DTI signs $80 million Saltire acquisition deal
Drilling Tools International (NASDAQ:DTI) signed a definitive agreement to acquire Saltire Energy and Foxley Energy for approximately $80 million in cash and 17.4 million DTI shares.
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Drilling Tools International (NASDAQ:DTI) signed a definitive agreement to acquire Saltire Energy and Foxley Energy for approximately $80 million in cash and 17.4 million DTI shares.
AngioDynamics (NASDAQ:ANGO) reported fiscal first-quarter 2027 net sales of $80.9 million, up 6.9% from the prior-year period.
ChipMOS (NASDAQ:IMOS) reported unaudited third-quarter 2026 revenue of NT$8,400.8 million, or $263.8 million, representing a company quarterly record.
Federal Reserve Governor Christopher Waller said further interest-rate hikes will likely be needed to slow inflation. Speaking at an event organized by Turkey's central bank in Istanbul, Waller said he anticipates "additional hikes to support a timelier return to inflation" to the 2% goal. (Source: TCMB Istanbul Economic Forum)
National Energy Services Reunited (NASDAQ:NESR) signed an agreement with Aramco for a lithium demonstration project in Saudi Arabia valued at approximately $200 million.
Anna Edwards, Guy Johnson, and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Applied Digital (NASDAQ:APLD) reported first-quarter revenue of $341.9 million, more than quadrupling from a year earlier and exceeding analysts’ average estimate of $133.8 million.
Bollywood makes more movies but doesn't have the global impact of Hollywood. JioStar Vice Chairman Uday Shankar tells Bloomberg's Haslinda Amin why it hasn't achieved world scale, and what needs to change.
Brent crude (ICE:BZ) rose just under 4% to $104.18 per barrel on Thursday as renewed tensions involving the United States and Iran increased concerns about global oil supplies.
SpaceX’s (NASDAQ:SPCX) Starlink said it remains ready to launch satellite internet service in India, but the government said the company must complete security assessments before it can seek spectrum.
Taiwan Semiconductor Manufacturing (NYSE:TSM) reported third-quarter 2026 revenue of NT$1.49 trillion, or about $46.7 billion, representing roughly 51% year-over-year growth and exceeding analyst expectations of NT$1.46 trillion.
Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, discusses how artificial intelligence continues to underpin global equity markets, particularly the tech sector. "I think the market comes to realization that actually the AI story continues," she tells Bloomberg Television. "Demand is still really strong, and supply is still constrained," Lipikhina adds.
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