked about the commission idea. This court expansion bill is the former, not the latter. In short: There's a reason that the composition of the seats on the court hasn't changed since 1869 -- and why 2021 isn't going to be the year it happens. Dont be fooled. Happening. Yeah, me too. Published April 23 at 11:09 am Kyiv Post editorials reflect the newspaper leadership's view on important issues of the day. But it represents an encouraging improvement compared to the 1.5% year-over-year decline in revenue to $17.3 billion analysts had anticipated. Indeed, IBM's market cap represents only 10.7 times the mid-range of management's forecasted full-year adjusted free cash flow. Dont Be Fooled. Robert Hiltz. "There's a number of other things that our constitutional scholars have debated. What's happening in Washington in regard to changing the makeup of the court is sound and fury signifying not all that much (with apologies to William Faulkner). The data will most likely show eye-popping one-year increases. Equipped with its 15-year experience as a former IT engineer, Herve covers the tech sector. Cumulative Growth of a $10,000 Investment in Stock Advisor, Don't Be Fooled by IBM's Surprising Revenue Growth @themotleyfool #stocks $IBM $MSFT, spectacular performance of some tech specialists, IBM's So-So Quarter Was Actually Better Than It Seems, 5 Things to Know About IBM's Earnings Report, IBM (IBM) Q1 2021 Earnings Call Transcript, Copyright, Trademark and Patent Information. To avoid being tricked by one of these shady links, carefully read the destination URL of any links you come across in your emails, paying special attention to anything that might look like a redirect or JavaScript code. Members: Sign in now to set up your Personalized Posts & start sharing today! Heck, the bill wouldn't even come close to getting 50 votes right now -- as evidenced by comments like Kaine and Durbin, who aren't exactly the two most conservative members of the Democratic caucus. The fans wont stand for it, screamed one pundit after another, as they got wind of plans for a European Super League. First, thanks to its international footprint, IBM benefited from favorable currency exchange rates. There's zero chance that the court expansion bill could garner the 60 votes it would need to end debate on the measure and set up a final vote on passage. Don't be fooled Fuller Shearer Neighbors for Public Safety Apr 22, 2021 Apr 22, 2021 We encourage Napa to not be fooled by Gray Havens recent public relations spin. Planning to Move? So, the committee's goal isn't to offer a specific guideline about court expansion. Stock Advisor launched in February of 2002. "Our democracy is under assault, and the Supreme Court has dealt the sharpest blows,", That move comes just a week after President Joe Biden signed an executive order establishing a commission to study whether the nation's highest court should be expanded. report. Dont Be Fooled. Granted, that result pales in comparison to the spectacular performance of some tech specialists over the last several quarters. Dont be fooled by the face I wear for I wear a mask, a thousand masks, masks that Im afraid to take off, and none of them is me. level 1 - LibCenter. This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Recommended. Consistent with the previous quarter, management anticipates full-year revenue to grow year over year (without giving further details) and adjusted free cash flow to land in the range of $11 billion to $12 billion. Jim Kavanaugh indicated the unexpected strong results of the mainframe business, up 49% year over year at constant currency, corresponded to a couple of hundred million dollars of extra revenue. The Democratic establishment listened to its liberal wing during the 2020 campaign and is reacting to blunt the clear advantage on the court that Trump, with a major assist from Sen. Mitch McConnell of Kentucky, established over the last four years! I truly never meant to do you any harm, but through a series of really bad and naive choices, I unwittingly facilitated the use and abuse of gamers across the globe. With a series of vacancies -- and Republicans' double-digit seat gain in the 2020 election -- the Democratic majority is extremely thin, meaning Speaker Nancy Pelosi (California) could afford to lose very few votes if she wanted to shepherd the court expansion to passage. 29 days ago *Auth Right visiting Auth-right, who detests Auth-right for being the wrong type of Auth Right. "The Commission's purpose is to provide an analysis of the principal arguments in the contemporary public debate for and against Supreme Court reform, including an appraisal of the merits and legality of particular reform proposals,". Analysis by Chris Cillizza, CNN Editor-at-large. At constant currency, revenue declined 2% year over year. IBM's first-quarter revenue grew by 1% year over year to $17.7 billion -- the highest revenue growth for the company since the second quarter of 2018. Then there's the Biden court committee, which is far less than initially meets the eye. Analysis by Chris Cillizza, CNN Editor-at-large. Media Matters has identified over 110 active anti-vaccine groups still on the platform Anti-vaccine groups thrive on Facebook dont be fooled by the platforms latest takedown. save. However, dont be fooled. -- while what he is really doing is kicking the can way, way down the road when, he hopes, passions will be less inflamed. We're only halfway through the first 100 days of the Biden administration, and everything seems relatively quiet. 2 2. The last thing we need to do is turn the Supreme Court into just a political football, whoever has the most votes gets whatever they want. Pretending is an art thats second nature with me, but dont be fooled, for Gods sake dont be fooled. That's exactly what's happening these days when it comes to the debate over whether the Supreme Court should be expanded from its current nine seats as a way to offset the 6-3 conservative majority on the court, cemented by former President Donald Trump's three appointments over the course of his four-year term. Photo via Doug Ford press conference. And adjusted free cash flow should increase to a range of $12 billion to $13 billion in 2022. During the first quarter, revenue from cloud activities grew 21% year over year to $6.5 billion, which confirms the success of the company's focus on solutions that allow applications to run on any combination of private and public cloud (hybrid cloud) thanks to its flagship product OpenShift. Not a Member Yet? Presidents come and go. Click to subscribe! On Thursday, a handful of Democratic senators and House members will introduce legislation that would add four seats to the court. Dont Be Fooled By Doug Fords Crocodile Tears. Why? The actual story is that the real estate market is finally back to normal. To be fair, this isnt always easy. This week,International Business Machines (NYSE:IBM) posted surprising year-over-year revenue growth during the first quarter. best. Were motley! While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term […] share. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. However, dont be fooled. Marco Rubio's recent op-ed makes it abundantly clear that hes still an enemy of labor organizing in general. Big Blue's top-line performance wasn't that impressive, and management didn't upgrade its full-year outlook. 13.2k. The company will record cash charges of $3 billion (excluded from adjusted free cash flow) to fund its transformation, which includes the separation of its legacy managed infrastructure business it announced in October. Close. CNN Sans & 2016 Cable News Network. Women in baseball say MLB has a long way to go . Thus, even if IBM's surprising first-quarter revenue growth didn't get me more excited, I'm still happy to hold my shares given the company's low valuation in the context of modest long-term revenue and free cash flow growth. There's a BIG difference between introducing a bill, which any member of Congress can do at virtually any time, and that piece of legislation having any realistic chance of passing. So despite IBM's not-that-strong first-quarter performance, investing in the company still offers attractive exposure to cloud computing and AI. But the huge size of that market leaves plenty of room for Big Blue -- and its competitors -- to keep generating strong double-digit revenue growth over the next several years. Fords half-assed breakdown is emblematic of so much of the theatre of his governments pandemic response. play. (Tasos Katopodis / Getty Images) Our new issue, Biden Our Time, is out now. You Can Still Secure a Low Mortgage Rate on Your Next Home. Don't be fooled by Kim Ng's hiring. And to capture a part of that large opportunity management had estimated at $1 trillion, IBM has been creating partnerships that leverage its hybrid cloud solutions and consultancy activities. Let's start with the legislation being introduced in Congress on Thursday. (Sidebar: How often have you ever seen 36 people all agree on the right way to solve a politically thorny problem? The data will most likely show eye-popping one-year increases. You should take this year's adjusted free cash flow with a grain of salt, though. I have nothing to do with gaming anymoreand you should all be thankful for that. (It's not at all clear whether she wants to prioritize this piece of legislation.). Which means that the ultimate recommendations -- when they come sometime in late 2021 (or early 2022) will likely be overly broad and filled with caveats. 29 days ago. Market data powered by FactSet and Web Financial Group. Lastly, despite the surprising top-line performance, management didn't update its full-year outlook, which suggests first-quarter better-than-expected revenue growth wasn't an early sign of long-term improvement in the company's prospects. Dont be fooled. Granted, IBM will be facing strong and increasing competition in the hybrid cloud area, as illustrated by Microsoft's recent efforts to offer management solutions for hybrid clouds with its Azure Arc offering. hide. Supreme Court justices stay for generations.". Published: April 23, 2021 11:05 AM EDT. Don't Be Fooled by IBM's Surprising Revenue Growth Despite Big Blue's better-than-expected top-line performance during the first quarter, management didn't update its full-year outlook. Posted by - LibLeft. Log in or sign up to leave a comment Log In Sign Up. This mission of this 36-member commission speaks to the desire to look like something decisive is being done while, well, it's actually not. Yet thanks to its modest valuation in the context of its transition to the cloud, IBM remains an attractive investment opportunity. Well, the long-running joke in Washington is that if the president wants to look like he is doing something while actually not doing much, the commission or committee is the preferred vehicle to make that happen.
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