After hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform, […]
Read moreWhen Vayyar first developed its tiny sensors, it was on a mission to give doctors a low-cost alternative to mammograms, and a way to see malignant growths in human tissue without making patients physically uncomfortable. The start-up, based in Tel Aviv, is still working on that medical technology. But it has also found plenty of […]
Read moreAt the end of every year, investment fund Rock Health asks the venture and start-up community to vote on the top digital health IPO of the year. In 2017, Tabula Rasa Healthcare won — even though the company actually went public in September 2016. It was such a drought that Rock Health couldn’t find a […]
Read moreIt’s been four years since investors valued Dropbox at $10 billion. Since then, in the eyes of mutual funds and other shareholders, the company has been unable to justify that price. But as the cloud file sharing and document collaboration company prepares to go public, investment firms have been gradually marking the price up They […]
Read moreAn Indian-built PSLV rocket successfully deployed 31 satellites from seven countries into orbit Friday, a big step in the burgeoning global space industry. Among them was Planetary Resources’ Arkyd-6 satellite, which has the ambitious mission of learning how to prospect asteroids for mining. Arkyd-6 will test 17 new technologies, with one of its most important […]
Read moreAmazon has about 500 patents pending. Of course, not all of them will form the basis of products, but Amazon has had some very notable patents — like one-click shopping and many of the technologies that make up the foundation of cloud computing, now its most profitable business. So we looked at some recent patent […]
Read moreFacebook said it’s going to limit the amount of news its users see soon. What it should really do is take news off the platform entirely. We shouldn’t be looking to a social media platform that established itself as a place to connect with friends and family to read about local, national and world events. […]
Read moreAmazon will continue to draw investor demand this year, despite making record-level investments, Morgan Stanley wrote in a note published Friday. The investment bank didn’t change its $1,250 price target for Amazon, but reiterated its prediction of $2,000 per share — or roughly a $1 trillion market cap — under its “bull case” scenario. It […]
Read moreInvestors bid Twitter shares higher Friday after Facebook said it would limit the number of news items it shows to its users. Twitter surged as much as 5 percent on heavier-than-usual volume as some bet that the move by its larger rival could open an opportunity for Twitter to sell more advertising. “This is the […]
Read moreHow much would you pay to have a robot fold your laundry? California-based robotics start-up FoldiMate hopes the answer to that question is about $1,000. FoldiMate is building a home assistant robotics machine to fold laundry. The start-up showcased a prototype at the Consumer Electronics Show in Las Vegas this week, but the final product […]
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