Sony And Apollo Bid $26 Billion For Paramount Global: Reports
Sony (SONY) and Apollo Global Management (APO) are reported to have offered $26 billion U.S. in cash to buy entertainment company Paramount Global (PARA). The Wall Street Journal was the first to ...
Hershey’s Earnings Beat Forecasts Despite Record Cocoa Prices
Chocolate giant Hershey (HSY) has managed to report better-than-expected first-quarter financial results despite the price of cocoa reaching all-time highs in recent months. The Pennsylvania-based ...
Shares of Etsy Down Due to GMS Decline
Etsy (NASDAQ:ETSY) is a Brooklyn-based company that operates two-sided online marketplaces that connect buyers and sellers in ...
Profits Surge At Crypto Exchange Coinbase
Cryptocurrency exchange Coinbase (COIN) has reported first-quarter financial results that surpassed Wall Street forecasts, including a surge in profits. The company reported earnings per share of ...
Apple Announces Biggest Stock Buyback In History
Consumer electronics giant Apple (AAPL) has announced that it will buyback $110 billion U.S. of its own stock, the largest share repurchase program ever by a publicly traded company. The new share ...
DoorDash Stock Suffers Post-Earnings Plunge
DoorDash (NASDAQ:DASH) is a San Fransisco-based company that operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and around the world.
Block’s Financial Results Beat On The Top And Bottom Lines
Financial technology firm Block (SQ) has reported first-quarter financial results that beat Wall Street forecasts on both the ...
Canada’s March Trade Deficit Grew To $2.28 Billion
Canada reported a trade deficit of $2.28 billion in March, missing by a wide mark economists’ consensus expectation for a $1.21 billion surplus. In releasing the March data, Statistics Canada revised ...
Friday's Biggest Stock News: Apple Monster Buyback, Jobs Report, and Asian Stocks
Over a year ago when investors started losing confidence in Meta Platforms (META), the social networking giant announced a massive stock buyback plan. After Apple (AAPL) posted a 10% drop in iPhone ...
Friday's Biggest Moving Stocks: Moderna, Carvana, Novo Nordisk
Hypergrowth from Covid vaccines back in the 2020-22 era is over. However, Moderna (MRNA) bucked the trend by highlighting its upcoming RSV vaccine. The firm is expecting U.S. regulators to approve its ...
Sony Reportedly Submit $26B Offer for Paramount
Paramount (PARA) is a New York-based media, streaming, and entertainment company that boasts a worldwide presence. Reports had been circulating for some time now that the company’s management had been ...
Futures Eke Higher Ahead of U.S. Jobs Numbers
Futures for Canada's main stock index inched up on Friday, lifted by positive corporate updates, as investors await a key jobs report from the U.S. Labor Department later in the day to gauge the ...