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Stocks eke out gain as Nvidia rally slows, yields slip
Business

Stocks eke out gain as Nvidia rally slows, yields slip

February 23, 2024February 23, 2024

By Herbert Lash NEW YORK (Reuters) -A gauge of global equity markets lost steam on Friday but still set a…

TSX ends higher, wraps up week with gains
Business

TSX ends higher, wraps up week with gains

February 23, 2024February 23, 2024

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

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

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

February 23, 2024February 23, 2024

By Niket Nishant and Manya Saini (Reuters) -Reddit disclosed on Thursday that its net loss narrowed to $90.8 million and…

Carvana shares ride higher after first annual profit
Business

Carvana shares ride higher after first annual profit

February 23, 2024February 24, 2024

(Reuters) -Shares of Carvana surged nearly 40% on Friday after the used-car retailer posted its first annual profit, in a…

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

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

February 22, 2024February 22, 2024

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

Block outlook tops earnings estimates, boosting shares 12%
Business

Block outlook tops earnings estimates, boosting shares 12%

February 22, 2024February 22, 2024

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

Nvidia fuels global stock records, bond yields rise
Business

Nvidia fuels global stock records, bond yields rise

February 22, 2024February 22, 2024

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

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

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

February 22, 2024February 22, 2024

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

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

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

February 22, 2024February 22, 2024

By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and Dow Jones industrials eked out small gains on Wednesday,…

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

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

February 21, 2024February 21, 2024

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

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