Tag: shares fall
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Brookfield-backed Csquare valued at $3.24 billion as shares fall in NYSE debut
July 16 : Brookfield-backed data center provider Csquare was valued at $3.24 billion after its shares fell 0.5 per cent in their NYSE debut on Thursday.Shares opened at $20.9 after the Dallas-based company priced its IPO at $21 per share, below their marketed range of $23 to $27, raising $1.05 billion by sell
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SK Hynix shares fall as much as 4.4% in Seoul after strong Nasdaq debut
SEOUL, July 13 : SK Hynix shares fell as much as 4.4 per cent in early trade on Monday after the world’s leading AI memory chipmaker surged 12.8 per cent in its Nasdaq debut on Friday, following a high-profile U.S. listing.The South Korean memory chip manufacturer raised more than $26 billion by selling Ameri
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Samsung Electronics sees record preliminary 2Q profit but shares fall
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuThe Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics.Joan Cros
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Asian shares fall as Apple’s price hikes dents tech optimism
SYDNEY, June 26 : Asian shares eased from record highs on Friday as hefty price hikes from Apple showed the downside of the boom in chip demand, while only the threat of Japanese intervention kept the yen from hitting 40-year lows. Brent crude futures slipped 0.5 per cent to $74.89 a barrel, having bounced 2
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SpaceX shares fall as post-IPO frenzy loses steam
June 18 : Shares of Elon Musk’s rockets-to-AI firm SpaceX dropped more than 6 per cent on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 6.4 per cent at $179.62, after falling nearly 5 per…
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Energy shares fall as Iran deal lowers Hormuz disruption risk
June 15 : U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end the months-long conflict and reopen the vital Strait of Hormuz.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, Pakista
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CrowdStrike shares fall as ‘Mythos moment’ fails to cheer investors
June 4 : CrowdStrike shares slid 8 per cent on Thursday after the company’s quarterly forecasts failed to meet steep investor expectations, even though demand for cybersecurity software was buoyed after Anthropic announced its Mythos AI model.If the losses persist, the cybersecurity firm’s $190.29 billion mar
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