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Shopify beats earnings forecast but warns of slower growth amid Trump tariffs and trade policy shiftsShopify topped first-quarter earnings and revenue expectations but issued cautious guidance, citing uncertainty around Trump-era tariffs an...
US stocks bounce as focus shifts to rates outlook ahead of inflation dataWall Street's main indexes opened higher on Monday following heavy losses last week, as investors remained optimistic about soft landing pr...
US stocks rise as Fed rate-hike concerns alleviateWhile Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to e...
Etsy shares dive after e-commerce company cuts workforceEtsy will lay off 225 people, about 11% of total staff, and will incur financial charges of between $25 million and $30 million for severan...
Shopify extends drop after posting loss and weaker outlookThe worse-than-expected results came one day after Shopify said it was cutting its workforce by 10% amid a softening in online sales -- amo...
Netflix set to wipe out $46 billion in market value as shares tank 30%Netflix traded as low as $244.95 at the open in New York, extending its plunge this year to 60% -- making the worst performing stock in the...
Elon Musk’s retail investor army could offer Twitter takeover hopeIf Musk chooses, he may be able to turn Twitter into a so-called meme stock. Last year firms like AMC Entertainment Holdings Inc. and GameS...
Nasdaq ends atop 16,000 mark for the first time on tech strengthThe Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technol...
How tweets by Tesla's Elon Musk have moved marketsIn September 2018, the U.S. Securities and Exchange Commission filed a lawsuit against Musk for fraud and sought to remove him from Tesla.
Covid Delta variant worries bubble to the surface in some asset pricesSo far, it is hard to tell how much the new strain will disrupt the global growth rebound that has helped power risk assets higher in recen...
Tech billionaire Elon Musk says he's off Twitter 'for a while'Musk tweeted last week in support of a group of retail investors on website Reddit who had coordinated to buy shares in Gamestop, a struggl...
Elon Musk, a new Wall Street oracle?After discussing his ambitions for the colonization of Mars, as well as cryptocurrencies and artificial intelligence, Musk spoke with Vlad ...
GameStop extends Reddit driven hyper-rally after Elon Musk tweetGameStop surged 50 per cent in extended trade after Elon Musk tweeted "Gamestonk!!", along with a link to Reddit's Wallstreetbets stock tra...
Wall Street soared under Donald Trump, but it's been a rocky rideThe stocks that Wall Street initially thought would benefit most from a Trump administration have since fallen back, sometimes sharply. And...
Tesla shares plunge as it fails to make it into S&P 500 indexWall Street analysts and investors widely expected Tesla to join the S&P 500 after the company posted its fourth consecutive profitable qua...
Etsy gets into S&P 500, Tesla does notThe decision by S&P Dow Jones Indices is a blow to Tesla investors who widely expected the company to join the benchmark stock index after ...
Etsy finds a way to link apps to search engines, shares surge over 32%Etsy's shares surged more than 32 per cent during trading on Friday, rising as high as $22.15 per share, a level not seen since mid-May.