Agibank, the second Brazilian fintech to access US capital markets in recent weeks, announced on Wednesday that it had raised $240 million in its New York IPO. In contrast to the most recent marketing range of $12 to $13 per share, the São Paulo-based digital bank sold 20 million shares for $12 apiece during its
Cloudflare stock price surged by over 15% in the extended hours after the tech giant released strong financial results and boosted its guidance amid the ongoing AI demand. NET jumped to $208, up sharply from the year-to-date low of $160. So, will this surge continue? CloudFlare reported strong financial results CloudFlare is one of the
Unity Software (NYSE: U) cratered another 30% in premarket today after the game software firm came in ahead of Q4 estimates but disappointed investors with a tepid current quarter guidance. In its earnings release, the company guided for $485 million in revenue – well below $494 million that analysts had called for – shattering hopes
US stock index futures steadied on Friday after a bruising selloff in technology shares earlier in the week, offering tentative signs that the worst of the tech-led rout may be easing. Still, investor unease around artificial-intelligence spending remained firmly in focus, with Amazon sliding sharply in premarket trading after unveiling another major jump in capital
Boeing stock price has pulled back in the past few weeks, moving from the year-to-date high of $254 to the current $236. Still, the company has some potential catalysts that may drive it higher in the coming weeks or months. India and potential Boeing orders There are signs that Boeing’s business is expecting more orders
EU regulators on Friday accused TikTok of breaching the bloc’s online content rules, putting the video-sharing app at risk of having to redesign its service in Europe or face a fine linked to its global revenue. The charges were laid out in preliminary findings by the European Commission after a year-long investigation under the Digital
Affirm stock price continued its recent downward trend after the company published its financial results on Thursday. AFRM moved to a low of $56, down by 40% from its highest level in 2025. It has dropped to its lowest level since June 5 last year. Affirm stock drops after earnings Affirm, a key player in
Oil prices, specifically Brent crude, could rise to $70 per barrel if tensions between the US and Iran escalated amid the ongoing talks in Oman, according to experts. Prices maintained a steady course on Friday, reflecting a cautious sentiment among global investors who were intently focused on developments emerging from crucial, high-stakes diplomatic talks. US-Iran
The latest earnings season has revealed a dramatic turning point in the global technology industry. America’s largest technology companies have announced plans to spend more than $700 billion on artificial intelligence-related capital expenditure in 2026, underlining how fiercely they are competing to dominate the infrastructure of the AI era. Microsoft, Meta Platforms, Alphabet’s Google, Amazon
The sudden resignation of the head of Argentina’s statistics office this week revealed problems at the core of President Javier Milei’s economic plan, turning the country’s inflation numbers into a political hot spot. Economy Minister Luis Caputo admitted that the government’s decision to postpone an upgrade to the inflation calculation methodology, a delicate move in