© Reuters. Arm, the chip architecture firm valued at over $54 billion in its September IPO, continues to expand its reach into new computing environments like PCs, data centers, automobiles, and IoT, despite facing multiple challenges. The company reported a 28% annual revenue increase in its first post-IPO earnings report…

© Reuters. Buy any dip in S&P 500 Societe Generale tells its clients Societe Generale (OTC:) strategists are advising investors to consider buying the dip in the . The analysts see positive indicators that suggest continued upside in earnings until the first quarter of 2024. The investment bank also highlights…

© Reuters. Today, LithiumBank Resources Corp. reported significant progress on its continuous Direct Lithium Extraction (cDLE™) pilot plant, licensed from G2L Greenview Resources Inc., a joint venture with Computational Geosciences Inc (CGI), a subsidiary of Ivanhoe Electric Inc., and Clean TeQ Water. The pilot plant is currently receiving its final…

© Reuters. Ozon, the leading e-commerce firm in Russia, announced the delisting of its American Depositary Shares (ADS) from Nasdaq today. This decision marks the end of a three-year relationship with the U.S exchange, which began with a $1 billion Initial Public Offering (IPO) in late 2020. The company’s securities…

© Reuters. Spruce Point releases e.l.f. Beauty, Inc. (ELF) short report, sees potential 65% downside Spruce Point Capital said in a report Thursday that it sees a potential 45% to 65% downside in e.l.f. Beauty, Inc. (NYSE:) shares. The firm said it has “grave concerns” about ELF’s continuing brand equity…

© REUTERS/Amir Cohen/File Photo Israel stocks lower at close of trade; TA 35 down 0.61% Investing.com – Israel stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower. At the close in Tel Aviv, the declined 0.61%. The best performers of the…

© Reuters Investing.com —  The Dow closed lower Thursday, as Federal Reserve chairman Jerome Powell dealt a blow to bets on sooner rather later rate cuts after signaling that the Fed isn’t ready to close the curtain on rate hikes. At 16:00 ET (21:00 GMT), the was down 220 points…

© Reuters. ArcelorMittal (NYSE:)’s subsidiary, AMNS India, in which the steel giant holds a 60% stake, posted a robust year-on-year (YoY) increase in Q3 EBITDA of over 160% to $533 million, compared to $204 million in the year-ago-period. The company reported on Thursday that this significant growth was primarily driven…

© Reuters. FILE PHOTO: A box of Mounjaro, a tirzepatide injection drug used for treating type 2 diabetes made by Lilly is seen at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023. REUTERS/George Frey/File Photo By Maggie Fick and Ludwig Burger LONDON (Reuters) -Eli Lilly on Thursday said…

© Reuters Eli Lilly, Novo Nordisk drop as UnitedHealth lowers Insulin costs Eli Lilly (NYSE:) shares fell on Thursday after UnitedHealth (NYSE:)’s Optum Rx said it will transition eight insulin products, produced by Eli Lilly, Novo Nordisk (NYSE:), and Sanofi (NASDAQ:), to tier one status on formularies starting January 1.…