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Coupang reported a drop in profit in the latest quarter after including the losses incurred at Farfetch, the luxury goods platform it acquired for $500 million. Based in Seattle, Coupang operates an ...
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The developer and operator of bitcoin mining data centers posted a first-quarter net profit of $39.9 million, or 13 cents a share, compared with a loss of $4.6 million, or 2 cents a share, for the ...
Key details: Credit-card borrowing rose a slight 0.1% in March after a 9.7% gain in the prior month. That's the slowest pace since April 2021. Nonrevolving loans, mainly student and auto loans, rose 2 ...
ServiceNow NOW released its first-quarter earnings report on April 24 and held its investor day presentation on May 6. Here’s Morningstar’s take on ServiceNow’s earnings and the outlook for its stock.
An arm of Canadian National Railway dealing with trucking container pickup and deliveries has reached a tentative deal with owner-operators affiliated with labor union Unifor even as the threat of a ...
Minneapolis Fed President Neel Kashkari said Tuesday that he can't rule that the next move from the central bank will be a rate hike. "The bar to raising is quite high, but it is not infinite," ...
Storskogen Group AB Series B was the biggest leader among large stocks during the session, jumping 13.8%, and BioGaia AB Series B surged 13.4%. Embracer Group AB Series B rounded out the top three ...
With those conditions now a distant memory, it shouldn’t come as a surprise that correlations between stocks and bonds have sharply increased. Correlations between stocks and bonds edged into positive ...
Toronto-listed stocks were moderately higher mid-trading on Tuesday. Most sectors were trending higher in the session, led by tech, producer manufacturing and process industries. Of the few declines, ...
Coca-Cola Consolidated shares jumped after the company reported a higher profit for the first quarter and announced a $3.1 billion share repurchase plan. Shares were up 15% to $984.76 in recent ...