2h ago
Luda Technology shares jump 9.34% after 1.6 billion yuan pipeline fittings contract
Luda Technology signed a supply agreement for pipeline fittings for the first phase of the Yulong Island Refining and Chemical Integration Project with Shandong Yulong Petrochemical Company, Limited, with the contract valued at about 1.6 billion yuan ($240 million). The order provides clear near-term revenue support for the company. The deal helped lift Luda Technology’s stock 9.34% in a single session to $4.50.
2h ago
2h ago
Oil rises 1% as Apple shares slide more than 9% after fiscal Q3 results
Crude oil rose 1% on Friday, reflecting near-term tightness in supply and demand. Apple reported fiscal third-quarter revenue of $109.42 billion and earnings of $2.02 per share, both above expectations. However, its fourth-quarter sales outlook of $111.7 billion to $113.7 billion came in below the $114.8 billion estimate, sending the stock down more than 9% on the day. The Dow, Nasdaq and S&P 500 ended slightly higher.
2h ago
2h ago
Kotak Mahindra MF buys 4.89% of Rossell Techsys; Carnelian cuts 0.68% stake in Gaudium IVF
Kotak Mahindra Asset Management Company bought about a 5% stake in Rossell Techsys via the secondary market on July 31, lifting the stock 3.34% to Rs 954.1. On the same day, Carnelian Asset Management and Advisors reduced its holding in Gaudium IVF and Women Health, whose shares have been locked in a 2% lower circuit for seven straight sessions. The stock has been sliding since hitting a record high of Rs 163.18 on July 22. The deal was executed at Rs 900 per share.
2h ago
2h ago
Roblox shares plunge nearly 30% after bookings outlook cut and discovery changes weigh on in-app spending
Roblox (RBLX) shares sank nearly 30% in a single session, marking the stock’s biggest one-day drop on record. The selloff followed the company’s forecast for a sharp decline in bookings and a warning that changes to its recommendation algorithm could further pressure near-term in-app spending. If the decline holds, Roblox is set to wipe out more than $10 billion in market value, falling from about $34.9 billion to about $24 billion.
2h ago
2h ago
Bluspring Enterprises posts ₹9.5B Q1 FY27 revenue, narrows loss to ₹5M
Bluspring Enterprises reported Q1 FY27 revenue of ₹9.5B, up 19.2% year on year. Net loss narrowed to ₹5M from ₹48M a year earlier, while EBITDA rose to ₹205M and the EBITDA margin increased to 2.16% from 1.46%. The company also said it secured a ₹125 crore syndicated loan to fund the acquisition of 100% of LSG Sky Chefs (India) Private Limited. It said the financing will support its strategic expansion alongside improving operating performance.
2h ago
3h ago
Canadian federal government approves Ontario’s Crawford nickel project, forecasting 5,000 construction jobs
Canada’s federal government has approved the Crawford nickel-cobalt project in northern Ontario, an open-pit mine designed to process nearly 90 million tonnes of ore per year over an expected 41-year lifespan. The project is expected to attract C$5 billion in investment, create 5,000 jobs during construction and 1,300 jobs once fully operating. It is projected to add C$70 billion to Canada’s GDP over the mine’s life.
3h ago