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Wall Street analysts bullish on Circle after blockbuster IPO, but warn on sky-high valuationWall Street brokerages initiated coverage of Circle Internet Group with mostly bullish ratings, despite concerns over its steep valuation a...
Hexaware acquires Softcrylic; boosts its data and analytics capabilitiesWhile Hexaware didn’t disclose the financials of the deal, the acquisition would boost the mid-tier IT firm’s data and analytics capabiliti...
Coinbase shares near two-year high as ETF euphoria boosts trading volumeThe stock rallied 14% to $189.28 and added more than $5 billion to the company's market value. Trading fees for Coinbase improved as invest...
Qualcomm amplifies chip gloom with 'sobering report', shares tank 8%The company, which supplies to top handset makers Apple Inc and Samsung Electronics, was set to lose about $10 billion in market valuation,...
Tesla shares sink 8% as Musk signals more price cuts aheadTesla's gross margins fell to a more than two-year low in the first quarter and missed market estimates, after the company kicked off a dis...
Five9 stock falls after CEO Rowan Trollope's departureFive9 is a market leader in cloud contact center solutions. Five9 stock fell on Monday after the company announced that Chief Executive Row...
Tesla rallies after Canaccord upgrades rating, says it's like AppleCanaccord Genuity analyst Jed Dorsheimer upgraded Tesla to "buy" from "hold" and increased his price target to $1,071, the second highest a...
Infosys to acquire Blue Acorn iCi for up to USD 125 millionInfosys said the move further strengthens the company’s end-to-end customer experience offerings. It added that Blue Acorn iCi will bring s...
Genpact buys US digital consultancy RightpointChicago-based Rightpoint was founded in 2007 and focuses on customer experience.
Wall Street’s big bull sees S&P rising 12% by end of 2018By the end of this year, the index will reach 3,200 points as the economy and earnings drive the next leg of the bull market.
Markets are about to get ugly according to these chartsThe US Citi Economic Surprise index has started to fall after reaching a five-year high in December.
Apple takes 94 per cent of industry profits home: Canaccord GenuityThe analysis likely overstates Apple’s profits as it does not account for Chinese mobile phone players such as Huawei that post substantial...
Apple takes 92% of all smartphone companies' profitsIt's a stark illustration of how popular the iPhone 6 has been -in Q1 of 2015, Apple was responsible for 65% of smartphone industry profits.
Facebook is about to turn on the money jets for InstagramOver the next few months, all of Facebook's ad targeting tools will be opened up to Instagram advertisers.
SAB's failure to combine with Heineken leaves it more vulnerable to takeover bid by InBevHeineken said it rejected an approach from SABMiller, an overture that intended to help fend off a possible bid for the Miller Lite maker b...
Canada tech stars poised to lead new IPO boom for sectorsHootsuite Media, Desire2Learn and Vision Critical Communications are among technology companies that will be ready to go public within two ...
- RIM starts selling new BlackBerry
Research In Motion Ltd has started selling its new BlackBerry model in Germany and Chile, and analysts expect it will be released in North ...