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Market updates
Goldman Sachs profits more than double in second quarter as dealmaking comes back on Wall Street
July 15, 2024 10:20 PM AEST| By EODHDNEW YORK (AP) — Goldman Sachs is posting a massive 150% jump in second quarter profits Monday, helped by a resurgence of dealmaking and underwriting that has revived investment banking after the slow...
Magna International Price Target Lowered to US$57 at TD
July 15, 2024 10:14 PM AEST| By EODHDMagna International Price Target Lowered to US$57 at TD
Cogeco Communications Price Target Raised to $76 at RBC
July 15, 2024 10:05 PM AEST| By EODHDCogeco Communications Price Target Raised to $76 at RBC
PayPal Fined $27.4 million by Polish Regulator for Ambiguous Language in User Agreement
July 15, 2024 09:35 PM AEST| By EODHDPayPal Fined $27.4 million by Polish Regulator for Ambiguous Language in User Agreement
Goldman profits surge 150% from year ago on Wall Street rebound
July 15, 2024 09:30 PM AEST| By EODHDGoldman Sachs (GS) reported that its second-quarter profits soared 150% from a year ago as investment banking surged, the latest signal that Wall Street is warming up after a two-year drought. Net inc...
OpenAI Reportedly Working on New AI Models
July 15, 2024 09:30 PM AEST| By EODHDOpenAI Reportedly Working on New AI Models
Franco-Nevada, Osisko Acquire Gold Stream on SolGold's Cascabel Copper-Gold Project in Ecuador
July 15, 2024 08:58 PM AEST| By EODHDFranco-Nevada, Osisko Acquire Gold Stream on SolGold's Cascabel Copper-Gold Project in Ecuador
Champion Iron, Labrador Iron Ore Royalty Temporarily Shut Down Operations Due to Wildfires
July 15, 2024 08:24 PM AEST| By EODHDChampion Iron, Labrador Iron Ore Royalty Temporarily Shut Down Operations Due to Wildfires
Tesla's UK lawsuit for 5G patents licence thrown out by UK court
July 15, 2024 08:13 PM AEST| By EODHDLONDON (Reuters) - U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent licence ahead of the aut...
How Startup Wiz Went From Zero to a Possible $23 Billion Sale to Google in Four Years
July 15, 2024 07:30 PM AEST| By EODHDThe cloud cybersecurity company founded by a group of ex-Israeli military officers is close to landing the tech industry’s biggest exit in years. Continue reading View comments
Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head
July 15, 2024 06:59 PM AEST| By EODHDBy Selena Li HONG KONG (Reuters) - Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, the latest Wall Street bank to bolster its lead...
PayPal fined $27.3 million by Polish watchdog for ambiguous clauses
July 15, 2024 06:00 PM AEST| By EODHDWARSAW (Reuters) - Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual...
James Anderson, Nvidia and exponential gains
July 15, 2024 03:00 PM AEST| By EODHDIn today’s newsletter:Nvidia could reach $50tn market cap in a decade, says leading tech investorTop ECB official sounds alarm on shadow
Smartphone Market Grows 6% as AI and Discounts Help Demand
July 15, 2024 12:30 PM AEST| By EODHD(Bloomberg) -- Apple Inc.’s iPhone shipments stabilized in the June quarter as the wider smartphone market accelerated its growth, according to independent research. Most Read from Bloomberg Trump Sho...
Google near deal to acquire cybersecurity startup Wiz for $23 billion - WSJ
July 15, 2024 01:32 AM AEST| By EODHDAlphabet Inc. (NASDAQ:GOOGL), the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for about $23 billion, the Wall Street Journal reported Sunday, citing people fami...
Tesla’s Market Share Is Below 50%. Here’s the Upside.
July 15, 2024 01:23 AM AEST| By EODHDTesla sold about 164,000 EVs to Americans in the second quarter, down about 6% from the same time last year. Its market share dropped to 49.7% from 59.4% a year ago. That’s all OK. Continue reading Vi...
Amazon Hits Prime Time for Earnings Expansion
July 14, 2024 09:30 PM AEST| By EODHDAdvertising and cloud growth have boosted margins and made the stock’s valuation cheaper even as the company’s market cap surges past $2 trillion. Continue reading View comments
Elon Musk endorses Trump after shooting at campaign rally as political risk expert warns ‘US democracy in crisis’
July 14, 2024 10:43 AM AEST| By EODHDTesla CEO Elon Musk endorsed Donald Trump on Saturday, just minutes after a shooting at a campaign rally injured the former president. On his social media platform X, Musk tweeted "I fully endorse Pre...
CHAMPION IRON TEMPORARLY SHUTS DOWN OPERATIONS AS A PREVENTIVE MEASURE IN RESPONSE TO FOREST FIRES IN THE REGION
July 14, 2024 02:31 AM AEST| By EODHDMONTRÉAL, July 13, 2024 /CNW/ - (Sydney, July 14, 2024) - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") is temporarily shutting down operational activities a...
Tesla Pauses After Huge Run Amid Robotaxi News; BYD Breaks Out Amid Big Overseas Move
July 13, 2024 10:41 PM AEST| By EODHDTesla halted a huge run on reports that a robotaxi event will be delayed. BYD has broken out amid booming sales and big overseas push. Continue reading View comments
Canadian AI All-Stars: Unveiling the Top Stocks for 2025