Corus Entertainment Inc. Reports Profit in Fiscal Q4
Corus Entertainment Inc. announces profit in fiscal Q4, thanks to business divestiture gain, but faces advertising pressure. Revenue remains stable.
XP Power Reports Lower Revenue
XP Power reports lower revenue for Q3, initiates cost-cutting program and job cuts, suspends dividends, and remains confident in full-year expectations
Amazon.com Reports Strong Q3 Profit Growth
Amazon.com's Q3 profit nearly tripled, driven by strong revenue growth. Consumer spending remains resilient as holiday season approaches. Share price rose by 4.9%.
NerdWallet Sees Positive Momentum in Latest Quarter
NerdWallet reports strong performance in Q3, with a rise in shares, revenue, and user engagement. They plan to expand into the credit card market.
The Surprising Outperformance of the 60/40 Portfolio
Recent results show that the 60/40 portfolio is outperforming elite endowments at universities by a substantial margin. This article explores the reasons behind this surprising trend and suggests considerations for investors.
Western Digital Abandons Talks with Kioxia over Flash Memory Business
Western Digital terminates discussions with Kioxia over flash memory merger, leading to stock decline and uncertain future. Potential value creation from split. Categories: Technology, Business. Tags: Western Digital, Kioxia, Flash memory,...
Meta Platforms Inc.'s Growth Raises Questions on Wall Street
Meta Platforms Inc.'s strong earnings report sparks excitement and caution among investors. Analysts remain optimistic but raise concerns about geopolitical uncertainties and reliance on Chinese ad spend.
W.W. Grainger Posts Strong Profit Growth in Q3
W.W. Grainger reports strong profit growth and impressive sales figures in Q3, driven by steady demand and successful customer acquisitions.
Whitecap Resources Inc. Expects Strong Oil Prices in 2024
Whitecap Resources Inc. predicts strong oil prices in 2024 due to global demand and limited production expansion. The article discusses their 2023 production guidance and the positive outlook for Canadian natural gas.
ServiceNow Reports Strong Quarterly Results and Raises Full-Year Guidance
ServiceNow announces strong quarterly results and increased full-year guidance, driven by its focus on generative AI and dedication to transforming customer experiences.