Data Analytics

Blockchain analytics firm Chainalysis said it has expanded coverage to include meme cryptocurrency Dogecoin (CRYPTO: DOGE), which is now one of the world’s most popular cryptocurrencies. What Happened: Chainalysis said it made the decision after Dogecoin became the “most frequently...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Learn how alternative data can be used for your business’ benefits Big data has been the backbone of the modern economy for a while...

Palantir Technologies Inc (NYSE: PLTR) hit heavy resistance on June 28 and 29 at $27.47 and subsequently fell into a steep daily downtrend. On Thursday, the big-data analytics company tumbled further but bears failed to drop it through a key support level at $21.04. Palantir has recently attracted...

Cathie Wood-led Ark Investment Management on Wednesday shed more weight in Palantir Technologies Inc (NYSE: PLTR), its second such sale in the data analytics company in recent months.  The investment firm sold 710,825 shares, estimated to be worth about $18.74 million, in the Peter Thiel-...

General Motors Co (NYSE: GM)-backed British automobile data startup Wejo Ltd said on Tuesday it has secured $25 million funding from new investors Microsoft Corp (NASDAQ: MSFT) and Sompo Holdings Inc (OTC: SMPNY). What Happened: The startup, founded in 2014 and led by CEO Richard Barlow,...

The largest U.S. pension fund by assets sold nearly all its investment in Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) and also cut its stake in videogame retailer GameStop Corp. (NYSE: GME) in the recent first quarter, while increasing its holding in Zoom Video...

Cathie Wood-led Ark Investment Management on Wednesday snapped up 2.07 million shares, worth about $39 million, in Palantir Technologies Inc (NYSE: PLTR), on a day the stock reversed the earnings-driven gains of the previous session. Shares of software and analytics tool-making company...

Cathie Wood-led Ark Investment Management on Tuesday snapped up 2.8 million shares, worth about $56.7 million, in Palantir Technologies Inc (NYSE: PLTR) after the data analytics company reported strong earnings on Tuesday. Shares of Palantir, which reported earnings before the market opened, were...

Palantir Technologies Inc (NASDAQ: PLTR) CEO Alexander Karp was paid $1.10 billion last year for his service to the data analytics company. What Happened: The compensation included $797.9 million in stock options and $296.4 million in stock awards —  a hike of 8,990.9%. In 2019,...

In one of 2020's most anticipated IPOs, Palantir Technologies Inc (NYSE: PLTR) went public in September via a direct listing. Shares of Palantir opened for trading at $10 and now trade around $25. Since the IPO, the company has become a perennial favorite of retail traders; Cathie Wood...

Technology and data analytics-driven healthcare management solutions provider HMS Holdings Corp (NASDAQ: HMSY) is exploring feasible options while braving headwinds due to the pandemic outbreak, including a sale, according to Bloomberg.  The company is still holding discussions with...

Sumo Logic Inc (NASDAQ: SUMO) priced its initial public offering above indicted range on Wednesday. What Happened: The cloud-based data analytics company disclosed that it plans to issue 14.8 million shares at an offer price of $22 per share. The common stock will trade under...

Shares of measurement and data analytics company Nielsen Holdings PLC (NYSE: NLSN) lost 10 percent Thursday morning in reaction to a New York Post report. What Happened Nielsen's management said in late 2018 it was considering strategic alternatives, including a sale. One of the...

CB2 Insights, a provider of predictive analytics tools and data-driven software for the cannabis industry, announced plans to expand its business through the acquisition of MedEval Clinic. What Happened MedEval, a medical cannabis evaluation and education center group with locations across Colorado...

Nielsen Holdings PLC (NYSE: NLSN) shares were rallying Monday after The Wall Street Journal reported a notable activist investor firm accumulated a stake in the measurement and data analytics company. What Happened Paul Singer's firm Elliott Management acquired a stake in Nielsen,...