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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
Trainline Stock Price Surged 16% on H1 Results, Share Buyback
The Trainline PLC (LON: TRN) stock price surged 16% after releasing the financial results for the first six months of its 2024 fiscal year, which was the period from 1 March 2023 to 31 August 2023. The rail and coach travel t
Why Vistry Shares Traded Sideways Despite Winning Two Contracts
The Vistry Group PLC (LON: VTY) share price traded sideways after the company announced that it had been selected as the preferred delivery partner on two schemes providing more than 1,500 new homes within the UK. The lacklus
Greatland Gold (GGP) Shares Rallied 8.36% on the Latest Update
The Greatland Gold plc (LON: GGP) share price rallied 8.36% after issuing a corporate update regarding an unsecured standby debt facility of A$50 million (approx. £26 million) signed with cornerstone shareholder Wyloo Consoli
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
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
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
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
Tesco Shares Have Risen 7.55% Since August. Are They a Buy?
The Tesco PLC (LON: TSCO) share price has risen by 7.55% from its mid-August lows to current prices and seems to be headed higher. The move higher has left many investors wondering whether the stock is a buy. In this article,
Aviva Share Price Rose 3.2% on £0.8Bn Singlife JV Stake Disposal
The Aviva plc (LON: AV) share price rose 3.20% after announcing that it was exiting its Singlife joint venture in a deal worth £0.8 billion. The company has agreed to sell its 25.9% stake in Singapore Life Holdings Pte Ltd (S
Mode Global Shares Rally 53% After Name Change to R8 Capital
The Mode Global Holdings PLC (LON: MODE) share price rallied 53% two days after announcing that it had successfully changed its name to R8 Capital Investments Plc. The announcement was made on Tuesday, 12 September 2023.
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%
Fevertree Share Price Fell 7.27% on H1 Results and FY Guidance
The Fevertree Drinks PLC (LON: FEVR) share price fell 7.27% after releasing the interim results for the first half of its 2023 financial year, which ended on 30 June 2023. The company registered 9% year-on-year revenue growth
hVIVO Share Price Surged 10% on H1 2023 Results and Guidance
The hVIVO PLC (LON: HVO) share price surged 10.3% after announcing its interim results for the six months ended 30 June 2023 (H1 2023). The company revealed that its revenues had increased 52% to £27.3 million, compared to £1
KEFI Minerals Share Price Rallied 17.5% on the Tulu Kapi Update
The KEFI Gold and Copper Plc (LON: KEFI) share price rallied 17.5% after revealing that it had gotten some rapid responses from the Ethiopian government regarding the various approvals needed to proceed with its Tulu Kapi Gol
Associated British (ABF) Shares Rose 6.17% on Pre-Close Update
The Associated British Foods plc (LON: ABF) share price rose 6.17% after releasing its pre-close statement for the financial year ending on 16 September 2023. The company revealed that its outlook for the current year was sli
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
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
Here’s Why the Darktrace Share Price Is Up 10.3% in Two Days
The Darktrace PLC (LON: DARK) share price has risen 10.3% in the past two days, driven by yesterday’s upbeat final results for its 2023 financial year. The company generated revenues worth $545.43 million in 2023, marking a 3
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
