Business

TSX ends higher, wraps up week with gains The facade of the original Toronto Stock Exchange building is

The facade of the original Toronto Stock Exchange building is

TSX ends higher, wraps up week with gains

Market Spectator February 23, 2024

(Reuters) -Canada’s main stock index gained on Friday, wrapping up the week on a positive note, helped...

Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023 FILE PHOTO: Illustration shows Reddit logo

Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023

Market Spectator February 23, 2024

By Niket Nishant and Manya Saini (Reuters) -Reddit disclosed on Thursday that its net loss narrowed to...

Carvana shares ride higher after first annual profit Vehicles are displayed at a Carvana dealership in Austin

Vehicles are displayed at a Carvana dealership in Austin

Carvana shares ride higher after first annual profit

Market Spectator February 23, 2024

(Reuters) -Shares of Carvana surged nearly 40% on Friday after the used-car retailer posted its first annual...

Carvana posts first-ever annual profit after it cuts debt, shares surge Illustration shows Carvana logo

Carvana posts first-ever annual profit after it cuts debt, shares surge

Market Spectator February 22, 2024

By Bhanvi Satija (Reuters) -Carvana reported its first-ever annual profit on Thursday, helped by its pact with...

Block outlook tops earnings estimates, boosting shares 12% FILE PHOTO: Illustration Block Inc logo

Block outlook tops earnings estimates, boosting shares 12%

Market Spectator February 22, 2024

By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm...

Nvidia fuels global stock records, bond yields rise Traders work on the floor of the NYSE in New

Traders work on the floor of the NYSE in New

Nvidia fuels global stock records, bond yields rise

Market Spectator February 22, 2024

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -AI chipmaker Nvidia’s stunning results sparked a worldwide...

Intel signs Microsoft as foundry customer, says on track to overtake TSMC Dancers perform at an Intel Foundry semiconductor manufacturing event in

Dancers perform at an Intel Foundry semiconductor manufacturing event in

Intel signs Microsoft as foundry customer, says on track to overtake TSMC

Market Spectator February 22, 2024

By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use...

S&P 500, Dow close slightly up; Nvidia gains after the bell FILE PHOTO: Traders work on the floor of the NYSE

FILE PHOTO: Traders work on the floor of the NYSE

S&P 500, Dow close slightly up; Nvidia gains after the bell

Market Spectator February 22, 2024

By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and Dow Jones industrials eked out small...

Morgan Stanley forced Frasers off books with $1 billion margin call, court told FILE PHOTO: The logo for Morgan Stanley is seen on

Morgan Stanley forced Frasers off books with $1 billion margin call, court told

Market Spectator February 21, 2024

By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call...

Icahn Enterprises warns of drop in asset value, names insider Teno CEO FILE PHOTO: Carl Icahn gives an interview on FOX Business

FILE PHOTO: Carl Icahn gives an interview on FOX Business

Icahn Enterprises warns of drop in asset value, names insider Teno CEO

Market Spectator February 21, 2024

(Reuters) -Icahn Enterprises on Wednesday warned of a sequential decline in its indicative net asset value in...