{"id":22319,"date":"2016-02-18T16:17:24","date_gmt":"2016-02-19T00:17:24","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/2016\/02\/why-is-ibm-surging"},"modified":"2017-06-04T20:10:31","modified_gmt":"2017-06-05T03:10:31","slug":"why-is-ibm-surging","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2016\/02\/why-is-ibm-surging","title":{"rendered":"Why is IBM surging?"},"content":{"rendered":"<p><a class=\"blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/why-is-ibm-surging2.jpg\"><\/a><\/p>\n<p>Big Blue is cool again according to investors.<\/p>\n<hr>\n<p>NEW YORK: Here\u2019s a vexing question for artificial mega-brain Watson: Why is IBM stock surging? Big Blue\u2019s market value rose about $6 billion after the computer giant agreed on Thursday to buy Truven Health Analytics for $2.6 billion. Giving IBM\u2019s artificial-intelligence platform more data to chew on is useful, but investors\u2019 glee over an opaque addition to an enigmatic business effort is confusing.<\/p>\n<p>Big Blue\u2019s top line has been shrinking steadily for nearly four years. In the fourth quarter of 2015, all major divisions had declining sales, with overall revenue falling 8.5 percent compared with the same period a year earlier. Clients need less of IBM\u2019s hardware, and its software and consulting businesses are faltering in competition with rivals\u2019 cloud-based versions.<\/p>\n<p>The upshot is a falling share price. It has dropped about 25 percent in the past four years, while the S&amp;P 500 has risen about 40 percent.<\/p>\n<p><a href=\"http:\/\/www.thestar.com.my\/business\/business-news\/2016\/02\/19\/why-is-ibm-surging\/\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big Blue is cool again according to investors. NEW YORK: Here\u2019s a vexing question for artificial mega-brain Watson: Why is IBM stock surging? Big Blue\u2019s market value rose about $6 billion after the computer giant agreed on Thursday to buy Truven Health Analytics for $2.6 billion. Giving IBM\u2019s artificial-intelligence platform more data to chew on [\u2026]<\/p>\n","protected":false},"author":395,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,1523,1495,6],"tags":[],"class_list":["post-22319","post","type-post","status-publish","format-standard","hentry","category-business","category-computing","category-health","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/22319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/395"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=22319"}],"version-history":[{"count":3,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/22319\/revisions"}],"predecessor-version":[{"id":68389,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/22319\/revisions\/68389"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=22319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=22319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=22319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}