Desert venture acquires entertainment firm in latest test of Saudi ambitions [Reuters]
Telefonica SA (TEF)
Last telefonica sa earnings: 2/23 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
telefonica.com/en/web/shareholders-investors
Company Research
Source: Reuters
business SEVEN, in a bid to expedite the multi-billion dollar project, sources told Reuters on Tuesday. The acquisition aims to "capitalise on business synergies between the two companies," according to a statement on Saudi state news agency. But a source, who declined to be identified due to the sensitivity of the issue, said the move was designed to ensure that Qiddiya's top projects, including a massive sports stadium that should be ready for the World Cup 2034, are finished on time. Saudi Arabia's highly ambitious efforts to develop its entertainment and tourism industry have faced significant delays, leaving Qiddiya years behind schedule. Crown Prince Mohammed bin Salman, chairman of Saudi Arabia's $700 billion sovereign wealth fund, is banking on entertainment projects such as Qiddiya to transform the kingdom and diversify its economy away from oil under his Vision 2030 program. With deadlines looming for large-scale Saudi-hosted events such as the 2029 Asian Winter Ol
Show less
Read more
Impact Snapshot
Event Time:
TEF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TEF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TEF alerts
High impacting Telefonica SA news events
Weekly update
A roundup of the hottest topics
TEF
News
- Nokia (NOK), Telefonica Team Up to Expand Access of Network APIs [Yahoo! Finance]Yahoo! Finance
- Upword Rolls Out AI Research Companion; Completes $3 Million Pre-Seed Funding Round [Yahoo! Finance]Yahoo! Finance
- Glide joins forces with Google Cloud, Telefonica, MASORANGE, and EnStream unveiling an exciting new Google Cloud-branded Open Gateway experience [Yahoo! Finance]Yahoo! Finance
- Open Banking: Technology trends [Yahoo! Finance]Yahoo! Finance
- Telefónica, S.A. (NYSE: TEF) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a "hold" rating to a "sell" rating.MarketBeat
TEF
Earnings
- 5/10/24 - Beat
TEF
Sec Filings
- 5/22/24 - Form SC
- 5/15/24 - Form SC
- 5/13/24 - Form SC
- TEF's page on the SEC website