Profit by knowlytics
Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
Goldman Sachs shares climbed to a record high after the investment bank posted stronger-than-expected second-quarter earnings, driven by record trading revenue, a rebound in investment banking and solid wealth management performance. Analysts expect continued strength from AI-led financing, capital markets activity and recovering dealmaking, while investors remain focused on trading momentum and the broader macro…
IBM shares suffered a record 25% plunge after weak earnings guidance, as AI infrastructure spending, delayed software purchases, mainframe setbacks, and execution issues sparked investor concerns.
Kusumgar shares debuted nearly 37% above their IPO price and extended gains in early trade after a heavily oversubscribed public issue. While analysts remain positive on the company’s long-term prospects in engineered fabrics and defence, they advise investors to book partial profits and hold the remaining position with disciplined stop-losses.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
India’s large IPOs have shown mixed investor returns, with many billion-dollar offerings underperforming. SBI Funds Management’s IPO will now test this trend with its strong financials. Analysis shows eight of thirteen large IPOs are trading above their issue prices. However, several major offerings like New India Assurance have seen significant losses. The success of SBI…
The SBI Funds Management IPO is experiencing robust demand on its second day of bidding. Non-institutional investors have subscribed over two times their allocated portion. The Grey Market Premium suggests a potential listing price of around Rs 662 per share. This public issue will remain open for subscription until July 16. The company has fixed…