$BSP

16 stories mentioning BSPUpdated just now

Every FINWIRES story that references BSP, newest first.

What are analysts saying about BSP?

Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

What's the latest news on BSP?

Sector Update: Tech Stocks Decline Thursday Afternoon

Tech stocks were lower Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 1.1% and the State Street SPDR S&P Semiconductor ETF (XSD) decreasing 0.4%.The Philadelphia Semiconductor Index dropped 2.2%.In corporate news, Amazon's (AMZN) Amazon Ads, the tech giant's advertising arm, has entered into a partnership with OpenAI through which it will let its advertisers place ads in ChatGPT, according to media reports. Separately, Amazon-backed Anthropic has granted the EU Agency for Cybersecurity, or ENISA, access to its Mythos 5 AI model, months after first promising access, Bloomberg reported. Amazon shares were fractionally higher.Bending Spoons (BSP) has agreed to buy workspace collaboration platform Miro in an all-cash deal with an enterprise value of about $1.36 billion, as part of the Italian technology company's strategy to purchase digital businesses and optimize them for long-term ownership. Bending Spoons shares jumped 7.7%.Apple (AAPL) is apparently prioritizing volume gains over margins with its lower-than-expected pricing on the new iPhones, including its first-ever foldable smartphone, Morgan Stanley said in a note. The company set a starting price of $1,999 for the foldable iPhone Duo on Wednesday. Apple's new CEO John Ternus led the launch event that included the iPhone 18 and Watch Series 12. Apple shares rose 3.2%.

$AAPL$AMZN$BSP

Sectors1h ago

Sector Update: Tech

$BSP

Wire3h ago

Top Midday Stories: Macy's Shares Fall Despite Strong Earnings; Amazon Reportedly Collaborates With OpenAI on ChatGPT Advertising

All three major US stock indexes were down in late-morning trading Thursday, as oil prices continued to rise amid the ongoing conflict between the US and Iran.In company news, Macy's (M) reported fiscal Q2 adjusted earnings Thursday of $0.63 per diluted share, up from $0.35 a year earlier and above the FactSet consensus analyst estimate of $0.37. Fiscal Q2 net sales were $4.87 billion, up from $4.81 billion a year ago and above the FactSet consensus of $4.81 billion. For fiscal Q3, the company expects an adjusted diluted loss of $0.23 to $0.19 on net sales of $4.65 billion to $4.70 billion. Analysts polled by FactSet expect an adjusted loss of $0.06 on sales of $4.65 billion. For fiscal 2026, Macy's expects adjusted diluted EPS of $2.15 to $2.35, up from its prior outlook of $2 to $2.20 and compared with the FactSet consensus of $2.24. The company expects fiscal 2026 net sales of $21.675 billion to $21.825 billion, up from its previous guidance of $21.50 billion to $21.75 billion and compared with the FactSet consensus of $21.72 billion. Macy's shares were down 2.9% around midday.Amazon (AMZN) Ads, the technology giant's advertising arm, has entered into a partnership with OpenAI through which it will let its advertisers place ads in ChatGPT, according to media reports. Amazon shares were up 0.1%.Cooper Companies (COO) reported fiscal Q3 adjusted EPS late Wednesday of $1.15, up from $1.10 a year earlier and above the FactSet consensus of $1.12. Fiscal Q3 revenue was $1.07 billion, up from $1.06 billion a year ago but below the FactSet consensus of $1.10 billion. For fiscal Q4, the company expects adjusted EPS of $1.05 to $1.09 on revenue of $1.06 billion to $1.08 billion. Analysts polled by FactSet expect $1.19 and $1.11 billion, respectively. For fiscal 2026, Cooper expects adjusted EPS of $4.51 to $4.55 on revenue of $4.23 billion to $4.25 billion. Previously, it expected adjusted EPS of $4.58 to $4.66 on revenue of $4.29 billion to $4.32 billion. Analysts expect $4.63 and $4.31 billion, respectively. Cooper shares were down 13.6%.Bending Spoons (BSP) said Thursday it has agreed to buy Miro at an enterprise value of about $1.36 billion. The all-cash deal implies an equity value of $1.79 billion, the company said. Shares of Bending Spoons were up 8.4%.Redwood Trust (RWT) plans to offer $150 million of convertible senior notes due 2030 in a private offering to institutional buyers, the company said Thursday. Redwood shares were down 17.8%.Grab (GRAB) is in talks to potentially acquire a majority interest in Singapore-based buy-now-pay-later firm Atome Financial, Bloomberg reported Thursday, citing people familiar with the matter. The acquisition could price Atome at over $2 billion, the report said, citing the people. Grab shares were down 0.5%.Price: $20.82, Change: $-0.70, Percent Change: -3.23%

$AMZN$BSP$COO$GRAB$M$RWT

US Markets3h ago

Bending Spoons to Acquire Miro in $1.36 Billion Enterprise Deal

Bending Spoons (BSP) has agreed to acquire workspace collaboration platform Miro in an all-cash deal with an enterprise value of about $1.36 billion, as part of the Italian technology company's strategy to purchase digital businesses and optimize them for long-term ownership.The transaction implies an equity value of roughly $1.79 billion, Bending Spoons said Thursday. Certain Miro shareholders also agreed to invest $295 million of their proceeds in newly issued stock of the Italian firm.Shares of Bending Spoons, which began trading publicly on the Nasdaq in July, rose 6.4% in Thursday trade.Miro has generated around $600 million in annual recurring revenue, or ARR, with almost 90% from business and enterprise customers, Bending Spoons Chief Executive Luca Ferrari said in a statement.Miro, which acquired the artificial intelligence platform for product teams Reforge in March, serves more than 750 customers with over $100,000 in ARR, according to Miro CEO Andrey Khusid.The transaction, which requires regulatory approval, is expected to close in the fourth quarter. Both companies plan to operate independently until the deal closes.After completion, Bending Spoons aims to invest substantially in Miro's fundamentals that support critical collaborative work, according to Ferrari. "We acquire businesses with the intention of owning and operating them for the long term, and Miro will be no exception."Last week, the Italian company completed the acquisition of Airtable for about $1.29 billion. Airtable provides a platform used by organizations to re-organize data and manage workflows.In August, Bending Spoons reported second-quarter adjusted earnings of $0.46 a share, up from $0.17 the year before. Revenue surged 126% to $704.2 million. At the time, the company said it expected revenue to come in between $2.78 billion and $2.82 billion for 2026, while the current consensus on FactSet is for $2.89 billion.In a client note emailed last month, BofA Securities downgraded its rating on Bending Spoons' stock to underperform from neutral, citing concerns over the company's actual debt capacity and merger and acquisition strategy. The brokerage estimated the firm will have only around $7 billion in available debt capacity by the end of 2027, which won't be enough to complete its implied deal volume by 2028, it said at the time.In the broader industry, AI lab OpenAI, which confidentially filed for its potential initial public offering in the US earlier in the year, revealed last month that it had acquired presentation startup NextSlide for an undisclosed sum. In November 2025, Workday (WDAY) completed the purchase of AI firm Sana for about $1.1 billion.Price: $39.82, Change: $+2.07, Percent Change: +5.48%

$BSP$WDAY

Wire28d ago

Top Midday Decliners

Cellebrite DI (CLBT) shares sank 33% amid heavy trading after the company reported Thursday a decline in Q2 non-GAAP earnings and set out its Q3 revenue outlook below analysts' expectations.More than 27.7 million shares of the company traded intraday compared with a daily average of about 2 million.Bending Spoons (BSP) reported full-year revenue guidance below market expectations, taking the shine off Q2 adjusted earnings and sales growth.Shares declined 20%, with intraday trading volume rising to over 3.34 million from a daily average of about 3.32 million.Cisco (CSCO) reported overnight a flat fiscal Q4 services revenue at $3.79 billion, missing the FactSet-polled consensus of $3.81 billion. On a non-GAAP basis, product gross margin fell to 64.8% from 67.5% a year ago, weighing on total gross margin.Shares slumped 9.5% as intraday trading volume catapulted to over 42.6 million from a daily average of about 24.9 million.Price: $10.21, Change: $-5.05, Percent Change: -33.08%

$BSP$CLBT$CSCO

Wire28d ago

Update: Bending Spoons Shares Fall as Full-Year Revenue Outlook Misses Expectations

(Updates with the company's latest stock move in the headline and in the first paragraph.)Bending Spoons' (BSP) shares were down more than 16% in Thursday trading after its full-year revenue guidance came in below Wall Street expectations.The company reported Q2 adjusted earnings Wednesday of $0.46 per diluted share, up from $0.17 a year earlier.Revenue for the quarter ended June 30 was $704.2 million, compared with $311.1 million a year earlier.Analysts projected $682.8 million.For Q3, the company expects revenue in the range of $733 million to $745 million. Analysts forecast $738.7 million.For the full year, Bending Spoons expects revenue in the range of $2.78 billion to $2.82 billion. Analysts expect $2.90 billion.Price: $41.24, Change: $-7.75, Percent Change: -15.81%

$BSP

Research45d ago

JPMorgan Initiates Bending Spoons at Neutral With $35 Price Target

Bending Spoons (BSP) has an average rating of overweight and mean price target of $39.86, according to analysts polled by FactSet.

$BSP

Research45d ago