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Market updates
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
Rate Cuts Could Make Things Worse for Banks Before They Help
July 13, 2024 10:00 PM AEST| By EODHDWith the Federal Reserve poised to begin cutting interest rates, lenders could get caught between falling yields and rising deposit costs, especially if loan growth is slow. Continue reading View comm...
Boeing begins 777X certification flight trials with U.S. FAA, Air Current says
July 13, 2024 06:06 PM AEST| By EODHD(Reuters) - Boeing formally began flight testing of the 777-9 with U.S. aviation regulators onboard, The Air Current reported late on Friday, marking a step forward in the certification process. The s...
Why Nvidia Stock Can Keep Climbing. Plus, Apple, MGM, and More From Analyst Reports.
July 13, 2024 08:44 AM AEST| By EODHDAnalysts weigh in on the prospects for Nvidia, Apple, Corning, Citizens Financial, Itron, and MGM Resorts International. Continue reading View comments
Meta to ease limits on Trump's Facebook, Instagram accounts
July 13, 2024 06:16 AM AEST| By EODHDWASHINGTON (Reuters) - Meta said on Friday it was ending the suspension of former U.S. President Donald Trump's Facebook and Instagram accounts in the coming weeks. (Reporting by Jasper Ward and Mrina...
US Equities Markets Close Higher Friday After Producer Prices Rise Above Expectations
July 13, 2024 06:05 AM AEST| By EODHDUS Equities Markets Close Higher Friday After Producer Prices Rise Above Expectations
Sector Update: Tech Stocks Gain in Late Trading
July 13, 2024 05:57 AM AEST| By EODHDSector Update: Tech Stocks Gain in Late Trading
Sector Update: Financial Stocks Rise in Late Afternoon Trading
July 13, 2024 05:46 AM AEST| By EODHDSector Update: Financial Stocks Rise in Late Afternoon Trading
Sector Update: Financial Stocks Higher in Afternoon Trading
July 13, 2024 03:56 AM AEST| By EODHDSector Update: Financial Stocks Higher in Afternoon Trading
Citigroup Second-Quarter Results Top Views Amid Jump in Investment Banking Revenue
July 13, 2024 02:07 AM AEST| By EODHDCitigroup Second-Quarter Results Top Views Amid Jump in Investment Banking Revenue
Canadian AI All-Stars: Unveiling the Top Stocks for 2025