Oracle Company (NYSE: ORCL) saw a 0.8% increase in its stock price on Thursday, reaching $144.65. Trading volume was lower than the average at 3,560,778 shares. Analysts have given a mix of ratings for Oracle, with some upgrading the price target to $160.00. The company’s recent earnings report showed a slightly lower profit per share … Read more
International Business Machines Co. (IBM) saw a 0.6% increase in its stock price during trading on Tuesday, reaching $176.43 per share. Approximately 564,956 shares were traded, a significant decrease from the average daily volume. Analysts have differing opinions on the company, with some initiating coverage with a “buy” rating and a $200.00 price target, while … Read more
Exchange Capital Management Inc. decreased its ownership stake in Intel Co. (NASDAQ: INTC) by 7.2% during the first quarter, according to a recent 13F filing with the SEC. The firm now holds 13,604 shares of the chipmaker after selling 1,049 shares. Other institutional investors also made adjustments to their positions in the company, with FARMERS … Read more
Exchange Capital Management Inc. raised its stake in Oracle Co. by 6.1% in the first quarter, owning 4,432 shares worth $557,000 at the end of the quarter. Other hedge funds like Invst LLC, Nemes Rush Group LLC, Avidian Wealth Solutions LLC, Sovereign Financial Group Inc., and Godshalk Welsh Capital Management Inc. have also increased their … Read more
The London Stock Exchange Group (LSEG) Capital Markets Business unit has improved its Blue/Green software deployment methodology by utilizing continuous logical database replication. Previously, manual backup and restore processes were time-consuming and involved shutting down the production database to maintain consistency between Blue and Green environments. Logical replication has significantly reduced deployment time by minimizing … Read more
The global Regtech market, which stands for Regulatory Technology, is set to reach a value of $53.34 billion by 2031, with a compound annual growth rate of 23.92%. This growth is primarily attributed to the increasing regulatory complexities faced by industries such as finance, healthcare, and energy. Regtech solutions leverage advanced technologies like artificial intelligence, … Read more
London Stock Exchange Group (LSEG) recently faced the challenge of migrating their 30 PB of Tick History-PCAP data from Wasabi cloud storage. With an additional 60 TB generated daily, LSEG wanted a solution to optimize storage costs, archive older datasets, and provide easier access to market data for their customers. To address this, LSEG turned … Read more
Oracle has introduced a new cloud service called the Oracle Health Insurance Data Exchange Cloud, aiming to assist healthcare insurers in managing evolving data formats and simplifying complex data exchange processes. This innovative solution enables insurers to create custom data validation and mapping rules, speeding up the processing of new and proprietary data formats. It … Read more
Cisco has recently joined the Chicago Quantum Exchange as a corporate partner to advance research in quantum networking. The collaboration will focus on quantum communications and secure quantum networks through Cisco’s Quantum Lab. By leveraging the Chicago Quantum Network, which is one of the longest quantum networks in the U.S., spanning 124 miles and expanding, … Read more
Apache Hudi, originally developed by Uber in 2016, was created to support the growth of the ride-sharing platform by establishing a transactional data lake capable of handling updates efficiently. It is now widely utilized in the industry for building large-scale data lakes, known for its fast incremental updates and robust services layer. By providing online … Read more