News
Mirvac Forecasts Weaker Earnings in 2024
Mirvac expects a decline in operating earnings for fiscal 2024 due to higher interest rates and elevated inflation. Despite challenges in the property development market, Mirvac reports strong occupancy rates and leasing performance.
Read more
Elliott Investment Management Drops Stake in PayPal
Elliott Investment Management sells its stake in PayPal, suggesting new opportunities in the financial-services sector. PayPal's stock drops.
Read more
Nvidia's Valuation and Growth Prospects
UBS analysts are confident in the growth prospects of Nvidia's stock, as demand for its chips in the AI technology market remains high. They have raised the target price and maintain a Buy rating.
Read more
Straumann Holding Shares Decline
Shares in Straumann Holding have fallen after the company reported signs of consumer weakness and a lower net profit for the first half of the year due to increased costs.
Read more
Dentsu Group Faces Challenges as Second-Quarter Results Disappoint
Dentsu Group's second-quarter results disappoint with net profit falling below expectations and a revised profit forecast for the full year. Shares decline as revenue decreases globally except in Japan.
Read more
Challenger Reports 13% Increase in Full-Year Net Profit
Challenger, Australia's leading provider of annuities, announces a 13% increase in net profit for the year, driven by strong annuity sales. The company expresses optimism about its future performance and focuses on customer expansion and growth initiatives.
Read more
Stocks in Toronto Start the Week on a Downward Trend
The stock market in Toronto started the week with a decline, as most sectors experienced downward movement.
Read more
Bitcoin and Other Cryptocurrencies Remain Stagnant Amid Low Volatility
Bitcoin and other cryptocurrencies are struggling with stagnant prices in a low volatility environment, while stocks and other risk-sensitive assets remain active.
Read more
TAG Immobilien Reports Net Loss in Second Quarter
TAG Immobilien reports a net loss of 329.8 million euros in Q2 due to devaluation of its German real-estate portfolio caused by increased interest rates.
Read more
Tesla's Second-Quarter Earnings Report: What to Expect
Tesla's Q2 earnings report is highly anticipated with soaring stock performance and focus on profit margins. Analysts predict strong operating income and sales, while profit margins remain a key focus.
Read more