News

United States Steel: Better-Than-Expected Performance Amidst Challenges

Despite challenges and a decline in the second quarter, United States Steel predicts a positive third-quarter performance exceeding expectations.

Wuxi Drops Home-Purchase Restrictions in Effort to Boost Economy

China's Wuxi eliminates home-purchase curbs, broadens definition of first-time buyers, and reduces mortgage rates to stimulate local economy.

Zenith Energy Signs MOU for Potential Acquisition in Kazakhstan

Zenith Energy has signed an MOU for potential acquisition of an oil production asset in Kazakhstan, aiming to expand its energy production portfolio. This marks...

Instacart Prices IPO at Upper End

Instacart prices IPO at upper end, achieves $9.9 billion valuation. High investor demand expected to stimulate IPO market.

Late-Cycle Stock Sectors to Focus on

Investors should focus on late-cycle stock sectors showing signs of growth and construct a balanced portfolio with defensive growth and late cycle cyclicals.

Arm Holdings Shares Experience Decline After Successful IPO

Arm Holdings experiences decline in shares after IPO despite overwhelming demand, faces challenges in expanding beyond mobile phone market and relies on SoftBan...

TPXImpact Holdings Sells Questers Resourcing and Questers Bulgaria

TPXImpact Holdings sells Questers Resourcing and Questers Bulgaria to Nortal AS for £7.5 million as part of their strategic vision for digital transformation an...

Market Strategist Predicts Mixed Momentum for U.S. Stock Indexes

Market strategist David Rosenberg predicts mixed momentum for U.S. stock indexes, with potential stress in the coming weeks. However, there is optimism for a ye...

Mitek Systems Expects Moderation in Revenue Growth

Mitek Systems sees a decline in shares after announcing a slowdown in revenue growth. The company attributes the decline to timing of deals and the challenging...

Arm Stock Soars After Record IPO

Arm stock is on an upward trajectory following its record-breaking IPO, with significant interest shown by traders. The successful listing has the potential to...