Tag: shares jump
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Austal shares jump as Hanwha gets more time to bid for US unit
Oct 14 : Australian shipbuilder Austal said on Wednesday it had extended the due diligence period for Hanwha Group, allowing the South Korean conglomerate more time to formulate a formal offer for its US business, sending its shares sharply higher.Here are some details:• Austal said commercial negoti
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Synopsys shares jump on robust growth outlook, OpenAI and AWS deals
Oct 1 : Synopsys shares jumped 10 per cent on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts’ estimates and unveiled deals with OpenAI and Amazon Web Services.At its investor day in New York on Wednesday, the company outlined a long-term growth outlook tha
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Chime shares jump as Stride deal puts fintech on path to bank charter
Sept 9 : Chime shares climbed 7 per cent in morning trading on Wednesday after the fintech firm agreed to buy Stride for $590 million, gaining a bank charter that would allow it to expand its lending business.Over the past few years, Chime has emerged as a major challenger to traditional banking heavyweights,
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Chime shares jump 10% as Stride deal puts fintech on path to bank charter
Sept 9 : Chime shares surged 10 per cent before the bell on Wednesday after the fintech firm agreed to buy Stride for $590 million, gaining a bank charter that would allow it to expand its lending business.Over the past few years, Chime has emerged as a major challenger to traditional banking heavyweights, ch
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Cloudflare shares jump after forecast raise on higher AI-driven spending
Aug 7 : Cloudflare shares rose 16 per cent before the bell on Friday after the cloud services firm raised its annual forecasts, betting that growing enterprise spending on AI infrastructure would drive demand for its networking and security products.The results, reported after markets closed on Thursday, add
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Cloudflare shares jump after forecast raise on AI-driven demand
Aug 7 : Cloudflare shares rose before the bell on Friday after the cloud services firm raised its annual forecasts, betting that resilient AI-driven demand will sustain traffic across its network.Quarterly results of Cloudflare, whose shares were last up 16.2 per cent at $330.51, follow Amazon.com’s strongest
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Snap beats revenue estimates on ad boost from World Cup, shares jump
Aug 3 : Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 9 per cent in extended trading.The social media firm’s focus on direct response ads, de
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7-Eleven owner’s shares jump as Zabka talks burnish Europe expansion push
TOKYO, July 17 : Shares in 7-Eleven owner Seven & i rose nearly 4 per cent in Tokyo on Friday as the firm said it was in talks to buy a stake in Polish convenience store operator Zabka as it seeks new growth drivers after investor pressure over weak earnings.The Japanese retailer is considering acquiring…
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Seven & i shares jump 3% on Zabka stake talks in Europe push
TOKYO, July 17 : Shares in Seven & i rose 3 per cent in Tokyo on Friday as the Japanese retailer said it was in talks to buy a stake in Polish convenience store operator Zabka Group as it seeks new growth drivers following investor pressure over weak earnings. The 7-Eleven owner is considering acquiring…
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Seven & i shares jump 3% on Zabka convenience store stake talks
TOKYO, July 17 : Shares in Seven & i rose 3 per cent in Tokyo on Friday as the Japanese retailer said it was in talks to buy a stake in Polish convenience store operator Zabka Group.The 7-Eleven owner is considering acquiring Zabka shares held by funds, with the investment likely to total several hundre
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