At the end of the day, CNBC’s Jim Cramer knows investors are only human. That’s why the “Mad Money” host has come up with a set of investing rules to help guide them through the emotion and the fallibility that can come with being involved in stocks. One of Cramer’s most important rules has to […]
Read moreScaleworks, a Texas private equity firm focusing on software start-ups, has acquired Keen IO, a start-up with data analytics software aimed at developers. Terms of the deal, which occurred earlier this week, weren’t disclosed. Keen IO raised almost $30 million in venture capital, and in 2014 prominent firm Sequoia Capital led an $11.3 million funding […]
Read moreHere’s a round-up of the most important deals in venture capital from the past week. Amazon is acquiring Blink, a Boston-area start-up originally incorporated as Immedia Semiconductor. Blink makes wireless home security devices, including a camera and internet-connected doorbell that are compatible with the Amazon Echo. Terms of the deal were not disclosed. However, the […]
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The only major Wall Street strategist to formally cover bitcoin raised his price target on the digital currency the day of a massive price rout. “We are buyers of bitcoin on this pullback,” Fundstrat co-founder Tom Lee said in a Friday note. “The intrinsic/fundamental value of bitcoin has risen in the past month given the […]
Read moreGoogle recently revealed its plans for a massive new development project in Sunnyvale, California, a few miles away from its main headquarters in Mountain View. The company’s proposal, which it filed late Wednesday night, describes two green-space laden buildings, totaling ~1.04 million square feet, that could house up to 4,500 Googlers. The project also includes […]
Read moreSpaceX is set to launch 10 Iridium satellites on Friday, marking a halfway point in a contract to deliver 75 satellites to low-earth orbit for the satellite communications provider. When completed, this “constellation” of low-earth-orbit satellites could revolutionize air traffic control, allowing planes to fly shorter and more direct routes. The key is a system […]
Read moreHome Depot has held internal discussions in recent months about a potential acquisition bid for XPO, a $9 billion publicly traded company that offers transportation, delivery and other logistics services for big retailers and brands, according to a person familiar with Home Depot’s thinking. If Home Depot were to make an offer, one main impetus […]
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As Congress moved the tax bill forward, investors pulled the highest amount out of equities funds in more than three years, suggesting some investors may see “tax cuts” as already priced in. According to Bank of America Merrill Lynch, redemptions from equities funds and ETFs totaled $14.5 billion, the fourth largest on record, and the […]
Read moreMichael Novogratz, head of Galaxy Investment Partners, has delayed plans to launch what would have been the largest digital currency fund so far. “We were supposed to launch on December 15th and we paused,” Novogratz told CNBC. “I didn’t like the market conditions as a starting point to take other investors’ money.” “We are still […]
Read moreThe extreme volatility in bitcoin or blockchain-related shares proves once again stock prices are not always efficient, but can be driven by human emotion instead of rational analysis. Several small stocks captured the speculative imagination of traders this week. Future FinTech soared as much as 200 percent intraday Tuesday as some speculated the company is […]
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