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AMC Stock Price Rallied 8% After a $325.5M Discounted Fundraise

The AMC Entertainment Holdings Inc (NYSE: AMC) stock price rallied 8% after announcing that it had raised $325.5 million after issuing 40 million new shares priced at $8.14 each. The at-the-market (ATM) equity offering launch

Simon Mugo
Arm IPO: Arm Prices Its IPO Shares at $51, Valuing It at $54.5Bn

Arm is scheduled to start trading on the Nasdaq later today after pricing its IPO shares at $51 each, translating to a market capitalisation of $54.5 billion. The company plans to list at least 95.5 million American depositor

ARM Processor
Simon Mugo
Apple (AAPL) Stock Fell for the Second Day After iPhone 15 Launch

The Apple Inc (NASDAQ: AAPL) stock price fell slightly for the second day after the much-awaited launch of its iPhone 15 smartphones on September 12, 2023. The firm was expected to increase prices but kept them the same, exce

does apple pay dividends 2023
Simon Mugo
Rocket Pharma (RCKT) Stock Soared 37% on FDA Trial Alignment

The Rocket Pharmaceuticals Inc (NASDAQ: RCKT) stock price soared 37.4% after announcing that it had reached alignment with the US Food and Drug Administration (FDA) on a pivotal Phase 2 trial design for its RP-A501 drug treat

Rocket Pharma logo
Simon Mugo
Spirit Airlines (SAVE) Stock Price Fell 4.5% on Lower Q3 Guidance

The Spirit Airlines Inc (NYSE: SAVE) stock price fell 4.51% during premarket trading after lowering its third-quarter guidance to reflect increased promotional activity for travel in the second half and a recent spike in fuel

Spirit Airlines
Simon Mugo
Apple (AAPL) Stock Edged Higher Ahead of Today’s Keynote Event

The Apple Inc (NASDAQ: AAPL) stock price edged 0.34% higher ahead of the planned September keynote event scheduled for 10:00 a.m. Pacific time. The company is expected to reveal its lineup of iPhone 15s, its latest Apple Watc

does apple pay dividends 2023
Simon Mugo
Oracle Stock Price Plunged 10% on Q1 FY2024 Results, Guidance

The Oracle Corp (NYSE: ORCL) stock price plunged 10.3% after announcing the financial results for the first quarter of its 2024 financial year. The company generated total revenues of $12.5 billion, up 9% in US dollars and 8%

Oracle Office1
Simon Mugo
Qualcomm (QCOM) Stock Rose 5.6% on the Apple 5G Chips Deal

The Qualcomm Inc (NASDAQ: QCOM) stock price rose 5.62% after announcing that it had signed a three-year agreement with Apple Inc. to supply Snapdragon® 5G Modem‑RF Systems for smartphone launches in 2024, 2025 and 2026.

Qualcomm Office
Simon Mugo
Instacart IPO: The Grocery Delivery Firm Seeks a $9.3Bn Valuation

Grocery delivery firm Instacart is eyeing a $9.3 billion valuation at its upcoming IPO. The valuation was first leaked by a Sunday exclusive report by the Wall Street Journal, citing people familiar with the matter. The WSJ’s

Instacart logo
Simon Mugo
Alibaba Stock Price Fell Premarket on the CEO’s Abrupt Departure

The Alibaba Group Holding Ltd - ADR (NYSE: BABA) stock price was trading slightly during premarket trading after announcing that its outgoing CEO, Daniel Zhang, would also be stepping down from his role as CEO and Chairman of

Alibaba
Simon Mugo
Intel Corp (INTC) Stock Has Risen 11.3% in a Week – Here’s Why

The Intel Corporation (NASDAQ: INTC) stock price has risen 11.25% during the past week amid a slew of news from the company, including its planned $300 million deal with Tower Semiconductor. The company had previously announc

Intel
Simon Mugo
Why C3.ai (AI) Stock Edged Lower After Weak Q1 FY 2024 Results.

The C3.ai Inc (NYSE: AI) stock price edged lower today, extending yesterday’s losses after the release of its latest quarterly report. The company postponed its target profit date from Q4 2024 to a future date, saying that it

C3.ai logo
Simon Mugo
Marin Software (MRIN) Stock Rallied 46% on HubSpot Integration

The Marin Software Inc (NASDAQ: MRIN) stock price rallied 45.7% after announcing a new and innovative integration with HubSpot, which should improve the results performance marketers get when using the company’s software.

Marin Software Logo
Simon Mugo
Arm IPO: Arm Is Seeking To Raise a Reduced $4.87 Billion in IPO

SoftBank’s Arm is now expected to raise as much as $4.87 billion in its long-awaited IPO, making it the largest IPO of 2023, surpassing the $4.37 billion listing by Johnson & Johnson’s consumer health spinoff Kenvue Inc.

arm-processor
Simon Mugo
Ault Alliance (AULT) Stock Rallied 40% on the $100M Hotels Sale

The Ault Alliance Inc (NYSEAMERICAN: AULT) rallied 40% after announcing that it was selling four newly renovated hotels for about $100 million. The sale is being conducted by its wholly-owned subsidiary, Ault Global Real Esta

Ault Alliance logo
Simon Mugo