EngageSmart to be Acquired by Vista Equity Partners
Shares of EngageSmart, the business-software company, surged by 12% to reach $22.61 in premarket trading on Monday. The jump came after the announcement that it is set to be purchased…
Kering to Report Third Quarter Revenue
Kering, the owner of luxury brands such as Gucci and Yves Saint Laurent, is set to release its revenue for the third quarter on Tuesday. Let's take a closer look…
European Stocks Experience Minor Decline
European stocks saw a slight decrease on Monday, with the Stoxx Europe 600 index closing down 0.13% at 433.18. Individual Index Performance The FTSE 100 index fell 0.37% to 7,374.83,…
Ceres Global Settles Charges with $3 Million Penalty
Minnesota-based Ceres Global has reached a settlement with the Commodity Futures Trading Commission (CFTC) to pay a $3 million civil penalty. The settlement comes after the company was charged with…
Daily Stock Movers
Stock Gainers Paramount Global (PARA): The stock rose 3% after the Writers Guild of America announced a tentative deal to end the screenwriters strike. Netflix (NFLX): Shares rose 1% following…
Tesla Stock Slides Amid UAW Strike and Plans for Battery Factory in India
Shares of Tesla Inc. have experienced a four-day losing streak as the anticipated support from the United Auto Workers (UAW) strike failed to materialize. Furthermore, recent reports suggest that the…
Peloton’s Stock Hits New Record-Low as UBS Slashes Price Target
Investors in Peloton Interactive Inc. faced another blow on Monday, as UBS cut its price target in half due to concerns over the company's subscription outlook. The at-home fitness company…
Citi’s List of Large-Cap Growth Stocks
Citi, a prominent financial institution, has recently released a list of 20 large-cap growth stocks that are poised to offer opportunities in the event of a market pullback. According to…
First Citizens BancShares Acquisition and Promising Prospects
When a company acquires another, especially one that is facing difficulties, it is common for the acquiring business' stock price to drop. However, First Citizens BancShares defied this trend when…
PC Monitor Shipments Decline During Pandemic Aftermath
According to a report by IDC, global shipments of PC monitors experienced a significant decline of 17.1% year over year during the second quarter. This drop reflects a decrease in…
Stock Market Update: Banks and Financial Institutions See Positive Momentum
In recent trading sessions, there has been a notable shift in sentiment towards the banking and financial sector, leading to a rise in the shares of various institutions. This development…
Ford Motor Pauses $3.5 Billion Battery Plant Construction
Ford Motor has hit the pause button on the construction of a $3.5 billion battery plant in Michigan, which was set to utilize technology licensed from Chinese battery maker Contemporary…