| Date | Time | Source | |
| 09/17/2024 | 6:40AM | IHMARKETNEWS | Microsoft Boosts Share Buyback, Raises Dividends by 10%, Intel Secures Chip Deal with Amazon
Microsoft (NASDAQ:MSFT), Vodafone (NASDAQ:VOD) – Microsoft announced a new stock buyback program of up to $60 billion and a 10% increase in its quarterly dividend to $0.83. The company plans to hold its annual shareholders’ meeting on December 10. Additionally, Microsoft revealed that Vodafone signed a significant... More...>> |
| 09/16/2024 | 6:03AM | IHMARKETNEWS | Intel Secures $3.5 Billion Subsidy, Stellantis Backs EU Emissions Targets, BP and Apollo Reach $1 Billion Deal
Intel (NASDAQ:INTC) – Intel secured up to $3.5 billion in federal subsidies to manufacture semiconductors for the U.S. Department of Defense. This information was disclosed by Bloomberg News after the company signed a binding agreement with U.S. authorities. Shares rose 3.7% in pre-market trading after closing up... More...>> |
| 09/11/2024 | 6:25AM | IHMARKETNEWS | GameStop plunges 11% on stock offering, DJT drops post-debate, GSK fails shingles vaccine trial
GameStop (NYSE:GME) – GameStop announced an offering of up to 20 million shares. In Q2, GameStop reported revenue of $798.3 million, compared to $1.16 billion in the same period last year. Net income was $14.8 million (4 cents per share), while the prior year showed a $2.8 million loss (1 cent per share). Analysts... More...>> |
| 09/10/2024 | 6:02AM | IHMARKETNEWS | Apple Loses EU Dispute; Google’s $2.7 Billion Fine Upheld; Oracle Shares Surge 9%
Apple (NASDAQ:AAPL) – The European Court of Justice ruled against Apple in a tax case regarding benefits received in Ireland, potentially leading to the recovery of up to $14.4 billion in back taxes. This decision follows a long dispute beginning in 2014 with an EU investigation. Apple launched the iPhone 16 yesterday... More...>> |
| 09/05/2024 | 6:11AM | IHMARKETNEWS | Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing
Qualcomm (NASDAQ:QCOM) – Qualcomm, in collaboration with Samsung and Google, is developing mixed-reality glasses that connect to smartphones, offering a lighter, more portable alternative to Apple’s bulky headsets. Qualcomm CEO Cristiano Amon hopes these glasses will provide new experiences and expand the mixed-reality... More...>> |
| 09/04/2024 | 2:00AM | BW | Digital Money, including Tokenized Deposits, on the Uptick as Traditional and Digital Assets Converge, Citi Survey Shows
65% of respondents in Citi’s latest Securities Services Whitepaper plan to use non-CBDC options to support digital securities settlements by 2026 Regulatory clarity (77%) and Interoperability between networks and wallets (47%) are the top dependencies in enabling the widespread use of digital assets The T+1 transition... More...>> |
| 08/30/2024 | 6:00AM | IHMARKETNEWS | Intuitive Machines Soars 18% on NASA Contract, Intel Considers Splitting Operations, Dell Reassesses Selling SecureWorks
Intuitive Machines (NASDAQ:LUNR) – NASA awarded Intuitive Machines a $116.9 million contract to deliver six payloads to the lunar south pole. This marks the company’s fourth contract under NASA’s Commercial Lunar Payload Services initiative, with the second lunar mission in final assembly stages. Shares are up... More...>> |
| 08/28/2024 | 4:15PM | BW | Citigroup Announces Full Redemption of Series U Preferred Stock
Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series U Depositary Shares representing interests in its 5.000% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series U (the “Preferred Stock”). The redemption date is September 12, 2024 for the Preferred Stock and... More...>> |
| 08/26/2024 | 8:58AM | IHMARKETNEWS | IBM Closes China Research Division, Uber Fined $324M, Starliner to Return Without Astronauts
International Business Machines (NYSE:IBM) – According to the South China Morning Post, IBM has closed its R&D operations in China, laying off over 1,000 employees due to geopolitical tensions. The company shut down its labs in Beijing, Shanghai, and Dalian but stated that it will continue to support customers... More...>> |
| 08/22/2024 | 5:37AM | IHMARKETNEWS | Schwab and Snowflake Retreat in Premarket, WeRide Postpones IPO, Halliburton Cyberattack, McDonald’s Instagram Hack
Toronto Dominion Bank (NYSE:TD), Charles Schwab (NYSE:SCHW) – Canada’s TD Bank Group has set aside an additional $2.6 billion to cover penalties from U.S. regulatory investigations into deficiencies in its anti-money laundering (AML) program. To offset this cost, it will sell part of its stake in Charles Schwab... More...>> |
| 08/21/2024 | 8:12AM | IHMARKETNEWS | Walmart Sells JD.com Stake, Microchip Suffers Cyberattack, Union Pacific Warns of Strike in Canada, and Latest News
Walmart (NYSE:WMT), JD.com (NASDAQ:JD) – Walmart intends to raise up to $3.74 billion by selling its 5.19% stake in the Chinese e-commerce company JD.com. They are offering 144.5 million shares between $24.85 and $25.85 each, with Morgan Stanley as the broker. The sale aims to focus resources on the company’s... More...>> |
| 08/15/2024 | 6:05AM | IHMARKETNEWS | Google Mandated to Modify Play Store, Apple Innovates, Victoria’s Secret Hires CEO, Mars Buys Kellanova
Alphabet (NASDAQ:GOOGL) – A U.S. judge plans to force Google to allow Android users to download apps from sources other than the Play Store after a favorable antitrust ruling for Epic Games. The decision will be clear but won’t detail daily management. Google argues this will harm security and competition... More...>> |
| 08/15/2024 | 6:05AM | IHMARKETNEWS | Google Forced to Modify Play Store, Apple Innovates, Victoria’s Secret Hires CEO, Mars Buys Kellanova
Alphabet (NASDAQ:GOOGL) – A U.S. judge plans to force Google to allow Android users to download apps from sources other than the Play Store after a favorable antitrust ruling for Epic Games. The decision will be clear but won’t detail daily management. Google argues this will harm security and competition... More...>> |
| 08/13/2024 | 5:43AM | IHMARKETNEWS | Dell Stock Slide Offers Opportunities; Trump and Musk hold talks on X; GM Restructures China Operations, and More
Dell Technologies (NYSE:DELL) – Dell Technologies’ shares have plummeted nearly 50% since May, driven by concerns over profit margins and Intel’s struggles. Melius Research analyst Ben Reitzes believes that despite the decline, Dell’s stock could present a buying opportunity, particularly if the... More...>> |
| 08/12/2024 | 5:46AM | IHMARKETNEWS | Starbucks Rises 3%; Disney Unveils New Films and Expansions; Uber CEO Questions Tesla Robotaxi Viability, and More
Starbucks (NASDAQ:SBUX) – Activist fund Starboard Value has acquired a stake in Starbucks and wants the company to take steps to boost its stock price. The size of the stake and specific demands were not disclosed. Starboard has not yet made formal demands. Shares rose 2.9% pre-market. Walt Disney (NYSE:DIS) –... More...>> |
| 08/09/2024 | 5:44AM | IHMARKETNEWS | TSMC July Revenue Surges 45%, Nasdaq Accelerates Penny Stock Delistings, Moody’s Downgrades Intel to BAA1, and More
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) – TSMC’s revenue rose 45% in July, indicating strong demand for AI chips, with sales reaching NT$ 256.95 billion. Analysts expect 37% growth in the third quarter, but concerns about future technology and the global economy affected the company’s stock... More...>> |
| 08/07/2024 | 5:47AM | IHMARKETNEWS | Joby Aviation Seeks Australian Certification, Arcadium Lithium Projects Suspended Due to Oversupply, and More
Arcadium Lithium Plc (NYSE:ALTM) – Arcadium Lithium will suspend or delay two of its four expansion projects due to a global oversupply and prolonged lithium price decline. The company revised the project timeline in Argentina and is considering bringing a partner for the Galaxy project in Canada. The changes will... More...>> |
| 08/06/2024 | 5:44AM | IHMARKETNEWS | Google Faces Antitrust Ruling; SunPower Files for Bankruptcy and Business Sale – Latest Business News
SunPower (NASDAQ:SPWR) – SunPower filed for Chapter 11 bankruptcy in the US and sold part of its business to Complete Solaria for $45 million. Complete Solaria will acquire Blue Raven Solar, New Homes segments, and SunPower’s non-installing dealer network. The company listed its assets and liabilities between... More...>> |
| 08/05/2024 | 5:43AM | IHMARKETNEWS | Nvidia AI Chip Delays, Mars Eyes Kellanova Acquisition, Berkshire Hathaway’s Cash Surge to $277 Billion
Nvidia (NASDAQ:NVDA) – According to Reuters, design flaws could delay the launch of Nvidia’s new AI chips by up to three months, affecting customers like Meta, Google, and Microsoft. The Blackwell series, succeeding the Grace Hopper Superchip, faces production issues, impacting orders from these major companies... More...>> |
| 08/01/2024 | 9:00AM | BW | Citi Appointed as Depositary Bank for NIP Group Inc.’s ADR Program
Citi Issuer Services, acting through Citibank, N.A., has been appointed as depositary bank by NIP Group Inc. (“NIP”) for its American Depositary Receipt (“ADR”) program. NIP is a leading Chinese esports organization with an expansive global footprint that spans Asia, Europe, and South America. NIP’s American... More...>> |