Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Alteryx hit the public market Friday, closing up 10.7 percent from its IPO pricing on its first trading day.
The data analytics firm was listed on the New York Stock Exchange under the symbol AYX. Shares closed at $15.50 a share on Friday afternoon after rising as high as $17.50.
The 9 million share public offering priced at $14 a share, at the high end of the expected range of$12 to $14 a share.
The Irvine, California-based start-up helps business analysts prep their data, allowing them to rely less on IT and data scientists. It licenses the platform under a subscription-based model to its 2,300 customers.
"We make it really easy for analysts around the world — the citizen data scientist — to become productive in their work," co-founder and CEO Dean Stoecker told CNBC's "Squawk Alley " on Friday. "The analytic process of yesteryear ... is completely broken."
Alteryx has incurred a net loss for the past three years, losing $24.3 million in 2016, according to the latest regulatory filings. But revenue has expanded rapidly, growing from nearly $38 million in 2014 to nearly $86 million in 2016.
The money raised in the IPO will go to the "next chapter" at the company, including jumpstarting growth and potentially making acquisitions, Stoecker said.
Alteryx's offering comes amid a revival of the technology IPO market, which withered over the past few years as more start-ups opted to stay on the private market. IPOs raised $18.8 billion in 2016, down dramatically from 2014's $86.6 billion, according to Renaissance Capital. But the recent IPOs of Snap and MuleSoft have primed the market for a potential uptick.
IPOs have been bolstered by gains in the overall market. There's only been one day this year where the Dow Jones industrial average and S&P 500 indexes have closed down more than 1 percent.
Watch Alteryx ring the opening bell