November 23, 2024 3:16 pm
Chinese tech giant Huawei has set an ambitious target of reaching 100,000 applications on its Harmony operating system within the next 6-12 months. The company’s chairman, Xu Zhijun, announced the goal at a conference on Saturday, emphasizing the need for a robust ecosystem to support the operating system. Huawei’s Harmony OS was launched five years […]
Read moreNovember 23, 2024 2:04 pm
In a significant move to protect consumer rights, Spain’s Consumer Rights Ministry has imposed a total of €179m in fines on five budget airlines, including Ryanair, EasyJet, Vueling, Norwegian, and Volotea. The fines, which are the largest ever issued by the ministry, are a result of an investigation into the airlines’ “abusive practices” such as […]
Read moreNovember 23, 2024 1:28 pm
NI Holdings Inc (NASDAQ: NODK) said on Friday that it had appointed Seth C. Daggett as President and Chief Executive Officer, effective December 1st. Daggett is to succeed Cindy L. Launer, who had been in the role of Interim CEO during the Board of Directors’ search for a permanent CEO. Most recently, Seth Daggett served […]
Read moreNovember 23, 2024 9:11 am
AbbVie Inc’s (NYSE: ABBV) shares have been upgraded to outperform from market perform by Leerink Partners, as the firm noted the recent sell-off in the stock had led to a buying opportunity for market players. “We believe investors can take advantage of the emraclidine setback and election-related downdraft to purchase shares in this high-quality company,” […]
Read moreNovember 23, 2024 8:47 am
The State Bank of India (SBI) share price has experienced a significant boost, rising 4.52% to ₹816.05 on November 22, 2024. This upward trend is in contrast to its peers, with HDFC Bank and Axis Bank experiencing declines, while ICICI Bank and Kotak Mahindra Bank are seeing gains. Technical Analysis From a technical standpoint, SBI […]
Read moreNovember 22, 2024 9:37 pm
The FTSE 100 index surged 1.4% on Friday, capping off a stellar week with a 2.5% gain – its strongest weekly performance since May 7. Meanwhile, the British pound plummeted 0.6% to a six-month low of $1.25105, as disappointing economic data revealed a contraction in UK business output in November and a sharper-than-expected decline in […]
Read moreNovember 22, 2024 1:22 pm
In a significant move to shake up the ad tech landscape, Mediaocean has announced a deal to acquire converged TV advertising company Innovid for approximately $500 million ($3.15 per share). The acquisition, which is expected to close early next year, will see Innovid merge with Flashtalking, a company acquired by Mediaocean in 2021, to create […]
Read moreNovember 22, 2024 11:15 am
Vistra Corp. (NYSE:VST) has reached an all-time high, with its stock price surging 21% in the last 5 days to touch $165.53. This remarkable growth has propelled the company’s market capitalization to $56.69 billion, solidifying its position as a leading player in the energy sector. The company’s impressive performance can be attributed to its robust […]
Read moreNovember 22, 2024 10:50 am
Avnet Inc (NASDAQ: AVT), a global technology distributor and solutions provider, said on Thursday that its Board of Directors had authorized a regular quarterly cash dividend of $0.33 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on December 18th to shareholders of […]
Read moreNovember 22, 2024 10:03 am
Games Workshop’s shares have soared by 15% after the company released a positive trading update. The FTSE 100 firm, known for its popular Warhammer miniature wargames, reported that its trading performance has surpassed expectations over the past two months. This strong showing has led to a significant increase in the company’s share price, with investors […]
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