Tag: fast
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Glazer family members studying Manchester United stake sale, Bloomberg News reports
June 3 : Some Glazer family members have been debating whether to sell their stake in Manchester United FC after more than two decades of ownership, Bloomberg News reported on Wednesday, citing people familiar with the matter.Several stakeholders in the Glazer family have been studying the possibility of dive
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Broadcom’s second-quarter revenue misses estimates as competition bites
June 3 : Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday, as increased competition in the custom semiconductor market hurt gains from its AI chips, sending its shares down more than 11 per cent in extended trading.Second-quarter revenue came in at $22.19 billion, missing estim
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CrowdStrike reports higher operating expenses as AI investments gain pace
June 3 : CrowdStrike reported a 15 per cent jump in its first-quarter operating expenses on Wednesday, as the cybersecurity company ramps up investments in AI and product development.Shares of the company fell 8 per cent in extended trading.Here are some details: • CrowdStrike expects 2027 rev
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SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
NEW YORK, June 3 : SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its
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Mourinho lined up for Real return if Perez wins election
MADRID, June 3 : Jose Mourinho will return to manage Real Madrid if Florentino Perez wins the club’s presidential election on Sunday, the sitting president confirmed on Wednesday as he campaigns for another term at the helm of the LaLiga club.Perez, facing renewable energy entrepreneur Enrique Riquelme in the
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NASA announces end of long-operating Mars probe’s mission
WASHINGTON, May 29 : NASA announced on Tuesday the end of the mission of its MAVEN spacecraft, which spent more than 11 years orbiting Mars to study the atmosphere of Earth’s planetary neighbor, after losing contact with the robotic probe six months ago.MAVEN, short for Mars Atmosphere and Volatile Evolution,
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Arnaldi through to semi-finals as fellow Italian Berrettini retires injured
PARIS, June 3 : Matteo Arnaldi came out on top in an all-Italian clash at the French Open to reach his maiden Grand Slam semi-final after his opponent Matteo Berrettini retired injured while trailing 7-5 5-2 on Wednesday.Berrettini, who needed a medical time out for what appeared to be hip pain after three ga
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Exclusive-Honeywell’s Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says
June 3 : Honeywell’s Quantinuum raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, a source familiar with the matter said on Wednesday, as investors flocked to one of the market’s fast-growing emerging technology sectors.Broomfield, Colorado-based Quantinuum sold 28 m
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Trading Day: War clouds and tech wobbles
ORLANDO, Florida, June 3 : Escalating tensions in the Middle East and a wave of profit-taking in AI and tech shares cast a long shadow over markets on Wednesday, depressing the price of stocks and bonds while lifting the dollar and oil. In my column today, I look at why Japan may be “in the…
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Algeria score late to upset Dutch with surprise away win
ROTTERDAM, June 3 : Winger Anis Hadj Moussa scored on his home ground to give Algeria a surprise 1-0 away win over the Netherlands in their World Cup warm-up on Wednesday.Hadj Moussa, who plays for Dutch club Feyenoord, cut in off the right wing and struck a powerful shot into the far corner four minutes…
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