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Category: Business

TSX ends higher, wraps up week with gains
Business

TSX ends higher, wraps up week with gains

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

February 23, 2024February 23, 2024
Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street
Business

Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street

By Aditya Soni and Patturaja Murugaboopathy (Reuters) -Nvidia briefly hit $2 trillion in market value for the first time on…

February 23, 2024February 23, 2024
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

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

February 23, 2024February 23, 2024
Carvana shares ride higher after first annual profit
Business

Carvana shares ride higher after first annual profit

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

February 23, 2024February 24, 2024
S&P 500, Dow surge to record closing highs as Nvidia sparks AI frenzy
Business

S&P 500, Dow surge to record closing highs as Nvidia sparks AI frenzy

By David French (Reuters) -The S&P 500 and Dow Jones Industrial Average both surged to record closing highs on Thursday,…

February 23, 2024February 23, 2024
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

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

February 22, 2024February 22, 2024
Block outlook tops earnings estimates, boosting shares 12%
Business

Block outlook tops earnings estimates, boosting shares 12%

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

February 22, 2024February 22, 2024
Yields rise on Fed fears of cutting rates too soon, stocks mixed
Business

Yields rise on Fed fears of cutting rates too soon, stocks mixed

By Herbert Lash NEW YORK (Reuters) -Treasury yields rose on Wednesday after minutes from the Federal Reserve’s last meeting showed…

February 21, 2024February 21, 2024
Nvidia to set the tone
Business

Nvidia to set the tone

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Equity markets across Asia are likely…

February 21, 2024February 21, 2024
TSX down as technology stocks weigh on index
Business

TSX down as technology stocks weigh on index

(Reuters) – Canada’s main stock index was dragged down on Wednesday by a drop in rate-sensitive technology stocks, as shares…

February 21, 2024February 21, 2024

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