The Chinese video platform will use existing cash reserves to repurchase up to $300M in shares through 2026. Bilibili’s board authorized a $300M stock buyback program, allowing the company to repurchase its Class Z ordinary shares or ADSs over the next 24 months. The move
Prologis proposed a £12.6B all-stock bid for Segro, offering a 24.6% premium, but the board swiftly rejected the offer. Prologis disclosed an unsolicited £12.6 billion ($16.6 billion) all-stock bid to acquire UK-based logistics real estate firm Segro. The offer included a
The exchange will suspend new positions for the CrowdStrike-linked contract at 6:50 UTC before full delisting at 7:00 UTC. KuCoin Futures will delist its CRWDUSDT stock index perpetual contract on June 30, 2026, at 07:00 UTC. New positions will be suspended starting at 06:
ICON reports better-than-expected quarterly earnings ICON reported quarterly earnings and revenue that exceeded expectations, driven by steady demand for its clinical research services. The company's revenue is expected to be in the range of $7.85B - $8.15B.
Investors price in an 85.5% chance of a December Fed rate hike, pressuring equities after Tuesday’s tech-led selloff. Dow Jones futures dipped 0.13% to near 52,000 in European trading Wednesday, reflecting caution over Federal Reserve policy. S&P 500 and Nasdaq 100 futures
US stocks fell sharply Tuesday amid a tech sector decline and a stronger USD, with the Nasdaq 100 leading losses. Major US equity benchmarks closed sharply lower Tuesday, led by a 3.3% decline in the Nasdaq 100 as tech stocks retreated. The S&P 500 fell 1.4%, while the Dow
The company will issue common shares to fund offshore exploration in South Africa, targeting gross proceeds of $4.5 million. Africa Energy plans to raise up to $4.5 million through a non-brokered private placement of common shares. The shares will be priced at $0.135 each,
A 4% drop in global tech shares drove broader equity declines, though staples and healthcare gained as earnings momentum remains strong. Global equities fell sharply as tech stocks plunged more than 4%, leading a broader market decline of nearly 2%. Despite the selloff, de
The homebuilder reported second-quarter earnings per share of $0.43, aligning with analyst expectations. KB Home reported second-quarter earnings of $0.43 per share, matching the Zacks Consensus Estimate. The result reflects stable performance amid market conditions but ma
US futures edge higher after yesterday’s 13% drop in chipmakers, but Micron’s post-close report may dictate near-term market direction. US equity futures stabilized early Tuesday, with S&P 500 futures up 0.1% and Nasdaq futures gaining 0.5%, following a sharp selloff in te
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