IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was about in line with expectations of $14.25 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market...
Financial services software firm Aurionpro Solutions on Friday said it will acquire banking and insurance focused startup Arya.ai for $16.5 million (about Rs 138 crore).Under the all-cash deal, NSE-listed Aurionpro Solutions is set to acquire 67% stake in the Mumbai-based company. Platform-as-a-service Arya.ai, founded in 2013 by IIT Bombay graduates Vinay Kumar and Deekshith Marla, had raised about $2 million from investors such as YourNest, DMI Sparkle Fund and Venture Nursery. Most of these...
More than 1 in 5 cars sold globally this year is expected to be electric,
EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. market, according to the International Energy Agency (IEA). Tight profit margins, volatile battery raw material prices, and the phaseout of incentives in certain countries have led to concerns about an EV sales slump, but data
Leslie’s, Inc. (NASDAQ:LESL – Get Free Report) shares fell 5.5% on Wednesday . The stock traded as low as $4.32 and last traded at $4.32. 505,463 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 2,937,501 shares. The stock had previously closed at $4.57. Analyst Ratings Changes Several […]
TAIPEI: A 5.5-magnitude earthquake struck Taiwan's eastern county of Hualien on Monday (Apr 22), the island's weather administration said, with no immediate reports of damage. The quake, which had a depth of 10km, also shook buildings in the capital Taipei. Hualien was the epicent