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ServiceNow (NOW) Stock Is Up, What You Need To Know

What Happened? Shares of enterprise workflow automation company ServiceNow NYSE:NOW jumped 3.4% in the afternoon session after investors continued to rotate out of high-flying semiconductors into beaten-down software stocks.DigitalOcean's blowout preliminary results also supported the improved appe…

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Luxshare Raises $3.1 Billion in Hong Kong's Biggest IPO of the Year

Luxshare Precision Industry, a Chinese components manufacturer and Apple NASDAQ:AAPL supplier, raised HK$24.3 billion, or $3.1 billion, after pricing its Hong Kong listing at the top of the range. The company priced 383.5 million shares at HK$63.28 each, according to an exchange filing Tuesday, rep…

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Autodoc Raises 530 Million to Buy Back Apollo's 15% Stake

Autodoc Holding SE, a Berlin-based online car-parts retailer that sells vehicle spare parts and accessories across 27 countries, is turning to debt markets to raise 530 million, or about $606 million, to help repurchase a minority stake held by Apollo Global Management Inc. NYSE:APO, an investment…

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Valentino Approves 450 Million Bond Sale to Replace Bank Debt

Valentino SpA, an Italian fashion house, is preparing to sell 450 million, or about $512 million, of senior secured bonds as it moves to replace bank debt with financing from institutional investors. The company's board approved the planned note sale in late June, with issuance expected by August…

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Why Eli Lilly (LLY) Stock Is Trading Up Today

What Happened? Shares of global pharmaceutical company Eli Lilly NYSE:LLYjumped 2.8% in the afternoon session after JPMorgan's Chris Schott raised his price target to $1,400 from $1,300, reiterating an Overweight rating.Schott's $1,400 target sits above the roughly $1,243 Street average and signals…

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Rivian's Revenue Beat Is Buried Under a Dilution Warning

Rivian Automotive NASDAQ:RIVN fell 12.47% intraday after the electric vehicle maker launched a 75 million share public offering that would raise approximately $1.5 billion based on Monday's closing price of $20.14. The proceeds are earmarked for equity contributions under a DOE loan agreement tied…

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Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Better Collective A/S’ shares

Pursuant to the Market Abuse Regulation article 19, Better Collective A/S (the “Company”), CVR no. 27652913, hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in the Company and persons closely associated with them in Better…

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