Author: Bella Hayes
Baystreet.ca – Canada’s main stock index extended its losses from the previous session on Friday, hurt by mining and energy shares, while investors grappled with global economic uncertainty and tariff threats, weighing on the market sentiment. The lost 146.78 points to reach noon on Friday at 25,263.93, for a loss on the week so far of 427 points, or 1.7%. The ditched 0.09 cents to 70.24 cents U.S. In corporate news, the U.S. Federal Reserve said on Thursday it had approved an application by Scotiabank (TSX:) to buy up to 14.99% of the voting shares in U.S. regional lender KeyCorp…
LOS GATOS, Calif. – Netflix, Inc. (NASDAQ: NASDAQ:), the global streaming giant currently valued at $391 billion, has scheduled the release of its financial results for the fourth quarter of 2024. The announcement will be made available on the company’s investor relations website on Tuesday, January 21, 2025, at approximately 1:00 p.m. Pacific Time. The company’s stock has shown remarkable strength, delivering a 90% return year-to-date, though InvestingPro analysis indicates the stock may be trading above its Fair Value. Following the release, a live video interview with Netflix’s co-CEOs Ted Sarandos and Greg Peters, along with Chief Financial Officer Spence…
In a challenging year for Aptevo Therapeutics Inc (NASDAQ:)., the biotechnology firm’s stock has plummeted to a 52-week low, trading at $5.1. With a beta of 5.01 indicating high volatility, InvestingPro analysis shows the company maintains a current ratio of 1.7 and holds more cash than debt on its balance sheet. This latest price point underscores a tumultuous period for the company, which has seen its stock value erode by an alarming 98.16% over the past year. Investors have been closely monitoring APVO as it navigates through a series of hurdles, with the market responding to both industry-wide pressures and…
Lumentum Holdings Inc . (NASDAQ:) stock has reached a remarkable milestone, soaring to a 52-week high of $96.08. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with analysts setting price targets ranging from $60 to $115. This peak reflects a significant surge in the company’s market performance, marking a substantial turnaround from its previous positions. Over the past year, Lumentum’s stock has witnessed an impressive 91.1% increase, indicating robust investor confidence and a strong financial trajectory for the company. The company maintains strong liquidity with a current ratio of 5.36, demonstrating solid financial health.…
Miami, FL and New York, NY, Dec. 13, 2024 (GLOBE NEWSWIRE) — Digihost Technology Inc. (Digihost) (NASDAQ/TSXV: DGHI), an innovative energy infrastructure company developing cutting-edge data centers, and NANO Nuclear Energy Inc. (NASDAQ: NNE) (NANO Nuclear), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced the signing of a Memorandum of Understanding (MOU) to advance the transition to carbon-free energy at Digihost’s 60 megawatt upstate New York power plant. This strategic collaboration leverages NANO Nuclear’s cutting-edge advanced nuclear reactor technologies in development to provide clean, reliable, and scalable energy for Digihost’s high-tech…
Investors are closely monitoring Affirm Holdings , Inc. (NASDAQ: NASDAQ:) as the company’s Chief Financial Officer, Rob O’Hare, prepares to engage in a fireside chat today. The event, set to start at 11:00 AM Eastern Time, will be hosted by Deutsche Bank (ETR:) analyst Bryan Keane and is expected to cover a range of topics including the company’s strategic direction, product offerings, business model, and financial performance. The live webcast of the chat will be accessible on Affirm’s investor relations website, allowing shareholders to tune in to the discussion. Management will also take this opportunity to answer some of the…
Earth Science Tech, Inc. (OTC:ETST) Director Yovan Arturo Sanchez recently acquired 100,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The company, which InvestingPro analysis shows is currently undervalued, has demonstrated strong financial health with a perfect Piotroski Score of 9. The shares were purchased on December 12 at a price of $0.12 per share, amounting to a total transaction value of $12,000. Following this transaction, Sanchez’s direct ownership in the company increased to 1,350,000 shares. All purchases were made on the open market. This insider purchase aligns with broader company momentum,…
Analysis from UBS indicates a decrease in the risk premium for European gas, as stable Russian supply has led to a drop in TTF futures below €45/MWh, down from earlier winter highs of €49/MWh. Despite ongoing uncertainties around Russian piped gas exports to Europe, the market has shown resilience with prices expected to fluctuate in the low to mid-€40 range for the remainder of the winter season. European gas storage levels have aligned with the five-year average, standing at 81% or 84 billion cubic meters (bcm) as of December 10, although this is 10% lower than the same period in…
Successful entry into the billion-euro market for nursing and elderly care with the CA-1 robot and CircusAI, enabling personalized menus and automated services to ease the workload of care staff.Addressing a key social need with over 30 million people in need of care in Europe, Circus leverages AI and robotics to revolutionize food service in care facilities. HAMBURG, Germany–(BUSINESS WIRE)–Circus SE (Xetra: CA1), a leading technology company for AI and robotics in the food service sector, can announce the first successful deal with customers from the nursing and elderly care market. With its innovative technology, Circus is setting a new…
Investing.com — In its latest report, “Dispatches From The Future (January 2, 2026): The 2025 Recession”, BCA Research outlines potential market outcomes in the event of a 2025 US recession, highlighting dramatic shifts across global markets. In this scenario, equities came under significant pressure, with the falling to as low as 4197 in November before recovering slightly to end the year at 4452. This decline represents a peak-to-trough drop of 31%, and came as a shock to investors and analysts. However, BCA argues this should be no surprise, given that the S&P was trading at 22.4-times forward earnings in December…