Category: posts
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Dow sinks, S&P 500 posts worst day of 2025 after Trump forges ahead on tariffs
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US stocks plummeted on Monday afternoon, with selling accelerating in the last hour of trading after President Trump indicated there was “no room left” for tariff negotiations with Canada and Mexico, indicating that new levies against both countries will go into effect tomorrow. The S&P 500 (^GSPC) fell 1.7%, posting…
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Ottawa posts $21.7 billion deficit, April-to-December
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Article content The result is compared to a deficit of 23.6 billion dollars for the same period in the previous year. According to the monthly financial screen of the Ministry of Finance, the total revenues of the nine -month period amounted to 355.6 billion dollars, an increase of approximately 318.1…
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Rivian posts $170 million ‘gross profit’ in Q4, sees losses decreasing as variable costs improve
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Rivian (Rivn) reported strong results in the fourth quarter after the bell on Thursday and got its goal of spreading a “total profit” for the quarter, with EBITDA smaller than expected in 2024 (pre -interest profits, taxes, consumption, and firefighting) is a loss of preamble. The company also sees a…
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Intel stock posts biggest five-day gain in history amid report of potential breakup
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Intel (INTC) jumped by 16 % on Tuesday after a report that its competitors (AVGO) and TSMC (TSM) explore potential deals with the chips maker that would divide them into two parts. The Wall Street Journal reported late on Saturday Broadcom (AVGO) He is considering submitting an Intel productsIt designs…
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Intel stock posts biggest five-day gain in history amid report of potential break-up
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Intel (INTC) jumped by 16 % on Tuesday after a report that its competitors (AVGO) and TSMC (TSM) explore potential deals with the chips maker that would divide them into two parts. The Wall Street Journal reported late on Saturday Broadcom (AVGO) He is considering submitting an Intel productsIt designs…
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PepsiCo Posts Lower Sales Than Expected for Third Straight Quarter
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Justin Sullivan / Getty Emp Pepsico’s fourth quarter profits were absent on Tuesday, with revenue for the third quarter in a row. The sales decreased and the profits rose slightly, but each scale came worse than expected. Sales decreased in the Pepsico sectors in North America while internationally grew. Pepsico…
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Bitcoin Posts First Weekly Decline Since Trump’s Election Win
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(Bloomberg) — Bitcoin posted its first weekly decline since Donald Trump’s election victory, as a dovish outlook for Federal Reserve policy dampened optimism about the president-elect’s embrace of the cryptocurrency sector. Most read from Bloomberg The largest digital asset fell 9.5% during the seven-day period to 10 a.m. Monday in…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Robinhood Posts 165% Revenue Growth In Q3 Earnings Report
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This article is also available in Spanish. Robinhood, the popular American financial services company, is finally out of the woods. In its report for the third quarter ending September 30, 2024, the company revealed its results Revenue increased by 165%The total net deposits since the beginning of the year to…
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Solana Posts More Volume Than Ethereum, Layer-2s: $200 Incoming?
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Solana stands out as one of the most active networks, looking at engagement levels over the past few months. Despite concerns about FTX and whether asset allocation will lead to a dump, bulls are optimistic about what lies ahead. Stockholders expect SOL prices to rise in the coming days for…
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Solana Posts More Volume Than Ethereum, Layer-2s: $200 Incoming?
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Solana stands out as one of the most active networks, looking at engagement levels over the past few months. Despite concerns about FTX and whether asset allocation will lead to a dump, bulls are optimistic about what lies ahead. Stockholders expect SOL prices to rise in the coming days for…
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Airbus posts lower deliveries, wins bumper order from private customer By Reuters
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European planemaker Airbus said on Friday its deliveries fell in August after a sharp rise the previous month, a decline that analysts said leaves the company struggling to deliver strong year-on-year growth to meet an annual target. The aircraft maker said it has delivered 47 aircraft, down from 77 in…
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Kenya Airways posts first profit in 11 years
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Kenya Airways (KQ) has ended its losing streak by posting a net profit of Sh513 million in the first half of the year to June, helped by lower debt servicing costs. The airline last posted a profit of Sh384 million in the first half of the year to June 2013…
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Australia’s Westpac posts steady Q3 profit, helped by higher capital earnings By Reuters
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(Reuters) – Australia Westpac Banking New York Stock Exchange (NYSE:) Corp. said Monday that third-quarter net income was largely in line with a year ago, as higher gains on capital and protected deposits offset rising expenses and bad loans. Based on the company’s average quarterly performance in the first half…
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Mizrahi Tefahot posts highest Q2 ROE among Israel’s banks
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Mizrahi Tefahot Bank, Israel’s third-largest bank, reported a net profit of NIS 1.45 billion in the second quarter, up 3.4% from the same quarter in 2023. Mizrahi Tefahot is the second bank to report an increase in profits on an annual basis, after Bank Hapoalim. Discount Bank and Bank Leumi…
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Paramount Global writes down value of cable networks, posts first streaming profit By Reuters
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By Don Chmielewski (Reuters) – Paramount Global Inc wrote down about $6 billion in the value of its cable networks on Thursday even as the company’s broadcast business reported its first quarterly profit. The decline reflects shrinking viewership at cable networks like Nickelodeon, MTV and Comedy Central, which translates into…
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Mistras Group posts strong Q2 growth, eyes cash flow improvement By Investing.com
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Mistras Group (NYSE: NYSE:) reported a significant increase in financial performance for the second quarter of 2024, with notable revenue growth and a substantial rise in adjusted EBITDA. The company’s Aerospace and Defense segment experienced robust double-digit growth, contributing to the overall positive results. Despite these gains, Mistras Group acknowledged…
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Champion Iron posts record sales, focuses on green growth By Investing.com
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Champion Iron Limited (CIA.TO) has announced its first quarter results for the fiscal year 2025, showcasing a period of robust performance and strategic advancements. The company achieved record sales, crossing the 3.4 million tonnes mark, and produced approximately 3.9 million tonnes of high-grade iron ore. A notable achievement during the…
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Riot Platforms posts 52% decrease in Bitcoin production for Q2
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Bitcoin mining company Riot Platforms has released its Q2 financial results, which showed a decline in cryptocurrencies mined due to the recent halving. Colorado-based Bitcoin (BTC) mining company Riot Platforms has revealed its financial results for the second quarter, highlighting a significant drop in mined cryptocurrency attributed to the recent…