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Oracle on Tuesday predicted that the AI ​data center boom will power its revenue above Wall Street estimates ​well into 2027, sending its shares up 8% in extended trading.
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The initial public offering of SoftBank’s PayPay ​is likely to price around the low end of its marketing range as war in the Middle East roil markets, said ‌two people ⁠familiar ⁠with the matter.
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As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be in an overall uptrend.
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The Rs 1,087 crore IPO of Sedemac Mechatronics had opened for subscription from March 4 to March 6. The public issue was entirely an offer for sale (OFS) of about 80.43 lakh shares, meaning the company itself will not receive any proceeds from the issue and the funds will go to existing shareholders selling their stakes.
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