Published: 2/13/2024 5:39 PM ET | The Canadian market suffered one of its worst setbacks in recent months as stocks tumbled on sustained selling pressure on Tuesday after data showing a bigger […]
Category: Uncategorized
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Shopify shares fall even as quarterly revenue beats estimates on demand during holiday shopping season
Canada’s Shopify SHOP-T -10.46%decrease topped Wall Street estimates for fourth-quarter revenue and profit on Tuesday, riding on demand for its ecommerce services from merchants during the holiday shopping season. However, the company’s shares […]
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U.S. consumer prices rose more than expected in January amid surge in cost of shelter
U.S. consumer prices rose more than expected in January amid a surge in the cost of shelter, but the pickup in inflation did not change expectations that the Federal Reserve […]
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Shopify hikes Plus plan subscription by 25 per cent
Shopify Inc. SHOP-T +3.28%increase is increasing the base price of its advanced merchant subscription plan, a long-expected hike following the increase of its Basic plan prices last year. Shopify, which provides an online […]
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Economic Calendar: Feb 12 – Feb 16
Monday February 12 China’s markets closed all week Japan’s markets closed (2 p.m. ET) U.S. budget balance for January. Earnings include: Arista Networks Inc.; PrairieSky Royalty Ltd.; Waste Management Inc. — […]
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Nat-Gas Prices Sink as Warm U.S. Winter Weather Continues
March Nymex natural gas (NGH24) on Friday closed -0.070 (-3.65%). Nat-gas prices on Friday extended their month-long decline and posted a 3-1/3 year nearest-futures low as above-normal temperatures this winter […]
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What is ranked choice voting, the contentious election method expanding across the nation
Thousands of Americans planning to head to the polls this year will use a voting method that has been popularized in recent U.S. history and continues to face backlash from some critics […]
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Regional bank hit with 3rd credit downgrade as crisis concerns linger
New York Community Bank (NYCB) was hit with its third credit downgrade as fears linger that the regional bank could be in peril nearly a year after the regional banking sector […]
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Cameco reports US$80M Q4 profit compared with loss a year ago, revenue up
Cameco Corp. reported a fourth-quarter profit compared with a loss a year earlier as its revenue rose more than 60 per cent. The uranium miner says it earned $80 million […]