Tag Archives: market

European tech market expected to continue slow growth through 2018

Forrester’s latest European tech market forecast projects that growth in purchases of technology software, hardware, and services by European businesses and government measured in Euros will hold steady at 1.6 percent in 2017, and increase to 2.2 percent in 2018. Spending on software and tech consulting services will do better, with software spending rising by 2.5 percent in 2017 and 3.5 percent ... Read More »

Toronto tech market outpaces U.S. frontrunners

Toronto is North America’s fastest growing tech market, outpacing New York and San Francisco combined, according to CBRE’s fifth annual Scoring Tech Talent Report. The report, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent, also shows Toronto is the second-cheapest place to operate a tech firm. Even Oklahoma City, the cheapest ... Read More »

Tech stocks send another bearish warning of bigger market sell-off, even with Apple at highs

Nasdaq and technology stocks are sending up warning flares that the broader market may be getting ready for a late-summer sell-off. The Dow surged above 22,000 for the first time ever Wednesday, and the S&P 500 and Nasdaq also rode higher after Apple’s strong earnings cast a positive glow across the market. But those gains evaporated and the Dow was just slightly higher for most ... Read More »

Dow logs record, but tech slump caps gains for broader market

The Dow industrials finished at an all-time high on Monday, but the broader market’s gains were hobbled by losses in the technology sector. The Dow Jones Industrial Average DJIA, +0.41% gained 60.81 points, or 0.3%, to close at 21,891.12, pulling back from its best levels after hitting an intraday record earlier in the session at 21,929.80. The S&P 500 index SPX, +0.25% declined 1.80 points, or ... Read More »

There Goes the Market! Nasdaq Tumbles, S&P 500 Slips as Tech Tanks

A nothing day has turned into a selloff, as tech stocks tumble and take the market with it. Except for the Dow, which is hitting a new all-time high. ILLUSTRATION: GETTY IMAGES The S&P 500 have fallen 0.4% to 2,467.59 at 1:51 p.m. today, while the Dow Jones Industrial Average has ticked up 14.85 points, or 0.1%, to 21,725.86. The Nasdaq Composite has dropped 1.1% to 6,352.31. Earlier today, ... Read More »

Market Live: Nifty Bank hits 25,000 ahead of F&O expiry, Sensex soars 290 pts

12:10 pm Buzzing: Adani Power shares fell as much as 4 percent intraday after foreign brokerage house Citi discontinued its coverage on the stock. “We are discontinuing coverage on Adani Power due to reallocation of our resources. The firm’s last recommendation for the stock is sell and our target price is Rs 23. This is our last rating on Adani Power,” the ... Read More »

Market for tech systems to fight terror bombs on track to top $2 billion by 2022

Manpreet Romana | AFP | Getty Images A US Marine of 2nd Marine Expeditionary Brigade runs to safety moments after an IED blast in Garmsir district of Helmand Province in Afghanistan on July 13, 2009. The global war on terror is fueling demand for robotic and other technology that can defeat or detect improvised explosive devices, or IEDs. The counter-IED ... Read More »

OctoFrost Group purchases Innotec Systems, strengthening grip on IQF processing tech market

Malmö, Sweden-based OctoFrost Group, a manufacturer of individual quick freezing (IQF) freezer tunnels, has purchased Innotec Systems BV, a maker of customized industrial food processing machinery. The acquisition is intended to make OctoFrost is a key player in supplying complete IQF processing lines, the company in its press release announcing the deal. Terms of the deal were not announced, but ... Read More »

Worldwide PC Market Continues To Decline, Drops By 4.3 Percent In Q2 2017

The downward trend continues for the worldwide PC market in the second quarter of 2017. According to the latest data from Gartner, global PC shipments totaled 61.1 million for the said period, representing a 4.3 percent decline from the same quarter last year. Worldwide PC Shipments Spiral Downward The figure also represents the lowest single quarter of PC shipments since 2007. On ... Read More »

Israel is getting serious about opening up the high-tech market to domestic investors

Ariel Jerozolimski | Bloomberg | Getty Images Inside the Tel Aviv Stock Exchange Israeli pension funds are expected to get a waiver that will allow them to invest in four new high-tech funds for which the government issued new tenders this week. The new mutual funds, meant for both private and institutional investors, are to be traded on the Tel ... Read More »