Company News - Diamond Offshore Drilling, Inc. has signed a definitive agreement to be acquired by Noble Corporation plc in a stock-plus-cash transaction [4] - Big Tree Cloud Holdings Limited shares surged 109% to $3.9484 following its business combination with Plutonian Acquisition Corp [5] - KWESST Micro Systems Inc. shares increased by 158% to $1.0099 after receiving a sub-contract worth up to C$48 million from Thales Canada [5] - ICC Holdings, Inc. shares rose 43% to $22.04 after Mutual Capital Group announced its intention to acquire the company for $23.50 per share [5] - Perion Network Ltd. shares fell 33% to $8.22 after the company cut its revenue outlook [6] - Sify Technologies Limited shares dropped 26% to $0.6101 following the announcement of its voluntary delisting from Nasdaq [6] - Enservco Corporation shares decreased by 26% to $0.1780 after NYSE Regulation initiated delisting proceedings [6] Market Performance - The Dow increased by 0.11% to 38,842.27, while the NASDAQ fell by 0.04% to 17,125.62, and the S&P 500 rose by 0.04% to 5,349.38 [2] - Financial shares experienced a decline of 0.3% [3] - Utilities shares climbed by 1.4% [13] - Oil prices rose by 2.7% to $77.59, and gold prices increased by 0.2% to $2,328.70 [14]
Crude Oil Rises Sharply; ICC Holdings Shares Spike Higher