Investing

Chinese Data Center Firm Makes IPO

Chinese Internet data center services provider 21Vianet Group Inc. raised $195 million in its iniital public offering yesterday on U.S. markets, selling more shares than planned for a price $2 above the proposed range. Read More

Cloud Stocks Are Big Winners on Wall Street

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It was a breakout quarter for stocks of companies focusing on cloud computing, as a pair of acquisitions boosted several shares across the sector. The top five performers in our quarterly Data Center Investor roundup were cloud computing plays that saw their shares soar by 35 percent or more in the three-month period ending March 31. Read More

Data Center Stocks Gain on Terremark Deal

Leading data center stocks are sharply higher today as investors buy up shares of Savvis (SVVS), Internap (INAP) and Rackspace (RAX) in the wake of Verizon’s $1.4 billion deal to acquire cloud hosting specialist Terremark. Read More

Cramer’s Dismal Data Center Track Record

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Oh boy. Jim Cramer’s talking about data center stocks again. So let’s look at his track record. For all those investors that followed Cramer’s “sell, sell, sell” recommendation in Oct. 2009, here’s what you missed. Read More

Cloud Stocks Take A Beating

Investor disappointment over earnings at F5 Networks (FFIV) spilled over into shares of other companies whose fortunes are tied to the growth of cloud computing, including Rackspace (RAX) and Terremark (TMRK). Read More

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