Vail Resorts Gains Post EPS, Altus Power Falls on Offering By

© Reuters. After-Hours Stock Movers: Connexa Sports Technologies, Inc. (CNXA) 14% LOWER; entered into a securities purchase agreement with a single institutional investor for the issuance and sale of 12,820,512 shares of its common stock (or common stock equivalents in lieu thereof), together with accompanying common stock warrants, at a combined purchase price of $0.39 … Read more

Apple Falls 4% on Report It Will Not Ramp Up iPhone 14 Production, Analyst Not Surprised By

© Reuters. By Senad Karaahmetovic Apple (NASDAQ:) shares are down about 4% after Bloomberg reported the tech giant is backing off plans to ramp up iPhone 14 production this year. The change is a result of slowing demand as the Cupertino-based giant anticipated it would witness a surge in orders. Apple reportedly informed its suppliers … Read more

Frontier Gains on Index Move, Mind Medicine Falls on Offering By

© Reuters. After-Hours Stock Movers: Mind Medicine Inc. (Nasdaq: MNMD) 33% LOWER; today announced that it intends to offer and sell, subject to market conditions, common shares with accompanying warrants to purchase common shares in an underwritten public offering. Frontier Communications (FYBR) 6% HIGHER; will replace The Hain Celestial Group Inc. (HAIN) in the S&P … Read more

INR Rout Extends, Falls to New Low, Key Levels in Focus; USD Hits 20-Yr Peak

By Malvika Gurung — The sank to a new lifetime low against the US dollar for the consecutive session on Monday amid sell-offs in the domestic market and weak global cues. Benchmark equity indices tanked 1.92% and crashed 1,035.3 points or 1.8%. The domestic currency opened at a fresh low of 81.55 against the USD … Read more

Swedish krona falls to lowest ever against US dollar

Stockholm, Sep 23 (IANS) The Swedish krona fell to its lowest ever against the US dollar against the backdrop of staggering inflation and a string of domestic and international rate hikes. On Thursday, the krona traded at 0.090 dollars, Xinhua news agency reported. The krona weakened despite Tuesday’s decision by the Swedish central bank (Riksbank) … Read more

German 10-Year Bond Yield Hits 2% for 1st Time Since 2013 as Euro Falls Further

By Geoffrey Smith — The hit a new 20-year low and bond yields touched 2% for the first time since 2013 as fears of recession and higher interest weighed ever more heavily on sentiment toward Eurozone assets. The euro fell as low as $0.9772, while the 10-year Bund yield consolidated around 1.95% after trading … Read more

Infosys Falls to New Low Amid Macro Stress & Global Cues; GS Suggests ‘Sell’

By Malvika Gurung — Shares of the Indian IT behemoth Infosys (NS:) have fallen to a fresh 52-week low of Rs 1,360 apiece on Thursday and were last seen trading 0.2% lower at Rs 1,374.7 apiece.  Analysts peg more pain ahead for the Indian IT companies amid a likely slowdown in revenue growth of the … Read more