Jan 24, 2017

Year's first tech IPO just got bigger

Dan Primack, Alayna Treene

Daryl Dimalanta / Flickr Creative Commons

AppDynamics, a software company designed to help businesses spot and fix bugs in their applications, will be the first big tech IPO of 2017. The company originally filed to sell shares at $10-$12, but thanks to strong investor demand they're now selling at $12-$14 per share.

Expect to see prices tomorrow night. The company will begin trading Thursday.

Why this matters: 2016 was the slowest year for tech IPOs since the Great Recession. AppDynamics' optimistic IPO indicates that the market expects more companies to go public this year.

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Sara Fischer

Virus vices take a toll on Americans

Illustration: Sarah Grillo/Axios

Americans are doubling down on their worst habits to cope with the mental and emotional stress of the coronavirus pandemic.

Why it matters: The pandemic will have a long-lasting impact on health of the American people, in part due to the habits they will pick up during the weeks and months they are forced to stay home.

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Axios

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3:30 a.m. ET: 1,203,923 — Total deaths: 64,795 — Total recoveries: 247,273 — Map.
  2. U.S.: Total confirmed cases as of 3:30 a.m. ET: 312,237 — Total deaths: 8,502 — Total recoveries: 14,997 — Map.
  3. Public health latest: CDC launches national trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured. The virus is hitting poor, minority communities harder and upending childbirth.
  4. 2020 latest: "We have no contingency plan," Trump said on the 2020 Republican National Convention. "We're having the convention at the end of August."
  5. Business updates: Restaurants step up for health care workers. Employees are pressuring companies to provide protections during coronavirus.
  6. Oil latest: Monday meeting among oil-producing countries to discuss supply curbs is reportedly being delayed amid tensions between Saudi Arabia and Russia.
  7. Education update: Many college-age students won't get coronavirus relief checks.
  8. 1 🏀 thing: The WNBA postpones start of training camps and season.
  9. What should I do? Pets, moving and personal health. Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Keep ReadingArrowUpdated 3 hours ago - Politics & Policy
Axios

World coronavirus updates: Confirmed cases top 1.2 million

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The number of novel coronavirus cases surpassed 1.2 million worldwide Saturday night, as Spain overtook Italy as the country with the most infections outside the U.S.

The big picture: About half the planet's population is now on lockdown and the global death toll was nearing 64,800, by Sunday morning, per Johns Hopkins data.

Go deeperArrowUpdated 4 hours ago - Health