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Canada’s economy grew by 0.2% in February, slightly below the market expectations of 0.3%, according to the latest data. This modest rise follows a downward revision for January’s growth, which was adjusted from 0.6% to 0.5%. Statistics Canada also provided a preliminary estimate for March, suggesting that the GDP likely remained unchanged from February, balancing […]

• April 30, 2024 06:51 AM PDT
• Invezz

Energy ministers representing the Group of Seven (G7) major democracies are set to sign an agreement aimed at ending the use of coal in electricity production by 2023 and 2035. However, two diplomatic sources say Germany and Japan may be exempt from this agreement. Outlines of the agreement Sources state that G7 nations promise to […]

• April 30, 2024 06:14 AM PDT
• Invezz

Estee Lauder (NYSE: EL) stock price will be in the spotlight on Wednesday after the embattled company publishes its financial results. The shares were trading at $146.80 on Tuesday, where it has been in the past few days. While the stock has soared by over 45% from its lowest point in December, it remains about […]

• April 30, 2024 05:49 AM PDT
• Invezz

Palo Alto, California, April 30th, 2024, Chainwire Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools and zero-knowledge proofs Sui, the Layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is collaborating with Google Cloud to support […]

• April 30, 2024 05:46 AM PDT
• Invezz

Marathon Petroleum Corp (NYSE: MPC) says solid demand for refined products and tightened fuel supply helped it beat Street estimates in its fiscal Q1. Shares of the oil company are in the green at writing. Institutional investors have been buying $MPC The financial results it reported today bode well for institutional investors considering many of […]

• April 30, 2024 05:36 AM PDT
• Invezz

MilkyWay, the liquid staking hub for Celestia’s modular ecosystem, has received backing from top crypto and blockchain venture capital firms Polychain Capital and Binance Labs. MilkyWay secures $5 million from investors An announcement published on Tuesday revealed that Polychain and Binance Labs led MilkyWay’s $5 million seed round raise. The investment round also attracted the […]

• April 30, 2024 05:36 AM PDT
• Invezz

Luckin Coffee stock price was little changed in the pre-market session after the company published its first-quarter results. It was trading at $21.13 in New York, where it ended the day on Monday. It has crashed by over 23% this year amid rising concerns about the rising coffee prices. Luckin Coffee earnings Luckin Coffee’s revenue […]

• April 30, 2024 05:05 AM PDT
• Invezz

PayPal Holdings, Inc., the American multinational fintech company just released its earnings report today for the first quarter of FY24. The company’s Q1 net revenues increased 9% to $7.7 billion. Transaction margin dollars increased by 4% to $3.5 billion. According to an announcement made by the company on February 7, 2024, PayPal’s non-GAAP results are […]

• April 30, 2024 05:01 AM PDT
• Invezz

Tel Aviv, Israel, April 30th, 2024, Chainwire Harris and Trotter Digital Assets, a London-based, global-serving cryptocurrency accountancy firm, has finalized a $10 million funding round, marking a significant stride towards tackling a problem that all Web3 projects face: accounting. Orbs led the round, which included investments from Kingsway Capital, RE7 Capital, and other prominent individuals […]

• April 30, 2024 04:53 AM PDT
• Invezz

The Securities and Exchange Commission wanted Terraform Labs and Do Kwon, the platform’s co-founder, to pay $5.3 billion in civil penalties for deceiving investors. The jury found the crypto company and co-founder guilty of misleading customers on April 5. Meanwhile, Terraform’s defense team believes a $1 million is a more appropriate penalty, compared to the SEC’s proposed billion-dollar […]

• April 30, 2024 04:52 AM PDT
• Invezz