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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
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
Lucid forecasts annual vehicle production below estimates
Business

Lucid forecasts annual vehicle production below estimates

(Reuters) -Lucid Group forecast annual vehicle production far below analysts’ estimates on Wednesday, on signs that demand for its luxury…

February 21, 2024February 21, 2024
Stocks close lower as Nvidia weighs ahead of earnings
Business

Stocks close lower as Nvidia weighs ahead of earnings

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks ended lower on Tuesday, with the Nasdaq showing the largest declines as…

February 20, 2024February 20, 2024
Dollar dips, China boosts global growth hopes
Business

Dollar dips, China boosts global growth hopes

By Karen Brettell NEW YORK (Reuters) -The U.S. dollar weakened on Tuesday after China cut interest rates in a bid…

February 20, 2024February 20, 2024
Nvidia dethrones Tesla as Wall Street’s most traded stock
Business

Nvidia dethrones Tesla as Wall Street’s most traded stock

By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…

February 20, 2024February 20, 2024

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