Thu, Feb 18, 2021 12:06 PM
$27M raised by Shiprocket in Series C from Tribe Capital and March Capital
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Shares of automotive and industrials parts maker Genuine Parts (NYSE: GPC) jumped on Thursday even though it's normally a sleepy stock. The company reported financial results for the first quarter of 2024 and raised its full-year profit guidance, which is why Genuine Parts stock was up 12% as of 11 a.m. ET. Investor confidence is on the riseIn Q1.
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Infosys Stock Falls After Q4 Earnings - What's Going On?Infosys Ltd (NYSE: INFY) reported fourth-quarter revenue growth of 0.2% year-on-year to $4.56 billion, beating the consensus of $4.52 billion. Revenues in constant currency (CC) terms remained flat year over year and declined by 2.2% quarter over quarter. EPS of $0.23 beat the Street analyst estimate of $0.17, up from $0.18 a year ago.
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Credit rating service Equifax (NYSE: EFX) is feeling the brunt of "higher for longer," warning that if rates remain high its results are likely to suffer. Investors are cashing out, sending shares down 10% as of 11 a.m. ET. Credit demand is under pressure. Equifax is a financial data analytics company best known as one of the primary providers of consumer credit scores.
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