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NASDAQ:FOXX 4 June 2026

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  • Prestige Hospitality Explores Minority Stake Sale Over IPO
    June 18, 2026, 9:38 AM EDT. Prestige Estates Projects Ltd. is reportedly pausing plans for an initial public offering (IPO) of its hospitality arm. Instead, the company is exploring the sale of a minority stake to private equity investors, according to sources familiar with the situation. This shift in strategy reflects changing market conditions and potential valuation concerns. Stake sales allow companies to raise capital without going public, providing flexibility amid volatile market environments.

Latest articles

AT&T falls in early trading on CFO transition, spotlight on fiber costs

AT&T falls in early trading on CFO transition, spotlight on fiber costs

18 June 2026
AT&T shares slipped to $22.37 premarket as investors weighed CFO Pascal Desroches’ year-end retirement and Jennifer Biry’s 2027 succession amid heavy fiber and 5G spending, ongoing wireless competition from Verizon, and looming risks from SpaceX’s Starlink; next financial update set for July 22.
Ondas draws attention with $125M Cyberhawk drone inspection deal

Ondas draws attention with $125M Cyberhawk drone inspection deal

18 June 2026
Ondas shares rose about 3% in premarket trade after announcing a $125 million mostly cash deal to acquire Cyberhawk, which is expected to deliver over $45 million in revenue for fiscal 2027 with about 95% recurring revenue and a $95 million backlog; deal closing is expected in Q3, pending approvals.
Accenture Drops After Forecast Misses, Despite $4.18 Billion Cybersecurity Spend

Accenture Drops After Forecast Misses, Despite $4.18 Billion Cybersecurity Spend

18 June 2026
Accenture shares tumbled premarket after slashing its full-year local-currency revenue growth outlook to 3%-4% and guiding fourth-quarter revenue below Wall Street estimates, overshadowing a $4.18 billion cybersecurity acquisition push as investors focused on persistent weak IT spending and uncertainty over AI’s impact on consulting demand.
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