Meta Platforms said its class-A common stock will begin trading on the Nasdaq under the ticker symbol “META” prior to market open on 9 June.
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Huge Group has secured new debt financing from Rand Merchant Bank, in the process refinancing existing debt and giving the firm additional ammunition for acquisitions.
JSE-listed Huge Group, which has been quiet since abandoning its pursuit of now-delisted Adapt IT, said on Monday that it has acquired a stake in Glovent Solutions.
Billionaire Elon Musk has been sued by Twitter investors claiming he manipulated the company’s stock price downward.
It’s only six months since Nvidia was being hailed as Wall Street’s next $1-trillion technology stock. The memory now seems distant.
Reunert has increased its interim dividend by 7% to 75c/share, despite tough trading conditions that saw it eke out a 1% year-on-year improvement in headline earnings per share.
Megacap US technology stocks are sinking again along with hopes that this year’s selloff had reached the point of exhaustion.
Until recently, Tesla was considered the ultimate growth stock, rising 50% last year and closing at $1 145 on 4 April. No longer.
Following the death last week of Mustek founder and CEO David Kan, the company has appointed long-serving MD Hein Engelbrecht as its interim CEO.
As part of an effort to unlock shareholder value, Datatec is in talks about a potential transaction involving its Analysys Mason subsidiary.