$2.04
+0.02 (+0.99%)
STKS News30 articles
Salesforce Gains Ahead of Earnings as Investors Eye AI Monetization
Salesforce shares advanced as markets prepared for a holiday break, with attention turning to the company's upcoming quarterly results and AI strategy.
Honeywell Declares Dividend, CEO Converts RSUs Ahead of Key Conferences
Honeywell International's board declared a $1.19 per share quarterly dividend payable in March, while CEO Vimal Kapur converted 2,742 restricted stock units. The stock rose 0.65% to $241.38 on Friday.
Vodafone Shares Dip Amid Buyback and Bond Program Updates
Vodafone shares declined about 1% in early London trading following announcements of a share buyback and a supplement to its €30 billion bond program.
SLB Shares Decline Amid Oil Price Drop Despite Indonesian Gas Contract
SLB shares dropped 1.8% to $50.64 as oil prices declined, overshadowing new offshore drilling contracts for a deepwater gas project in Indonesia targeting first production by 2028.
Qualcomm Downgraded by Daiwa Amid Smartphone Memory Supply Concerns
Qualcomm stock declined 1.8% after Daiwa Securities cut its rating to neutral with a $140 target, highlighting DRAM supply issues impacting smartphone demand.
HUL Shares Slip Despite One-Time Profit Surge as Core Earnings Decline
Hindustan Unilever's stock fell nearly 4% as a 30% drop in profit from continuing operations overshadowed a 121% headline profit jump driven by a one-off demerger gain.
Nationwide Pioneers Fully Digital Mortgage Signing in UK Market
Nationwide Building Society has launched the UK's first fully digital mortgage signing process, eliminating the need for physical witnesses. The move aims to accelerate property transactions amid industry-wide delays.
Sage Group Hits One-Year Low Amid European Tech Selloff
Sage Group shares fell 1.9% to a one-year low, pressured by a broader downturn in European tech stocks following weak guidance from Dassault Systèmes.
Vodafone Gains on Buyback Momentum and Upgraded Price Target
Vodafone shares advanced as the telecom giant continued its multi-billion euro share repurchase program, while DZ Bank raised its fair value estimate for the stock.
Applied Digital Ties Executive Equity to Hyperscaler Lease Milestones, Shares Volatile
Applied Digital shares experienced significant intraday volatility after an SEC filing revealed performance-based stock awards for top executives tied to securing long-term hyperscaler leases and data center capacity targets.
MIDASX Achieves Cash-Flow Milestone on Strong SaaS Growth, Expands AI Platform
Indian fintech MIDASX reported a 30% year-on-year revenue surge in Q3 FY25-26, reaching cash-flow positivity as its SaaS vertical hit break-even. The firm now connects over 1,750 intermediaries managing more than ₹2.1 trillion in client assets.
Vodafone Gains on Buyback and Egypt Spectrum Investment
Vodafone shares advanced 1.1% as the company disclosed a new share repurchase and a $350 million spectrum acquisition plan in Egypt. Analysts at LBBW raised their price target to 120 pence.
National Grid Shares Hold Steady Amid Regulatory Watch and Infrastructure Milestone
National Grid shares showed minimal movement as the company completed a key grid upgrade project. Investor focus remains on Ofgem's upcoming RIIO-3 license decision and UK interest rate volatility.
DroneShield Stock Surges on Key Executive Appointment Ahead of Financial Results
DroneShield shares climbed 7.3% following the appointment of former Thales Australia executive Michael Powell as Chief Operating Officer. Investors now await the company's FY2025 results, scheduled for release on February 19.
Snowflake Shares Surge as Jefferies Defends AI Position, Calls Selloff Overdone
Snowflake stock climbed nearly 5% in extended trading after Jefferies reaffirmed its bullish stance, dismissing recent AI-related concerns as excessive. Investors now await key inflation data and the company's upcoming earnings report.
Blackstone Rallies on $10B AI Infrastructure Debt Deal Amid Market Focus
Blackstone shares gained 1.2% as the firm leads a $10 billion private credit package for Australian AI infrastructure developer Firmus. Investors are monitoring U.S. economic data for rate clues.
Dow Retreats from 50K Milestone as Investors Await Inflation, Jobs Data
The Dow Jones Industrial Average edged lower Monday after its historic close above 50,000, while the S&P 500 and Nasdaq gained on tech strength. Markets are focused on upcoming inflation and employment reports.
Qualcomm Gains on 2nm Chip Milestone Amid Memory Supply Concerns
Qualcomm shares advanced 0.9% after announcing a key 2-nanometer chip design achievement from its India engineering centers, partially recovering from last week's decline. The company continues to face headwinds from memory chip shortages impacting smartphone production.
Exxon Nears $150 Amid Oil Market Volatility, LNG Project Milestone
Exxon Mobil shares approach $150 as crude prices react to geopolitical talks and supply shifts. The company's Golden Pass LNG terminal is set for first production in early March.
IBM and Meta Expand AI Alliance to Indonesia Amid Adoption Challenges
IBM and Meta have launched their AI Alliance in Indonesia, promoting open-source AI tools and training. Meanwhile, IBM's $11 billion acquisition of Confluent faces regulatory review in Australia.
ASX 200 Surges 1.85% on Tech and Real Estate Rally; Pepper Money Soars on Takeover Offer
Australian shares rebounded sharply Monday, with the S&P/ASX 200 climbing 1.85% to 8,870.1, led by technology and real estate sectors. Pepper Money surged over 30% after receiving a A$1.16 billion takeover bid.
Vodafone Gains on Egypt Spectrum Acquisition Ahead of Key Financial Results
Vodafone shares advanced nearly 2% after its Egypt unit secured new 1,800 MHz spectrum for $100 million, with investors focused on cash flow and upcoming FY26 results.
Challenger Leads $1.16 Billion Bid for Pepper Money, Shares Soar
Pepper Money's stock surged over 33% after receiving a non-binding $2.60-per-share takeover proposal from Challenger and Pepper Group, valuing the lender at A$1.16 billion.
Jardine Matheson Gains in Singapore Amid Indonesia Mine Permit Negotiations
Jardine Matheson shares advanced 1.1% in Singapore trading as Indonesia engages in talks over the revoked permits for the Martabe gold mine, operated by its subsidiary Agincourt Resources.
DroneShield Shares Recover 8.6% Amid Broad Market Rebound
DroneShield Limited's stock climbed 8.6% to A$3.15 on Monday, recovering alongside the ASX 200 after a sharp Friday decline. Investors now await the company's annual report due February 24.
Fortescue Leads Mining Rebound as Cyclone Concerns Linger Over Iron Ore
Fortescue shares climbed 2.6% as the ASX 200 recovered 1.9%, driven by a mining sector rebound and rising copper prices. Investors await half-year results amid cyclone disruptions to Pilbara ports.
Boeing Shares Gain Amid Dow Milestone, Pentagon Review Looms
Boeing stock rose 2.6% as the Dow closed above 50,000 for the first time. Investors await a Pentagon list of underperforming defense contractors that could restrict shareholder payouts.
Goldman Sachs Shares Surge on AI Partnership and Market Milestone
Goldman Sachs stock rose 4.3% as the Dow surpassed 50,000, fueled by an AI automation deal with Anthropic and strong capital markets activity.
Gold Nears $5,000 Milestone After Volatile Surge; U.S. Economic Data Looms
Gold prices surged nearly 4% on Friday, approaching $5,000 per ounce, as the CME raised margin requirements amid heightened volatility. Traders now await key U.S. jobs and inflation reports for direction.
Dow Jones Tops 50,000 Milestone as AI Rally Fuels Record Close
The Dow Jones Industrial Average closed above 50,000 for the first time on Friday, driven by a rebound in chip stocks. Key inflation and jobs data releases have been postponed to next week.