Midday movers: AMD, Alphabet, and more
(Updated - December 7, 2023 12:13 PM EST) Investing.com - Main U.S. indexes were higher on Thursday as enthusiasm surrounding artificial intelligence returned after Google’s parent released...
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Laurentian Bank earnings fall amid restructuring costs
QUEBEC - Laurentian Bank of Canada has reported a significant drop in its fourth-quarter profits, primarily due to restructuring charges and a costly computer outage. The Quebec-based bank's...
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Stocks could be in 'panic' mode in 2024, warns JPMorgan
JPMorgan analysts offered fresh comments about the outlook for financial markets for the next year. The famous strategists anticipate “another challenging year for market...
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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.07%
Investing.com – U.K. equities were lower at the close on Thursday, as losses in the Mobile Telecommunications, Fixed Line Telecommunications and Automobiles & Parts sectors propelled shares...
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Suraj Estate Developers to raise Rs 400 crore in Mumbai IPO
MUMBAI - Suraj Estate Developers, a prominent real estate firm based in Mumbai, is set to launch its initial public offering (IPO) on December 18, with the goal of raising Rs 400 crore. The...
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India Shelter Finance set for IPO, targeting Rs 1200 crore
GURUGRAM - India Shelter Finance Corporation (ISFC), a Gurugram-based company specializing in home loans for urban households, is poised to launch its Initial Public Offering (IPO) with the...
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AMD stock jumps on new AI chip launch and market forecast
SANTA CLARA - Shares of Advanced Micro Devices (NASDAQ:AMD) soared today as the company unveiled its new MI300x AI accelerator, setting an ambitious sales target for the next year and...
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General Motors joins with Autocar Industries to build heavy-duty hydrogen vehicles
General Motors (NYSE:GM) and Autocar Industries announced Thursday that the two company’s have agreed to collaborate on creating hydrogen-fueled heavy vehicles utilizing GM's fuel cell unit,...
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Manila Water secures P10 billion loan for capital projects
MANILA - Manila Water Co. Inc has fortified its financial foundation by securing a substantial P10 billion loan from Metropolitan Bank and Trust Co. This strategic move is aimed at funding a...
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First charter flight from Uzbekistan lands in Goa
Panaji, Dec 7 (IANS) The first charter flight from Uzbekistan landed at Mopa airport in Goa on Thursday.On the arrival of Centrum Air Q6 5545 flight, Minister for Tourism, Rohan Khaunte...
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Zoom Video Communications expands AI features and introduces new pricing tiers
SAN JOSE - Zoom Video Communications (NASDAQ:ZM) has enhanced its Customer Experience (CX) suite with artificial intelligence capabilities and rolled out a new tiered pricing strategy....
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Atlantic Union Bank hit with $6.2M fine over overdraft fees
RICHMOND - Atlantic Union Bankshares (NYSE:AUB) Corporation has reached a settlement with the Consumer Financial Protection Bureau (CFPB), agreeing to pay a $1.2 million fine and refund over...
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Biogen rises on new Best Idea at TD Cowen, upgrade at Raymond James
Biogen (NASDAQ:BIIB) shares rose 1.6% on Thursday after at least two analysts weighed in positively on the outlook for the biotech giant.Raymond James analysts upgraded the rating to...
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US retail investors are sitting out latest stocks rally
New York, Dec 7 (IANS) The S&P 500 index in November notched its best monthly performance this year, snapping a three-month streak of steep losses as Wall Street became optimistic that the...
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Over 1,000 VW workers sign union cards in Tennessee
The United Auto Workers (UAW) union revealed Thursday that more than 1,000 Volkswagen factory workers at the automaker’s Chattanooga, Tennessee assembly plant have signed union authorization...
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Dollar General reports Q3 revenue rise, profit dip
GOODLETTSVILLE - Dollar General Corporation (NYSE:DG) announced a 2.4% increase in third-quarter revenue to $9.69 billion, despite a 1.3% decline in same-store sales and a drop in gross...
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Chargepoint up 6.5% after missing 3Q EPS by 13c
ChargePoint Holdings (NYSE:CHPT) saw a 6.5% increase in its stock Thursday morning, even as the EV charging company reported a 3Q miss.Rivian's 3Q revenues hit $110 million, marking a 12%...
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JPMorgan appoints Chad Tredway to lead Americas real estate sector
NEW YORK - JPMorgan (NYSE:JPM) has announced the appointment of Chad Tredway as head of its asset-management real estate sector for the Americas, according to a report by Bloomberg. This...
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Presstonic Engineering set to raise Rs 23.3 crore in IPO on BSE SME platform
MUMBAI - Presstonic Engineering, an Indian supplier of rolling stock and signalling products to global and domestic OEMs, is gearing up for its initial public offering (IPO) on the BSE SME...
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AAR CORP extends Alaska Airlines MRO agreement to 2030
OKLAHOMA CITY - AAR CORP (NYSE: NYSE:AIR) has announced the extension of its airframe maintenance, repair, and overhaul (MRO) service agreement with Alaska Airlines, reinforcing a...
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Rivian gains as Stifel initiates coverage of EVs
Shares of electric vehicle maker, Rivian (NASDAQ:RIVN) jumped nearly 4% in pre-market trading Thursday morning after Stifel initiated coverage of the company with a Buy rating and a 12-month...
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Nio Inc considers further job cuts amid financial strain
SHANGHAI - Chinese electric vehicle (EV) maker Nio Inc (NYSE:NIO) may be planning for additional workforce reductions, reports Bloomberg. This follows an earlier 10% cut, as the company...
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Mach Natural Resources reports robust Q3 earnings
HOUSTON - Mach Natural Resources LP, an emerging player in the energy sector, revealed a Q3 net income of $94 million and an Adjusted EBITDA of $140 million from post-merger operations....
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SoftBank may sell Zomato shares worth Rs 1,125 cr: Report
New Delhi, Dec 7 (IANS) Japanese investment giant SoftBank is likely to sell shares of online food delivery platform Zomato (NS:ZOMT) worth $135 million (about Rs 1,125.5 crore) via a...
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SAT sets aside SEBI order restraining IIFL Securities from taking new clients
New Delhi, Dec 7 (IANS) The Securities Appellate Tribunal (SAT) has set aside the Securities Exchange Board of India (SEBI)’s order restraining IIFL Securities from taking new clients for a...
