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September 11, 2023
Retail traders getting their first bite at Arm Holdings highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned...
September 8, 2023
Shares of U.S. home furniture retailer RH dropped more than 15% on Friday after the company warned that slower quarterly sales would result in disappointing revenue. RH after the closing...
September 8, 2023
By Chibuike Oguh NEW YORK (Reuters) - Shares of U.S. home furniture retailer RH dropped more than 15% on Friday after the company warned that slower ...
September 7, 2023
US investors are awaiting a slew of initial public offerings (IPO) in coming months, hoping to ride the recent rally in equity markets. British chip-designer Arm Holdings, owned by Japan's Softbank Group, launched what is expected to be this year's biggest IPO that could raise about $5 billion and value the company at as much as $52 billion.
September 1, 2023
Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence and stabilizing demand for computer...
September 1, 2023
Dell, on track for its biggest ever daily percentage gain, is up more than 70% for the year-to-date. "Results and guidance corroborated the improving order trends in the broader enterprise vertical" said JPMorgan analyst Samik Chatterjee, in a research note. Dell added to evidence of this trend from CDW Group, Cisco Systems and Hewlett Packard Enterprises, according to the analyst.
August 31, 2023
Shares of CrowdStrike Holdings Inc and Okta Inc each gained more than 10% on Thursday after both cybersecurity firms reported better-than-expected quarterly results, driven by strong demand for their...
August 31, 2023
Shares of CrowdStrike Holdings Inc and Okta Inc each gained more than 10% on Thursday after both cybersecurity firms reported better-than-expected quarterly results, driven by strong demand for their products. CrowdStrike beat estimates when it reported late on Wednesday that its revenue jumped 37% to $731.6 million while adjusted net income more than doubled to $180 million in the second quarter on strong growth in subscriptions to its cloud-based data and identity protection services. Strong...
August 31, 2023
By Chibuike Oguh NEW YORK (Reuters) - Shares of CrowdStrike Holdings Inc and Okta Inc each gained more than 10% on Thursday after both cybersecurity f...
August 30, 2023
Here is a list of stocks and sectors that could be impacted by the storm: POWER Idalia has so far caused more than 140,000 homes and businesses to lose power in Florida. An early news briefing by Florida Governor Ron DeSantis was interrupted for a few seconds by a power cut. Shares of NextEra Energy, which owns the Florida Power & Light Company, the state's largest utility, fell 0.52 $67.15.