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Will The US Election Outcome Shake Up Markets?
As the US gears up for the 2024 elections, anyone paying attention to financial markets is bracing for an inundation of headlines and pundit speculations. Elections, by nature, provoke discourse and debates on the impact a ch
Astera Labs IPO (ALAB) – Nasdaq Listing to Power AI Revolution in the Cloud
Astera Labs Inc., a Santa Clara-based company focusing on facilitating the integration of artificial intelligence (AI) and machine learning (ML) in cloud environments through semiconductor-based connectivity solutions, announ
ASX & Asian Markets Track Global Markets Higher To End Week
Financial markets across Asia found themselves on an upward trajectory today, as investors took cues from the global optimism that sent Wall Street indices to record levels. The impetus for risk appetite came from a variety o
Rivian Share Price Up More Than 13% In Yesterdays Session. What Is On The Horizon?
California-based electric vehicle manufacturer Rivian Automotive Inc. has heightened competition in the electric vehicle (EV) market by revealing its new R2 SUV and showcasing the upcoming R3 crossover. This strategic move bo
Currys Share Price Fell 2.13% on Kostovolos’ Takeover Approval
Currys PLC (LON: CURY) 's share price fell 2.13% after the Public Power Corporation S.A. officially approved the acquisition of Dixons South East Europe A.E.V.E., the parent company for Currys' operations in Greece and Cyprus
Petrofac Share Price Surged 14% on a $200M Gas Contract Award
Petrofac Ltd (LON: PFC) 's share price surged 14% after it secured an operations agreement with Turkemengas for the Galkynysh Gas Field in Turkmenistan. The deal spans three years and is worth over $200 million and encompasse
Meta Platforms Insider Selling Trend Or The Usual Rebalancing? Let’s Explore
It has been reported that there are some significant insider sales going on with Meta stock (NASDAQ:META), but which insiders are pulling the trigger, and is it really anything outside of the ordinary?
Palantir Stock Price Hits 52Wk High as Mizuho Ups Price Target & Cathie Wood Adds
Following on from Wednesdays coverage of Palantir clinching an army contract, and AIPCon, PLTR continues to push upwards, remaining near the for
Just Group Share Piece Rallied 9.33% on Upbeat FY 2023 Profits
The Just Group PLC (LON: JUST) share price rallied 9.33% after the company released its financial results for the year ended 31 December 2023. The company witnessed a massive 47% increase in underlying operating profit, reach
Frasers Group’s Share Price Fell 2.27% on MATCHES Insolvency
The Frasers Group PLC (LON: FRAS) share price fell 2.27% after the company announced that the directors of MATCHES had agreed to put the company into administration. Frasers acquired Matchesfashion in December 2023 for £50 mi
Cathie Wood’s Ark Invest Cuts Coinbase Holdings And Adds To Palantir
In a move that caught the attention of cryptocurrency and investment communities alike, the Ark Invest fund, led by prominent investor
BNM MPC Holds OPR Rate Steady At 3%. FPMKLCI & Stocks Rise In Approval
In financial markets, interest rates play a critical role in guiding investor sentiment, especially during times of economic uncertainty. Notably, in Malaysia, a significant financial indicator maintained its status quo, lead
PBB Affirms Resilience Amidst U.S. Real Estate Market Turmoil – Shares Up 10% Today
In a move to assuage stakeholder concerns over recent market upheavals, Deutsche Pfandbriefbank (PBB), a leading German property financier with roots dating back to the 1860s, has asserted that it possesses sufficient funds t
Amazon’s Andy Jassy Cashes Out $9 Million Worth of Shares As AMZN Attempts To Regain Highs
In a notable transaction, Amazon CEO Andy Jassy unloaded a significant quantity of the e-commerce giant's shares, cashing in $9 million. The top executive offloaded 50,000 shares on March 4 at an average price of $180 each. T
Rentokil Initial’s Share Price Gapped 16.6% on Its FY 2023 Results
The Rentokil Initial plc (LON: RTO) share price gapped 16.63% on its 2023 financial results release. The Group's revenue saw a significant increase of 45.8%, with Statutory Revenue rising by 44.7%. The Organic Revenue experie
Entain Share Price Fell 9.66% on the Full-Year 2023 Fiscal Results
The Entain PLC (LON: ENT) share price fell 9.66% after the company released its financial results for the 2023 financial year ended 31 December 2023. The company reported that its group Net Gaming Revenue (NGR), including Bet
Victoria’s Secret Delivers EPS Beat, Get’s Analyst Price Target Cut on Revenue Miss (NYSE:VSCO)
Victoria's Secret & Co. (NYSE:VSCO), the renowned lingerie and beauty retailer, has released its fiscal fourth-quarter earnings, posting a profit of $181.1 million. Despite a challenging retail environment, the company's
Strategic Shifts Buffer ITV Against Revenue Downturn – Share Price Reacts Positively
ITV, the U.K.'s renowned commercial broadcaster, has reported a dip in its financial health for the year 2023, with total group revenue receding by 2% and total external revenue declining 3% to £3.6 billion. The broadcaster f
Virgin Money Share Price Soared 37.6% on a £2.9Bn Takeover Offer
Virgin Money UK PLC (LON: VMUK) 's share price soared 37.6% after it was announced that it had agreed to be acquired by Nationwide Building Society for a cash consideration of 220p per share. The agreed-upon price values the
Aviva Share Price Rallied 6.54% on Its Upbeat FY 2023 Results
Aviva plc (LON: AV) 's share price rallied 6.54% after the company released its full-year trading results for the year ended 31 December 2023. The company experienced a robust year of profitable expansion, with notable improv
