U.S. Stocks Open Higher as Inflation Eases
U.S. stocks rally after new data shows a more favorable inflation rate in October, with Dow up 1% and S&P 500 and Nasdaq Composite surging. Treasury yields decline.
Azul Airlines Updates Guidance for 2023 and 2024
Shares of Azul Airlines surged after the release of updated guidance for 2023 and 2024, with revised revenue and Ebitda estimates. Learn more here.
IBM Announces New AI Tools for Language Models
IBM introduces tools to prevent inappropriate content from language models, unveils governance software to manage AI risk and compliance.
Ron Baron Reflects on Investment in X
Ron Baron discusses his investment in X, expressing concerns about its current state and hopes for returns. He compares it to his cornerstone investments in Tesla and SpaceX. Third-party data shows declining ad revenue since Elon Musk's buy...
Toronto Stocks Rise Ahead of U.S. Inflation Report
Toronto stocks rose ahead of the U.S. inflation report, with gains in commercial services and tech services offsetting declines in consumer durables and tech sectors. First Quantum Minerals scaled back operations amidst protests.
Benchmark Analysts Reiterate Sell Rating on Canopy Growth Corp.
Benchmark analysts express concerns over Canopy Growth Corp.'s severe cash flow deficits, decreasing revenues, and underwhelming cannabis brands. TD Cowen notes improved gross margins, but analysts doubt the effectiveness of management. Des...
Sierra Metals Remains on Track for 2023 Production Target
Sierra Metals, a Canadian mining company, has produced 57.85 million copper equivalent pounds so far this year and expects to reach its production target for 2023. The company's mines in Peru and Mexico are contributing to the output.
Berkshire Hathaway Inc. Cl B Shows Modest Increase
Shares of Berkshire Hathaway Inc. Cl B experienced a slight uptick, highlighting its consistent positive trajectory in recent times. Compare competitor performance and trading volume.
Unity Software Faces Uncertainty Amid Business Review and Developer Backlash
Unity Software faces uncertainty as it undergoes a business review and addresses developer concerns. Analysts raise questions about the company's prospects and express their views on its future.
Petrobras Reports Decline in Profit for Q3 2021
Petrobras reports a decline in profit for Q3 2021 due to lower oil prices and a weakened U.S. dollar. Sales volume increased, but revenue decreased. The company remains focused on overcoming challenges and maintaining its industry position.