Author: Bella Hayes

In a challenging market environment, ZipRecruiter Inc. (ZIP) has seen its stock price touch a 52-week low, dipping to $6.83. The online employment marketplace, known for connecting millions of job seekers with opportunities, has faced significant headwinds over the past year, with revenue declining 30.73%. Despite these challenges, the company maintains impressive gross profit margins of 89.55% and a healthy current ratio of 7.41, according to InvestingPro data. This downturn mirrors broader market trends and investor sentiment, as companies across various sectors grapple with economic uncertainties. ZipRecruiter’s performance at this low threshold will be closely watched by investors and analysts…

SAN DIEGO, Jan. 7, 2025 /PRNewswire/ — Ezoic, the  AI-driven technology platform for digital publishers, recently announced a strategic partnership with The Trade Desk (: NASDAQ:), the world’s second-largest demand-side advertising ecosystem behind Google (NASDAQ:) (facilitating more than $5B in annual ad spend). Typically, demand-side platforms (DSPs) do not integrate directly with publishers or ad management firms; however, Ezoic’s scale, strong relationships, and proprietary tech have positioned it as a key partner in The Trade Desk’s OpenPath program. This collaboration opens a transparent, direct avenue between Ezoic’s independent publishers and The Trade Desk’s advertiser partners, making it safer and simpler…

By Sheila Dang HOUSTON (Reuters) -Hess CEO John Hess said on Tuesday he sees the oil market as closer to being balanced than oversupplied this year, despite worries about demand from China and greater production from U.S. and non-OPEC producers.  He offered an optimistic view of the shale oil market and his company’s own prospects in Guyana in remarks to investors at the Goldman Sachs (NYSE:) Energy, CleanTech and Utilities Conference in Miami, but cautioned the market could be volatile this year, citing political risks with Iran and Venezuela.  “Demand is a little more robust than people thought,” said Hess,…

Investing.com — Anthropic, an artificial intelligence startup, is currently in advanced negotiations to raise $2 billion in a funding round that would increase the company’s value to $60 billion, according to the Wall Street Journal. This development comes amidst a growing interest from investors in AI technology. The funding round is spearheaded by Lightspeed (TSX:) Venture Partners, according to sources close to the matter. The proposed $60 billion valuation encompasses the capital Anthropic plans to raise in this round. If successful, this deal would position Anthropic as the fifth-most valuable U.S. startup, following SpaceX, OpenAI, Stripe, and Databricks, as per…

Mark A. Welsh III, a director at Northrop Grumman Corp (NYSE:), has sold shares of the company’s common stock totaling $15,072. The aerospace and defense giant, currently valued at $66.4 billion, has maintained its position as a prominent industry player with relatively low price volatility. The transactions took place on January 6, 2025, with sale prices ranging from $454.26 to $463.99 per share. Following these transactions, Welsh holds 4,139 shares in the company. The sales were conducted under a prearranged trading plan. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with technical indicators suggesting oversold…

In a challenging market environment, Olympic Steel Inc. (ZEUS) stock has touched a 52-week low, reaching a price level of $31.44. This significant downturn reflects a broader trend for the company, which has seen its stock value decrease by 50.89% over the past year. According to InvestingPro analysis, the stock’s RSI indicates oversold territory, while the company maintains a healthy current ratio of 3.52, suggesting strong liquidity. Investors are closely monitoring the company’s performance, as the current price point presents both a potential concern for long-term stability and a possible entry point for those looking to capitalize on the stock’s…

Baystreet.ca – – Trudeau’s resignation helps drive Loonie higher – Trump denies story about easing tariff plans. – US dollar steady but trading with a soft bias-for now : open 1.4305, overnight range 1.4298-1.4350, close 1.4331, $73.81, , $2634.45 The is hanging on to most of yesterday’s gains. A Washington Post (NYSE:) story claiming that incoming President Donald Trump was considering paring back his tariff proposals sparked widespread US dollar selling. The greenback has maintained its losses even after Mr Trump refuted the report. “He said That is wrong. The Washington Post knows it’s wrong. It’s just another example of…

In a stark reflection of the challenges facing the tech sector, shares of SWAG have tumbled to a 52-week low, touching down at a sobering $0.8. According to InvestingPro data, the company maintains a strong balance sheet with more cash than debt, though its financial health score indicates some challenges. This latest price level marks a significant downturn for the company, which has seen its stock value halved over the past year, with a 1-year change showing a precipitous drop of 50.9%. Investors are grappling with a cocktail of concerns, from regulatory pressures to a cooling global economy, all of…

By Chen Aizhu, Siyi Liu and Trixie Yap SINGAPORE/BEIJING (Reuters) -Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil from countries under U.S. embargo, three traders said. The province imported about 1.74 million barrels per day (bpd) of oil from Iran, Russia and Venezuela last year, accounting for about 17% of China’s imports, ship tracking data from Kpler showed. If enforced, the ban would drive up shipping costs for independent refiners in Shandong, the main buyers of discounted sanctioned crude…

STOCKHOLM (Reuters) – Tesla (NASDAQ:) has asked a court in Sweden to ensure that the country’s Transport Agency provides access to licence plates that are currently blocked by postal workers in a wider labour conflict, a court official said on Tuesday. The U.S. electric vehicle maker headed by billionaire Elon Musk is at the centre of a dispute in Sweden over its refusal to sign a collective bargaining agreement and thus allow a labour union to negotiate on behalf of workers. The conflict began when a group of Tesla mechanics went on strike in October of 2023, and more than…