Institutional investors, including BNP Paribas, actively acquired stakes in ideaForge Technology through significant bulk deals on Tuesday. Multiple entities purchased substantial share quantities within a narrow price band, signaling strong demand. This buying spree coincided with a 10% surge in the stock price, reflecting growing investor confidence in the drone technology firm.
US stocks: US market ends higher as Amazon soothes AI jitters
Wall Street closed higher on Friday, driven by Amazon’s strong quarterly report. The tech giant’s results eased concerns about AI infrastructure spending. Apple’s stock dropped