Tag: shares slip
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Tata shares slip as trusts’ proposal clouds Tata Sons listing prospects
Sept 29 : Tata group shares fell on Tuesday after the controlling charities proposed a restructuring of the holding company to prevent a central-bank-mandated listing, disappointing some investors.A group of Tata charities collectively known as Tata Trusts on Monday proposed merging two group entities with Ta
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Shares slip in Asia as oil climbs, rate hikes loom
SYDNEY, Sept 14 : Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week.Brent climbed 3 per cent as new strikes on Saudi Arabia and on ships in the Gulf tested nerves,…
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Shein shares slip on second day of Hong Kong trading
HONG KONG, Sept 2 : Shares of Shein are set to open down 0.45 per cent in Hong Kong on Wednesday at HK$48.28, a day after their lacklustre debut session following a long-awaited initial public offering.The online fast-fashion retailer’s stock tanked by as much as 10 per cent on Tuesday but recovered to close
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Marvell beats forecasts, shares slip as growth outlook underwhelms
Aug 27 : Marvell Technology forecast quarterly revenue above estimates on Thursday, but failed to meet lofty investor expectations after a sharp AI-fueled rally in its shares. The Santa Clara, California-based company’s shares fell nearly 3 per cent in extended trading. They have nearly tripled in value so fa
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SpaceX shares slip as lockup expiry adds to post-IPO woes
Aug 6 : SpaceX shares fell on Thursday, as investors braced for a potential bout of insider stock sales that could heap fresh pressure on a company already enduring a bumpy ride since listing.The shares were last trading down 1.3 per cent at $106.45. When a company goes public, certain shareholders – t
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Short sellers notch $15.5 billion profit as SpaceX shares slip -Ortex
NEW YORK, July 23 : Short sellers targeting SpaceX shares are sitting on an estimated $15.5 billion in paper profit since the rockets-to-AI firm’s mid-June initial public offering, as its stock slipped below the IPO price, according to data through Tuesday from analytics firm Ortex Technologies.Short sellers
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Shares slip in Asia as oil jumps on Gulf attacks
SYDNEY, July 13 : Share markets slipped in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar gained with bond yields as investors nudged up the chance of a hike in intere
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Asian shares slip as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.While there were no new developments in the fracti
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