NEW YORK Good news was finally good news for the stock market on Friday.Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.The strengthening job market focused investors on the nation’s improving economy instead of concerns about the Federal Reserve’s […]
For all its hype as a potential panacea for companies everywhere, Big Data isn’t necessarily useful data. All the analysis in the world isn’t helpful if, in the end, you can’t figure out what your data actually indicates. Gleaning information by interpreting and recognizing patterns in the data, and then deciding on a course of action, is sort of hard. […]
Palantir Technologies, the “big data” miner that the counts the CIA and the FBI among its clients, is poised to announce a new round of funding that will value the company at roughly $9 billion, according a person familiar with the matter.In a securities filing Thursday, Palantir is expected to disclose that it has raised $58 million in the current […]
Trade parameters: Sold CAC-40.I CFDs at 4.140.37 with stop at 4.250 (on close)Trade idea backgroundFrance and its stock market “own” the luxury goods market. According to Bain & Co. it controls 25 percent of the world market for these sought-after products. The problem with this “luxury” is of course that emerging market growth overall, and Chinese growth in particular, is slowing […]
Signs of a weak holiday shopping season and apprehensions over the central bank trimming its economic stimulus plan dragged benchmarks into the red on Tuesday. Profit booking also turned out to be a deterrent for the markets. The Dow and S&P 500 extended their losing streak into a third day. These losses come after benchmarks recorded eight consecutive weeks of […]
The aluminum story doesn’t seem to be getting much better (for producers like Alcoa, anyway).MetalMiner’s monthly Aluminum MMI® registered a value of 91 in December, a decrease of 3.2 percent from 94 in November. Three-month aluminum on the London Metal Exchange experienced the biggest drop in the complex, falling yesterday to $1,746 per metric ton, the lowest level we have seen […]
When it comes to Big Data, it’s “one thing to be able to query it, but it’s another thing to be able to actually ask that data meaningful questions,” according to Revolution Analytics head of marketing and community David Smith. The executive dropped by theCUBE at SiliconANGLE’s recent Big Data NYC 2013 summit to discuss how his firm is helping […]
Yesterday I was invited to the UK launch of a new personalised video platform, created by Dutch company Rednun.Rednun claims that if you want the biggest impact possible for the maximum number of people, you can’t do it by producing just one video and uploading it on a shared video platform. You need to personally tailor each video for every individual […]
Today it appears that the ongoing saga of OCZ’s roller coaster ride on the stock market has finally came to an end. Earlier this morning, weeks of ups and downs in the company’s share price as well as rumors of massive financial troubles finally came to a head when trading was halted on the SSD manufactures stock.
Trading was suspended […]
The Nasdaq crossed the 4,000 mark yesterday for the first time in over a decade as strong housing data and positive retail earnings reports improved sentiment. The Dow and S&P 500 also finished in the green, extending their respective record highs. The consumer discretionary sector was the biggest gainer among the S&P 500 industry groups, while utilities stocks lost the […]
