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Norway’s Wealth Fund (GPFG) To Oppose Musk’s Tesla Package
The sovereign wealth fund of Norway, recognized as the largest in the world, has recently announced its decision to vote against the endorsement of Elon Musk's staggering $56 billion compensation package at Tesla. This develo
Adani Enterprises Share Price (NSE: ADANIENT) Up After Strong Airport Arm Results
Shares of Adani Enterprises Limited showed a robust increase in early trade on Monday, climbing over 2%, following the announcement of impressive performance by its airport arm, Adani Airport Holdings Limited (AAHL), for the
GSK’s RSV Vaccine Approved By FDA For High-Risk Adults in Expanded Age Range
GSK's (LON: GSK) RSV vaccine, Arexvy, has been approved by the FDA for use in adults aged 50-59 who are at increased risk of severe RSV outcomes, the company said late Friday.
Boeing Faces Tougher FAA Oversight
Last week, Boeing, the aerospace giant, was brought to the fore by the Federal Aviation Administration (FAA) to detail a new roadmap which aims to overhaul its safety culture. This process has become an essential measure for
Nazara Tech Shares (NSE: NAZARA) – Strong Week On Acquisition News
Shares of Nazara Technologies Ltd. (NSE: NAZARA) experienced a significant surge after its U.S. subsidiary Absolute Sports Inc. announced the acquisition of Soap Central, an established U.S. entertainment content website. The
Salesforce Launches AI Hub in London – CRM Stock Up 10.75% This Week
Salesforce (NYSE:CRM) has announced the establishment of its first artificial intelligence (AI) centre in London. This new hub signifie
Docusign (NASDAQ: DOCU) Adds To Enterprise Software Stocks Under Pressure
In recent times, the enterprise software industry has been going through a rough patch, with some of the sector's leading players experiencing significant declines in their stock prices. Docusign shares (NASDAQ:DOCU) trade do
Down 36.08% YTD, Lululemon Earnings Surpass Expectations
Lululemon Athletica (NASDAQ: LULU), a renowned name in athletic and lifestyle apparel, has posted a significant revenue increase in the first quarter of the year. For industry watchers and investors, the confirmation of over
KOSPI Index Turns Positive Through 2024 After 2.44% Gains This Week
After adding 2.44% to the index value this week, the KOSPI has turned green on the year, now trading up 1.98% after earlier struggles. The index looks set to remain within the emerging markets bracket, as the previous issues
Nvidia 10-for-1 Stock Split (NVDA) Comes After Close, Ex Dividend Date Looms
Nvidia (NASDAQ: NVDA) is set to execute a 10-for-1 stock split after the market closes today, with the resumption of trading on Mond
VIX Index Gains in Recent Sessions – Levels Still Within Usual Range
A noteworthy rise in the CBOE Volatility Index (VIX Index) has taken place over the past couple of weeks following a significant decline. The VIX, often referred to as the market's "fear gauge," has seen an increase of 7.8% o
Robinhood (NASDAQ: HOOD) Pops To 52 Week Highs On Bitstamp Crypto Acquisition News
In a move indicative of the burgeoning interest in cryptocurrency markets, Robinhood Markets Inc has disclosed its intentions to acquire Bitstamp, one of the oldest global cryptocurrency exchanges. With a transactional value
UK House Prices ‘Static’ in May, But Stability Should Instil Confidence – Halifax
Halifax said May 2024 house prices were "static," edging slightly lower from April. In its House Price Index, Halifax revealed average house prices were stable during the month, down just -0.1% to £288,688, from £288,862 the
Bellway Shares (LON: BWY) Up Early As Firm Raises Average Selling Price Outlook
Bellway plc (LON: BWY) reported a positive trading update for the period from February 1 to June 2, 2024, indicating stronger demand and an improved outlook for the housebuilder. The Bellway share price has traded up on the g
B&M Revenue Rises 10%, ‘Volume Driving Profitable Growth’
Discount retailer B&M European Value Retail (LON: BME) reported Wednesday that FY24 revenue rose 10.1% to £5.5 billion for the financial year ending March 30th, 2024.
Why were Riot Platforms Shares (NASDAQ: RIOT) Down?
Kerrisdale Capital, a well-known short seller, announced early yesterday that it had taken a bearish stance on Riot Platforms (NAS
Amazon Expands in India with MX Player Acquisition
Amazon (NASDAQ:AMZN), the global e-commerce and cloud computing giant, has announced it has entered into an agreement to acquire specific assets of MX Player, an Indian video streaming service. This strategic move aims to bol
Meta Shares Look Set To Take Out $500 But Facing EU Backlash Over AI Data Practices
Coming off the back of a very strong day for Meta stock (NASDAQ: META), adding 3.79% on the day, comes further scrutiny from Europe. Shareholders will be hoping that this does not derail the momentum that has seen the stock a
Deutsche Bank Optimistic on Rio Tinto Amid Copper Rally
In a recent update, Deutsche Bank has adjusted its target for shares in global mining giant Rio Tinto (LON : RIO), as copper prices experience a robust surge. The target for
LON: BPT – Bridgepoint Chair William Jackson to Exit
Bridgepoint Group (LON: BPT), a prominent asset manager, has announced a significant shift in its leadership as founder and outgoing chair William Jackson prepares to step down from his role on the board this summer. Jackson,