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Motley Fool Hidden Gems Investing

Meta Slows Its Roll

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 25 April 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

At (00:21) David Meier and Deidre Woollard discuss IBM’s potential acquisition of HashiCorp and how it helps grow the business. And what was it about Meta’s earnings that gave the market pause? Companies discussed: IBM, HCP, META, NOW, CMG, ALGN Host: Deidre Woollard Guest: David Meier Producer: Ricky Mulvey Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Meta, IBM, IBM, and a down market buying opportunity. This is Motley Full Money. I'm DeJro Bullard here with Motley Full analyst David Meyer on this very

0:26.3

busy earnings Thursday. David, how are you?

0:28.8

Yes, I'm very busy. I'm well, but a very busy. I think everybody at the fool is just dealing with

0:36.7

this flood of earnings and there's it's not just the earnings but there's a lot of

0:41.3

excitement and you know I'm I want to talk to

0:44.8

some of them I want to talk about meta but first I want to start with with IBM because

0:48.7

there were earnings but also this big announcement that they're buying a hashicorp for 6.4 billion.

0:55.2

So this is fascinating.

0:57.2

Tell us a little bit about what a hashi corp is.

1:00.1

So hashi corp is a software company that basically allows companies to make sure that

1:08.8

their cloud offerings and their on premise offering otherwise known as a hybrid model do in fact talk with

1:17.5

each other not only communicate with each other but that they maintain security between the two things and it's a company

1:26.9

that's been growing quickly they have a nice technology and yes IBM has said

1:31.5

hey we we would like to have you in our hybrid cloud solution

1:36.1

portfolio of products and services. Well and it's interesting too because I'm sort of

1:42.2

of tracking this movement toward hybrid cloud,

1:45.4

multicloud, you know, IBM said, hey, we need to have this to grow. This is great news for us that lets us get into different markets.

1:54.0

Market, I don't know if the market fully loved this.

1:56.2

I mean, there's some other macro stuff going on

1:57.8

that we can talk about.

1:58.9

But what makes this deal important?

2:02.2

So the cloud to the cloud is still very strong and by

...

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