Category: Shares
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Squarespace to go private in $6.9B all-cash deal with Permira, shares climb (NYSE:SQSP)
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square area (New York Stock Exchange: SKXP) said Monday it has entered into a definitive agreement with private equity firm Permira, going private in an all-cash deal valued at about $6.9 billion, building out the website and hosting company. Shares rise 13% In early trade. Under conditions Agreement, Squarespace (SQSP)…
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AppLovin shares target raised by BTIG on strong 1Q24 performance By Investing.com
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On Thursday, BTIG revised its outlook on AppLovin Corp (NASDAQ:) shares, increasing the price target to $100 from $87 previously, while reiterating a Buy rating on the stock. The decision comes on the heels of AppLovin’s Q1 2024 results, which exceeded both consensus expectations and higher buy-side expectations, primarily due…
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RingCentral (RNG) Shares Skyrocket, What You Need To Know By Stock Story
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What Happened: Shares of office and call center communications software provider RingCentral (NYSE:) jumped 15.7% in the post-market session after the company reported first-quarter results that beat analysts’ billings, revenue and EPS expectations. Gross margin improved and free cash flow was strong. Looking ahead, revenue guidance for the upcoming quarter…
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Emerson shares inch up on earnings, revenue beat By Investing.com
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street. LOUIS – Emerson Electric Company (NYSE: NYSE:) reported stronger-than-expected second-quarter performance, with adjusted earnings per share (EPS) and revenue beating analysts’ expectations. EMR shares rose 0.9% in pre-market trading. The company reported second-quarter adjusted EPS of $1.36, which beat analysts’ estimates of $1.25. Revenue also beat expectations, coming in…
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Stock market today: Asian shares track Wall St’s advance fueled by cooler jobs data
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Breadcrumb links BMN Business Article writer: Associated Press Zimo Zhong Published on May 6, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content Most Asian stocks rose on Monday after Wall Street ended last…
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Uniswap Founder Shares His Two Cents On Good Token Distributions
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Hayden Adams, founder of the Uniswap protocol, shared his opinion on what makes a good distribution or token offering. In a recent post on Platform Uniswap founder gives an opinion on good token distributions Adams began his view on good token allocations by saying that projects should allocate “tokens, not…
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Magna shares tumble 5% on earnings miss By Investing.com
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Aurora, Ontario – Magna International (NYSE:) Inc. (TSX: MG; NYSE: MGA) reported a significant earnings loss in the first quarter of 2024. The auto supplier reported adjusted earnings per share (EPS) of $1.08, below analyst consensus of $1.25. Despite meeting revenue expectations of $10.97 billion, which was in line with…
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Arthur Hayes Shares His Top Altcoins
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In his latest post dated May 2, 2024, Arthur Hayes, founder of the BitMEX exchange, shared his thoughts on the recent turbulent behavior of the cryptocurrency market and the broader macroeconomic signals shaping potential future trends. Titled “may day“, his article directly addresses the cryptocurrency market, which has seen significant…
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Stock market today: Asian shares advance ahead of US jobs report
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Breadcrumb links BMN Business Article writer: Associated Press Eileen Kurtenbach Published on May 3, 2024 • 3 minute read You can save this article by registering for free here. Or log in if you have an account. Article content Most Asian stocks rose on Friday ahead of a report on…
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European shares slip at open in earnings tide, Fed outcome By Reuters
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(Reuters) – European stocks opened lower on Thursday as investors returned from the midweek holiday to analyze a series of big earnings and the Federal Reserve (US central bank) signaled to postpone interest rate cuts. By 0715 GMT, the euro was down 0.2%, after recording its first monthly decline this…
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Angi Inc. CTO Kulesh Shanmugasundaram sells shares worth over $25k By Investing.com
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(NASDAQ:ANGI) Chief Technology Officer Kulesh Shanmugasundaram recently sold a total of 11,748 shares of the company’s Class A common stock, according to a new filing with the Securities and Exchange Commission. The transaction, which executed on May 1, 2024, was worth more than $25,023, with the shares sold at an…
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Mastercard shares slide on Q1 revenue miss, updated guidance By Investing.com
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Mastercard (NYSE:) shares opened lower on Wednesday after the company printed its fiscal first quarter, reporting worse-than-expected revenue and operating margin. The payments processing giant reported first-quarter earnings per share (EPS) of $3.31, ahead of consensus estimates of $3.24. However, the company’s revenue of $6.3 billion is slightly lower than…
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Morgan Stanley ups Restaurant Brands International shares target on consistent performance By Investing.com
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On Wednesday, Morgan Stanley revised its outlook on Restaurant Brands International (NYSE:) shares, increasing the price target to $86 from $85 previously while maintaining an equal weight rating. The company cited modest and consistent performance across the company’s business segments, both in the top and bottom lines. Restaurant Brands International,…