Vertiv Holdings Co ( VRT )  shares are trading higher after the company reported better-than-expected first-quarter FY24 results and raised its 2024 guidance. Net sales rose 8% Y/Y to $1.64 billion, beating the consensus of $1.62 billion. Organic orders (excluding foreign exchange) rose 60% Y/Y, led by strong underlying market demand benefiting from the ramp-up of AI deployments.  The book-to-bill ratio stood at 1.5x...

09:52 AM EDT, 04/24/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 172.33, Change: +3.15, Percent...

Deep-pocketed investors have adopted a bearish approach towards Booking Holdings ( BKNG ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BKNG usually suggests something big is about to happen. We gleaned this information...

April 24 (Reuters) - Canadian miner First Quantum Minerals ( FQVLF ) said on Wednesday the likelihood of taking out the 121,000 tonnes of copper from its disputed Cobre Panama mine can only happen after the Panama national election. First Quantum's Cobre Panama is under preservation and safe maintenance after the current Panama government ordered the closure of the copper...