Shutterstock to Acquire Giphy from Meta for $53 Million Following UK Antitrust Order
Facebook’s Parent Company, Meta Platforms inked a deal with Shutterstock to buy Giphy for $53 million, which it initially purchased in 2020 for $315 million....
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Biocon Shares Soar 8% as Q4 Net Profit Rises 31%
Shares of Biocon rose nearly 8% in early trading on May 24, boosted by the drugmaker’s strong fourth-quarter earnings. The drugmaker on Tuesday posted a...
Wall Street Ended Sharply Lower on US Debt Ceiling Jitters
Wall Street stocks finished sharply lower on Tuesday as investor jitters grew over a lack of progress in US debt limit talks. Representatives of President...
European Markets Saw Greater Decline than Wall Street as Stalled US Debt Talks Hit Risk Appetite
European stock markets closed lower on Tuesday posting heavier losses than US equity futures over investors’ nervousness about the lack of a deal after the...
Asian Stocks And Futures Traded Mixed During Early Opening Hours Over US Debt Ceiling Uncertainty
Asian Indices traded mixed on Wednesday as concerns among investors remain grown over the very little progress made so far ability in the ongoing US...
SeQuent Scientific Shares Fall 2% After Q4 Loss
Shares of SeQuent Scientific fell 2.2% to Rs 75.69 in morning trade on May 24 after the animal health company posted a net loss of...
Moonfire Ventures Raises $115 Million to Fund European Tech Startups and AI Companies
Moonfire Ventures, founded in 2020 by former Atomico co-founder Mattias Ljungman, said on Wednesday it had raised $115 million to invest in European technology startups...
Linde India Shares Soar 4% on Strong Q4 Profit Growth
Shares of Linde India rose nearly 4% on May 24 after the industrial gas producer posted strong March quarter numbers. The stock was up 3.86%...
Bikaji Foods Shares Rise 2% as Q4 Net Profit Jumps 57%
Shares of Bikaji Foods International Ltd rose 2% on the back of strong fourth-quarter results. The stock traded 1.59% higher at Rs 390.50 at 9:42...
Mahindra CIE Shares Up 8% After Block Trade
Shares of Mahindra’s CIE Automotive Ltd surged nearly 8% on Wednesday, with about 12.2 million shares, or a 3.2% stake in the company, changing hands...