Despite Facebook’s blockbuster $3 billion Oculus acquisition in 2014, VR/AR has been too early stage for large scale mergers and acquisitions (M&A) so far. But that’s set to change in the next 12 to 18 months, so let’s look at what could drive M&A deals going forward. Where Digi-Capital’s Augmented/Virtual Reality Report Q1 2017 and deals database tracked $1.5 billion investments in the last 12 months to Q1 2017, there was only $600 million of M&As in the same period. That dynamic of investments outstripping M&As is typical of early stage tech markets, when deal making is all about investment for growth rather than...
The American economy and the industries that power it have experienced fascinating change over the last half century. An interesting way to track that change is by following the largest, most powerful companies in the United States as they make their way up and down the annual Fortune 500 list. Slant Marketing has done just that and compiled their findings into a super interesting interactive that can be seen here. (click image for interactive version) They reviewed the top 20 companies of the Fortune 500, from 1965 to 2015. For each year, they grouped companies by industry and calculated that industries revenue within the top 20. They...
After a couple of relatively quieter weeks, things are going to pick up in a big way. Volatility remains modest but a slew of economic data, earnings reports and events from the political front could make this a more turbulent week than we’ve seen lately. There’s almost too much going on to summarize in one paragraph so let’s break down each group of events separately. Tax reform, a government shutdown and the French election Voting in the French presidential election just wrapped up and it looks like Marine Le Pen and Emmanuel Macron will advance to the runoff election. Most eyes are on National Front party candidate Le Pen, the far ri...
Exponential growth in data creates new demands for which traditional data management techniques like relational databases are not satisfactory. The pervasive nature of the internet and the so-called IoT has ensured that the exponential growth of data remains unchecked. visualcapitalist.com The point of processing this type of data is to be able to react – make decisions, automate tasks, refine actions and content. This is very different than the traditional methods of store, warehouse, process transactions and then update the “system of record.” Bank accounts still work that way but real-time streams of location data from a...
As can be seen from the following monthly chart of the EUR:USD Forex pair, after today’s (April 23) first round of the French Presidential election, price is currently in a battle to regain a foothold above major resistance at 1.09. A break and hold above this level could see a further push to the next major hurdle around 1.15. At the moment, the Momentum indicator is still below zero…watch for a confirming break and hold above that level on such an upward push. Otherwise, failure to break above 1.09 with conviction could see a retest of 1.03, or lower. We may not see a clear path forward until the runoff election, which ...
Things are looking good for the Nasdaq as technicals return net bullish after a brief period of bearishness. This coincided with the index nestled against resistance helped by Friday’s tight intraday action. The index is nicely placed for a breakout on Monday, especially given the relative outperformance of the Nasdaq against its peers. As with the Nasdaq, the Nasdaq 100 also sits on the verge of a breakout, but unlike the aforementioned index its technicals are not yet net bullish. The S&P lost a little ground on Friday, but it remains within a downward channel which has the characteristics of a ‘bull flag’. While...
As anticipated, the market was ready for a rally, and SPX obliged with a 32-point bounce which came in three distinct phases and were a display of Fibonacci symmetry. At first, the index retraced .382 of the decline from 2378 before pulling back. The second phase went to .50 before reversing, and finally, the third phase slightly exceed a .618 retracement before ostensibly putting an end to the bounce and tacking on another .618 retracement in the opposite direction. But it did not stop there and the Fibonacci sequence continued to rule the moves into the close. The index ended the week without the indicators telling us clearly that it was ...
Were you looking for more coverage on the outcome of the first round of France’s electoral trial by fire? Probably not. But that’s too damn bad, because it’s going to be coming fast and furious over the next 12 or so hours. If you want a quick snapshot of Street reactions and a cautionary bit about not getting too carried away in what’s like to be a risk-on-ish Monday, you’re encouraged to check out “Crise: “Enjoy The Party Markets, But Beware The Hangover.” We were going to leave it at that for the time being, but then we decided we’d be somewhat remiss if we didn’t give you Goldman’s take which you can find excerpted ...
Public market investors generally invest in two types of securities: common stocks and bonds. Common stocks represent ownership in the underlying company, accompanied by voting rights for issues of corporate importance. Bonds are debt instruments with a fixed coupon payment and predetermined maturity date. Companies issue bonds when they need to raise capital but do not wish to dilute their existing common stockholders. Common stockholders have the most potential upside if a company performs well, but also the most downside if a company goes bankrupt. Common stockholders receive liquidation payments in banktrupcy proceedings after bond...
Votes are being counted in France and they show extreme-right candidate Le Pen is leading with over 25%, with Macron behind with 21%. This is the opposite of the exit polls, which put Macron on top. Update After counting 20 million votes, Le Pen still leads but the gap is smaller: 24.4% against Macron with 22.2%. Fillon is third with 19.6%, so this cements the run-off between Macron and Le Pen. However, this is mostly based on polls that have closed earlier, mostly in rural areas. Macron has more support among voters in cities, especially among younger urbanites. In any case, this still leaves the two candidates in the second round...