Benchmarks ended in the red zone, dragged down by declines in the Technology and Materials sector. Possibilities of further sanctions on Russia intensified selling pressure post mid-afternoon. The day’s initial gains, largely a result of encouraging durable orders numbers, were eroded by the end of the trading session.The Dow Jones Industrial Average (DJI) fell 0.6% to close Wednesday’s trading session […]
King Digital, publisher of the popular mobile game Candy Crush Saga, began trading as a public company today on the NYSE not with a pop but with a drop. The stock, trading as KING, commenced trading at only $20.50, down nearly 9% on the $22.50 per share it announced on Tuesday. By the close of trading, King.com’s stock was at $19 per share, down 15.56%, […]
Cyberdyne, the maker of a battery-powered exoskeleton robot suit, made its stock market debut on Tuesday, as the firm looks to raise money to boost its research.
The Japanese robot venture provided 10.85 million shares, which […]
Benchmarks ended lower on Monday dented by escalating tension over Crimea and another drop in the bio-tech stocks for the second straight day. Investors’ confidence further dipped over growing concerns about China’s economy. The day’s encouraging domestic economic numbers failed to avoid the losses.For a look at the issues currently facing the markets, make sure to read today’s Ahead of […]
Some of you may remember the “Google Flu” effort, where the company was going to try to track outbreaks of influenza in the US by mining Google queries. There was never much clarification about what terms, exactly, they were going to flag as being indicative of someone coming down with the flu, but the hype (or hope) at the time […]
Benchmarks ended in the red zone on Friday dragged by a fall in the bio-tech stocks and futures and options expiration. Investors also had to focus on the latest developments in the Crimea region. However, the indices ended the week with modest gains.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall […]
A tool by New Relic called Insight gives its clients real-time analytics about customer usage.What if big data, that much-proclaimed multibillion-dollar hope of the enterprise software industry, is just a feature of something else?On Wednesday, a company called New Relic announced that its product, used by information technology professionals to monitor the performance of software applications, would also carry real-time […]
Originally published March 19, 2014 at 6:41 AM | Page modified March 20, 2014 at 6:42 AM
NEW YORK — Higher interest rates are coming. And they are coming sooner than you think.That’s the message investors took away from the Federal Reserve on Wednesday. In response, they sent stocks and gold prices lower and bond yields sharply higher.The Dow […]
CEO Ben Werther asks: Who needs a gut feeling in business when you’ve got the facts?Platfora says it can analyze all of a company’s data to help executives make better decisions.FORTUNE — The big data startup Platfora announced on Wednesday that it raised $38 million in a series C round led by Tenaya Capital.The round also included Citi Ventures, Cisco, […]
Platfora, a startup focused on bringing businesses intelligence from big data, has raised $38 million led by Tenaya Capital, which brings the company’s total financing to $65 million. Also participating in this round are Citi Ventures, Cisco Systems and Allegis Capital, as well as prior investors Andreessen Horowitz, Battery Ventures, Sutter Hill Ventures and In-Q-Tel.Platfora works with existing Hadoop clusters, […]
