Tag: shares
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CoreWeave shares, bonds headed for steep weekly losses as AI borrowing concerns mount
Oct 16 : CoreWeave’s shares and bonds were headed for steep weekly losses on Friday, as investors grew uneasy about the debt financing behind the AI build-out in the face of rising borrowing costs. The firm’s shares dipped 4.1 per cent in premarket trading on Friday, after jumping 5.9 per cent in the last ses
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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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GameStop CEO Cohen buys shares worth nearly $23 million
Oct 13 : GameStop CEO Ryan Cohen bought about $22.8 million worth of the videogame retailer’s shares, a regulatory filing showed on Tuesday, raising his total ownership to 9.1 per cent. Here are more details:• Cohen bought 844,130 shares between $26.75 and $27 apiece, increasing his stake to 46.2 mil
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Shares slip as oil spikes and bond bashing rumbles on
BOSTON/LONDON/SYDNEY, Oct 8 : Global shares slid on Thursday as strains in sovereign bond markets were aggravated by a jump in oil prices and reports that some major tech firms were seeking to raise billions in debt in direct competition for limited funding.Wall Street got off to a bumpy start, with the S&P 5
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Shares slip as bond bashing rumbles on
LONDON/SYDNEY, Oct 8 : Global shares slid on Thursday as strains in sovereign bond markets were aggravated by a jump in oil prices and reports that some major tech firms were seeking to raise billions in debt in direct competition for limited funding.Wall Street looked set for a bumpy start as the US 10-year
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Shares slip as European bond bashing rumbles on
LONDON/SYDNEY, Oct 8 : Global shares slid on Thursday as strains in sovereign bond markets were aggravated by a jump in oil and gas prices and reports that some major tech firms were seeking to raise billions in debt in direct competition for limited funding.Europe saw renewed selling of French and other heav
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Asia shares slip, bonds submerged in tide of AI debt
SYDNEY, Oct 8 : Asian shares slid on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding.Oil prices jumped anew amid an increase in attacks on shipping in the Gulf and added to the p
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Asia shares subdued, bonds swamped by AI debt wave
SYDNEY, Oct 8 : Asian shares slipped on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding.A fresh rise in oil prices added to the pressure on Treasuries, though a strong auction of
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UK online retailer ASOS shares drop on reports of cybersecurity breach
Oct 6 : Shares in ASOS dropped more than 11 per cent on Tuesday after media reports said customers of the British online fashion retailer received push notifications saying the company was hacked.Reuters could not immediately verify the reports. An ASOS spokesperson said it was aware of the reports but did n
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Mynt opens $844 million Philippine IPO, offers GCash users real-time share allocation
MANILA/HONG KONG, Oct 6 : Philippine fintech firm Mynt began a 53 billion Philippine peso ($844.3 million) initial public offering on Tuesday, offering GCash users the chance to buy shares directly through its app for as little as 660 pesos, the company said in a statement.If a greenshoe option is exercised,
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