Equities Archives - Page 22 of 1061

2 minute read

Ozempic Maker Novo Nordisk Closes In On Lego As Denmark’s Most Valuable Brand: Report

June 12, 12:21 PM

Novo Nordisk is challenging Lego A/S for the title of Denmark's most valuable brand, with its brand value surging 59% to $5.1 billion. This growth is fueled by the global popularity of its weight-loss drugs, Ozempic and Wegovy.

AAPL

1 minute read

Why Infrastructure Company Ferrovial Shares Are Falling Today

By Lekha Gupta

June 12, 12:07 PM

Ferrovial SE sells 5% stake in IRB Infrastructure Developers for 214 million euros in a block deal on NSE and BSE, aligning with its India strategy and retaining 19.9% stake.

EWP

1 minute read

What’s Going On With TV streaming platform Roku’s Shares On Wednesday?

By Shivani Kumaresan

June 12, 11:55 AM

Roku has launched Roku Exchange, a cutting-edge advertising technology solution that seamlessly connects premium ad inventory with advertiser demand. This new platform integrates Roku's extensive advertising capabilities with advanced identity data and AI-driven optimization.

ROKU

4 minute read

How May’s Inflation Slowdown Could Influence Fed’s Next Move: Insights From 6 Economists

By Piero Cingari

June 12, 11:24 AM

Inflation data showed a bigger slowdown than expected, easing concerns about high interest rates before the June FOMC meeting.

SPY

2 minute read

Matador Resources’ $1.9B Deal Expands Oil And Gas Dominance In Texas And New Mexico: Details

By Lekha Gupta

June 12, 10:59 AM

Matador Resources to acquire Ameredev II's oil and gas properties in NM and TX for $1.91B, including 19% stake in Piñon Midstream. Expected to close Q3 2024.

GRPM

2 minute read

Amazon Faces Arbitration From Flex Drivers Demanding Employee Rights: Report

By Shivani Kumaresan

June 12, 10:34 AM

Nearly 16,000 Amazon Flex drivers have filed claims with the American Arbitration Association, alleging they are misclassified as independent contractors. The drivers seek compensation for unpaid wages and work-related costs, including mileage and cellphone use, amid growing concerns over gig economy labor practices.

AMZN

2 minute read

Dell Technologies CEO Cashes In: Michael Dell To Sell 10M Shares Amid AI Boom

By Shivani Kumaresan

June 12, 10:22 AM

Michael Dell, the CEO of Dell Technologies, is poised to sell 10 million shares for about $1.3 billion, potentially marking his largest annual sell-off ever, exceeding his previous record during the 1999 internet bubble.

DELL

2 minute read

Apple, Nvidia, Or Microsoft, Who Will Reach $4 Trillion Valuation First? Top Analyst Lays Out Bull Thesis For Tim Cook’s Company, Predicts Potential 270M iPhone Upgrades

By Rounak Jain

June 12, 10:20 AM

Apart from Apple, Microsoft and Nvidia are the two other frontrunners in the race to $4 trillion market capitalization, according to him.

AAPL

2 minute read

Soft Inflation Data Boosts Small Caps, Real Estate, Regional Banks; Traders Anticipate Fed Rate Cuts As Stocks React

By Piero Cingari

June 12, 10:09 AM

U.S. inflation slowed in May, boosting rate cut prospects. Markets rally ahead of FOMC meeting and assign 70% chance of rate cut in September.

ARRY

2 minute read

Mediatek Developing Arm-Based Chip For Microsoft’s AI Laptops, Threatening Intel’s PC Market Dominance

By Benzinga Neuro

June 12, 10:00 AM

Taiwanese chip design giant MediaTek is reportedly working on an Arm-based personal computer chip for Microsoft Corp. This move could potentially challenge Intel Corp's long-standing dominance in the PC market.

INTC