Gamer Pakistan stock opens with a gain on the Nasdaq, then turns lower
The company raised $6.8 million in its initial public offering by selling 1.7 million shares priced at $4 each. With 25.6 million shares outstanding, the company had a valuation of $102.4 million at the IPO price. The stock is trading on Nasdaq under the ticker “GPAK.” The stock’s GPAK, -12.75% first trade was at $4.20 […]
Shares in weapons makers Lockheed Martin, RTX surge following surprise attack on Israel and other stocks on the move
Here are some of the day’s biggest movers: Stock gainers: Defense contractors including RTX RTX, +0.56% and Lockheed Martin LMT, +0.85% saw share price gains of 5% after the surprise attack on Israel by Hamas militant on Saturday.
‘The Exorcist: Believer’ attracts Hispanic audiences
Still from the set of “The Exorcist: Believer.” Courtesy: Universal Studios Take it on faith. The new “Exorcist” movie will draw big Hispanic audiences. Universal is seeing stronger-than-average Hispanic interest for “The Exorcist: Believer” as the movie heads into its opening weekend, according to people familiar with the matter. This fits a pattern among recent […]
Exxon Mobil’s top shale exec arrested on sexual assault charge in Texas
David Scott, the head of Exxon Mobil Co.’s shale oil and gas production business, was arrested in Texas and faces a charge of sexual assault. According to public records from the Montgomery County, Texas, Sheriff’s Office, Scott, 49, was arrested Thursday afternoon on second-degree felony sexual-assault charges. According to the records, he was released on […]
Tiger Woods and Rory McIlroy TGL golf league to air on ESPN
Rory McIlroy shakes hands with Tiger Woods on the 18th green after they completed a practice round prior to the 2023 Masters Tournament at Augusta National Golf Club in Augusta, Georgia, on April 3, 2023. Christian Petersen | Getty Images Disney’s ESPN has nabbed the broadcast rights to air matches from TGL, the startup golf […]
Hong Kong’s morning trading session delayed due to typhoon
Trade on Hong Kong’s stock market in the morning will be delayed due to a typhoon alert issued by the government, which is currently at signal No. 8, and a black Rainstorm Warning. “If typhoon signal No. 8 or above, black rainstorm warning, or any announcement of extreme Conditions, remains issued at 9:00 am Hong […]
U.S. investors seek edge in European soccer
Liverpool’s Curtis Jones celebrates scoring their side’s second goal of the game during the Premier League match at the King Power Stadium, Leicester. Picture date: Monday May 15, 2023. Tim Goode | Pa Images | Getty Images For U.S. investors looking to score an investment in a European soccer club, some of the focus is […]
U.S. investors seek edge in European soccer
Liverpool’s Curtis Jones celebrates scoring their side’s second goal of the game during the Premier League match at the King Power Stadium, Leicester. Picture date: Monday May 15, 2023. Tim Goode | Pa Images | Getty Images For U.S. investors looking to score an investment in a European soccer club, some of the focus is […]
What Israel-Hamas war means for oil prices and financial markets
Oil traders braced Sunday for a potential “fear trade” that could push up crude oil prices, at least in the short term, after a surprise attack on Israel by Palestinian militants in Gaza threatened to put added scrutiny on rising Iranian oil exports. The conflict may also hold consequences for talks aimed at normalizing relations […]
Rolls-Royce CEO Torsten Muller-Otvos retires
Torsten Muller-Otvos, the Rolls-Royce CEO who turned an aging brand into a coveted badge of success for pop stars, athletes and young entrepreneurs, is retiring after 14 years. Rolls-Royce announced Thursday that Muller-Otvos, 63, the longest-serving CEO of Rolls-Royce in nearly a century, will retire on Dec. 1. He will be succeeded by Chris Brownridge, currently chief […]
