The Federal Reserve's dovish commentary on potential rate cuts has been a nice boost to the markets the past week or so. Learn what investors need to know...
Continue ReadingThe latest investor updates on stocks that are trending on Monday...
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Continue ReadingLei Jun, founder of Chinese smartphone brand Xiaomi, said he was ready to bring the company's first electric vehicle to the market, having spent over 10 billion yuan (US$1.4 billion) developing a prototype with a team of 3,400 engineers. In an interview with China's state broadcaster aired on Sunday, the entrepreneur said he was inspired by Apple founder Steve Jobs. Lei also said he was confident that the debut vehicles, which cost 10 times the industry average to develop, would be competitive i...
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Continue ReadingIBM said it will buy German software company Software webMethods and StreamSets divisions for 2.13 billion euros ($2.32 billion). The acquisition comes as the U.S. technology giant continues to focus on and invest in hybrid cloud and artificial intelligence technology, the companies said on Monday. The two divisions are part of Software AG’s integration-platform-as-a-service business, which brings together a variety of applications and data...
Continue ReadingIBM said on Monday that it would buy Software AG's enterprise integration platforms for 2.13 billion euros ($2.33 billion) to bolster its artificial intelligence and hybrid cloud offerings. IBM will acquire Software AG's StreamSets and webMethods platforms with available cash on hand, it said. The two units formed Software AG's so-called "Super Ipaas" business, which was launched in October...
Continue ReadingThis monthly article series shows a dashboard with aggregate subsector metrics in Consumer Discretionary. Read more to see a review of XLY ETF...
Continue ReadingInvesting.com -- U.S. futures largely edged higher Monday at the start of the final full trading week of the year, continuing the recent rally with more Fed policymakers due to speak...
Continue ReadingIBM (NYSE: IBM) today announced that it has entered into a definitive agreement with Software AG (FRA: SOW), a company majority owned by Silver Lake, to purchase StreamSets and webMethods, Software AG's Super iPaaS (integration platform-as-a-service) enterprise technology platforms, for €2.13 billion in cash...
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