Ripple Labs To Buy Back $700M In Shares At $175 Each
Ripple Labs unveils a $700M share buyback at $175 per share, raising questions about a possible delay in its long-awaited initial public…
Ola Electric Complaints rise, Stock falls, Market Share Slips
Ola Electric’s stock declines as customer complaints increase and market share diminishes, raising concerns about the company’s…
Jumia Sells $99.6M in Secondary Shares
Jumia, a leading African e-commerce company, completed the sale of $99.6 million in secondary shares, marking a significant financial…
Arm Stock Falls 11% on Tepid AI Outlook
On Wednesday, Arm’s conservative sales prediction caused a stock selloff as investors were concerned that AI computing spending would…
CrowdStrike Shares Fall 13% After IT Outage
After Wall Street analysts downgraded CrowdStrike stock on Monday due to financial concerns from a global cyber outage last week, shares fell…
CrowdStrike Shares Drop 15% After Major Outage
Shares of CrowdStrike fell 15% after a defective update caused a major outage, impacting global IT systems, while Microsoft, also affected,…
Nvidia Investors Face Stock Portfolio Dilemma
Large positions in artificial intelligence darling Nvidia have increased portfolio managers’ gains this year, but if the…
Firms Unveil Swap-Based Bitcoin ETF Options
Options on newly introduced leveraged instruments that mirror bitcoin’s spot price via derivative swaps began trading on Thursday, a…
TCS Shares Surge on Q1 Results
After India’s leading IT services provider reported first-quarter earnings that showed early hints of resurgence for a sector struggling…
Samsung Shares Hit 3-year High on Strong AI Demand
Samsung’s stock rose 2.24% to 86,500 won on Friday after a Q2 profit forecast of 10.4 trillion won, surpassing estimates due to high…
Revolut Values thier $500 Million Worth of Shares at $40 Billion
European private startup Revolut is seeking to sell $500 million worth of company shares for a total value of up to $40 billion.…