IBM shares tumble on soft results amid high expectations
International Business Machines (NYSE:IBM) reported third-quarter earnings that beat analyst estimates, but revenue fell short of expectations, sending shares down 4.5% in after-hours trading. The ...
Stocks Digest Bank Rate Decrease
Equities in Canada’s primary marketplace took their bruises Wednesday, as the Bank of Canada sharply lowered interest rates ...
Upwork shares surge on organizational changes, preliminary Q3 results
Upwork Inc. saw its shares surge more than 25% on Wednesday following the announcement of significant organizational changes and preliminary third-quarter 2024 results that exceeded expectations. The ...
Stocks Plunge Following BoC Rate Cut
Canada's main stock index slipped on Wednesday due to falling commodity stocks, as investors evaluated a half-point interest rate cut by the Bank of Canada and anticipated further reductions in the ...
Oil Slips 2% on Higher Crude Stocks
Oil prices fell on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though futures ...
Starbucks CEO Hints at Menu Change After Preliminary Results
Starbucks (NASDAQ:SBUX) released its preliminary fourth quarter and full year fiscal year 2024 results after markets closed on Tuesday, October 22, 2024. Meanwhile, its new CEO Brian Niccol, who ...
Dye & Durham at 52-Week High on Possible Sale
Dye & Durham Limited (T.DND) hit a new 52-week high of $18.83 Wednesday. Engine Capital LP, which owns approximately 7.1% of ...
Enphase Posts Earnings Miss as Stock Sinks in After-Hours Trading
Enphase (NASDAQ:ENPH) is a Fremont, California-based company that is engaged in the design, development, manufacture, and sale of home energy solutions for the solar photovoltaic industry in the ...
Starbucks Stock Falls 5% As Company Suspends Guidance
Shares of Starbucks (SBUX) are down 5% after the retail coffee chain announced preliminary quarterly results and suspended ...
Speculate on Walgreens Boots, Etsy, and More
After Walgreens Boots (WBA) posted quarterly results, the stock popped from around $9.00 to over $11.00. Longtime shareholders are hopeful that the downtrend in the drugstore business is coming to an ...
McDonald’s Stock Falls 10% On News Of E. coli Outbreak
Shares of McDonald’s (MCD) are down 10% after the Centers for Disease Control and Prevention (CDC) reported an E. coli ...
Trump Media Stock Rises As U.S. Election Draws Near
Shares of Trump Media & Technology Group (DJT) are steadily rising as the Nov. 5 U.S. presidential election draws near. The stock of Trump Media rose 10% on Oct. 22 as oddsmakers bet on a win by ...