Why Did Cloudflare and Twilio Stock Just Collapse?
After the technology sector fell by 5.88% in the week, investors are not kind to firms that post losses. Cloudflare (NET) and Twilio (TWLO) are...
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Stocks in Play: Adcore Inc.
Monday, November 7, 2022 9:39 AM EST – Adcore Inc. : Has renewed its channel partner agreement with Microsoft for 2023. The Company has been...
Wholesale Used Car Prices Declined in October; Prices Down 10.6% Year-over-year
From Manheim Consulting today: Wholesale Used-Vehicle Prices See Smaller Decline in October Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 2.2%...
Four High Frequency Indicators for the Economy
These indicators are mostly for travel and entertainment. It was interesting to watch these sectors recover as the pandemic impact subsided. —– Airlines: Transportation...
SNC-Lavalin’s Q3 Net Income Jumps 140%
SNC-Lavalin (SNC) reported that its third-quarter profit rose 140% from a year ago due to growth in its engineering services. The Montreal-based engineering firm said...
After Soaring 10%, Are China Tech Stocks a Buy?
Last Monday, rumors circulated that China would relax its zero Covid policy. Reuters reported the same story on Nov. 3. In addition, media reported that...
Stocks in Play: Oncolytics Biotech Inc
Monday, November 7, 2022 9:21 AM EST – Oncolytics Biotech Inc : Today announced recent operational highlights and financial results for the third quarter ended...
China’s Exports Unexpectedly Fell 0.3% In October
China’s exports unexpectedly fell 0.3% in October, providing further evidence that the country’s economy is slowing down. The 0.3% decline in October exports represented a...
Berkshire Hathaway’s Q3 Operating Profit Up 20%
Berkshire Hathaway (BRK.A / BRK.B) has posted a 20% increase in its third-quarter operating profit, while also buying back $1 billion U.S. of its own...
Apple Warns China’s COVID-19 Restrictions Are Hurting iPhone Production
Consumer electronics giant Apple (AAPL) said in a statement that it has temporarily reduced production of its newest iPhone 14 smartphone due to ongoing COVID-19...