Latest News of ARES
Indian billionaire Adani charged in US with bribery; Adani Group shares tumble
(Reuters) -Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in a $265 million bribery scheme, a...
Luke Bryan Shares Advice for New 2024 CMA Awards Cohost Lainey Wilson: 'When You're in a Rut, Shake That Butt!'
Luke Bryan jokingly expressed disappointment about not winning PEOPLE's Sexiest Man Alive title to John Krasinski at the CMA Awards. He advised cohost Lainey Wilson to dance and have fun, while Peyton...
Kura Oncology Shares Fall 14% on Plans for Cancer-Drug Collaboration
Kura Oncology's stock declined 14% in after-hours trading due to a collaboration deal with Kyowa Kirin for its leukemia treatment. The agreement includes significant upfront and milestone payments, wi...
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Telomir Pharma Shares Rise 4% After Anti-Aging Drug News
By MarketWatch | 1 day agoTelomir Pharmaceuticals saw a rise in after-hours trading after announcing positive results for its Telmor-1 anti-aging treatment. Shares were up 4.7% at $4.40....
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Snowflake shares pop 16% on earnings and revenue beat
By CNBC | 1 day agoSnowflake's stock surged 16% after exceeding Q3 earnings expectations. Despite a revenue increase, the company's net loss widened. Snowflake also announced partnerships and acquisitions. The stock had...
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Snowflake shares pop on revenue beat and strong sales outlook
By Yahoo! Finance | 1 day agoSnowflake's stock rose as the company surpassed sales expectations in its quarterly report, with revenue reaching $942.1 million. The fourth quarter guidance also exceeded predictions, with an expecte...
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Red Cat Shares Surge 40% After Military Contract, Expanded AI Partnership
By MarketWatch | 1 day agoRed Cat Holdings' stock surged 40% to $6.64 following a U.S. Army drone contract and expanded partnership with Palladyne AI. Teal Drones will supply surveillance drones for the army, integrating Palla...
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Elf Beauty stock slides after Muddy Waters says it has shorted its shares
By Yahoo! Finance | 1 day agoMuddy Waters took a short position in Elf Beauty, accusing the company of overstating revenue by $190 million. Elf denied allegations but shares dropped 10%. Muddy Waters plans to sell its position af...
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Qualcomm Shares Plunge 7% as Investors Question Bold Growth Projections Beyond Smartphones
By Yahoo! Finance | 1 day agoQualcomm's stock fell 7% following its Investor Day, where CEO Cristiano Amon outlined plans to expand into automotive and IoT markets. Despite ambitious revenue projections, investors are skeptical d...
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Nvidia Shares To Climb Over $140+ Levels, Says Technical Analyst Ahead Of Q3 Results: '...Will Have To Beat Street Expectations For The Trend To Continue'
By Yahoo! Finance | 1 day agoNvidia (NASDAQ:NVDA) will report its Q3 earnings on Nov. 20. Despite a 191% YTD rise, shares dropped 2.5% last month. Analysts anticipate strong results with expectations of revenue around $32....
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Wix Shares Gain 14% After 3Q Beat, Outlook Raise
By MarketWatch | 1 day agoWix's stock surged 14% to $208.78 after a strong third-quarter report beat analysts' expectations. The Israel-based company's profit increased to $26.8 million, with revenue growing 13% to $444.7 mill...
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Dolby Laboratories Shares Rise After 4Q Adj EPS Beat, Higher Rev
By MarketWatch | 1 day agoDolby Laboratories reported strong Q4 results, exceeding earnings expectations and showing higher revenue. The company's shares rose by 10% to $77.86. For Q1, Dolby projects revenue of $330-360 millio...
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ZTO shares dip pre-market as logistics firm cuts annual growth forecast
By Yahoo! Finance | 1 day agoZTO Express shares dropped in pre-market trading as the company adjusted its annual guidance due to challenges like weaker consumer spending. Analysts estimate modest growth in ASP and efficiency in c...
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A tech founder who lives an hour away from his wife and daughter shares how he overcomes the guilt of not being home
By Business Insider | 1 day agoAlex Li, a 34-year-old founder, husband, and dad, faced challenges balancing work and family. Despite guilt, he focused on actions like promising annual trips with his daughter and spending more quali...
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'The most expensive market of all time': Billionaire investor David Einhorn says it's probably not the best time to buy -- but shares 2 stocks he's betting on
By Business Insider | 1 day agoDavid Einhorn warns of expensive stock market, advising caution on broader market investments due to high valuations. He mentioned betting on Peloton and CNH Industrials through his hedge fund, expect...