Match Group was sued on Wednesday in a proposed class action claiming that its dating apps Tinder, Hinge and The League are designed to addict users, generating more profit for the company, rather than help them establish relationships.
Australian diversified miner South32 Ltd reported a 93% drop in its first-half underlying earnings on Thursday, hurt by a weak metallurgical coal output and lower commodity prices.
BHP Group will record a $2.5 billion non-cash impairment charge for its Western Australia Nickel business and another $3.2 billion in relation to its Samarco dam failure, the miner said on Thursday.
The dollar index (DXY00 ) on Wednesday fell by -0.23%. The dollar on Wednesday fell back from a 3-month high and posted moderate losses. The dollar came under pressure after bond yields fell on dovish comments from Chicago Fed President Goolsbee. Also, Wednesday’s rally in stocks has curbed liquidity demand...
(RTTNews) - Canadian stocks are notably higher Wednesday afternoon, with investors indulging in some bargain hunting after the sharp setback in the previous session. Positive cues from Wall Street and firm European stock, as well as some encouraging earnings updates are also cont
March WTI crude oil (CLH24 ) this morning is down -0.47 (-0.60%), and Mar RBOB gasoline (RBH24 ) is down -3.95 (-1.65%). Crude oil and gasoline prices this morning are moderately lower, with crude falling back from a 2-week high. Crude prices gave up early gains and turned lower after...
Tuesday’s U.S. Jan CPI report was stronger than expected and dashed hopes for imminent interest rate cuts from the Fed. Jan CPI eased to +3.1% y/y from +3.4% y/y in Dec, stronger than expectations of +2.9% y/y. Also, Jan core CPI (ex-food and energy) of +3.9% y/y was unchanged from...
At Holdings Channel, we have reviewed the latest batch of the 145 most recent 13F filings for the 12/31/2023 reporting period, and noticed that Schlumberger Ltd (Symbol: SLB) was held by 31 of these funds. When hedge fund managers appear to be thinking alike, we find it is a goo
A week after an oil spill was first spotted near Tobago's shore, portions of the stain are moving in opposite directions into the Caribbean Sea, the island's emergency management agency (TEMA) said on Wednesday.
Shares of consumer-staples giant Kraft Heinz (NASDAQ: KHC) dropped on Wednesday after the company reported results for the fourth quarter. The company's brands are well known and popular, but sales volume nonetheless fell in 2023, disappointing investors. As of 11:30 a.m. ET, Kra
Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as China and countries in South and Southeast Asia use LNG to support their economic growth, Shell said on Wednesday.
U.S. Congress members from both political parties have been urging the Environmental Protection Agency not to propose a rule that would require farms to report on air emissions from animal waste, according to a letter seen by Reuters.
U.S. President Joe Biden wants an 18% cut in the number of F-35 jets the Pentagon buys next year after Congress' cap on the size of the upcoming defense budget compelled the administration to find new reductions, two sources familiar with the situation said.
(RTTNews) - The Switzerland stock market started off on a flat note on Wednesday, but gained in strength as the day progressed and finally closed moderately higher. Positive global cues and a slew of strong earnings updates helped underpin sentiment.
Nintendo (OTC: NTDOY) stock got a lift last week after reporting surprisingly strong results in its most recent quarter -- sales up 8% year over year, and profits per share up 18%. Further helping matters, Nintendo predicted that its operating profits through the end of fiscal 20
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Kraft Heinz Co (Symbol: KHC), where a total of 37,905 contracts have traded so far, representing approximately 3.8 million underlying shares. That amounts to about 44.6%
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Delta Air Lines Inc (Symbol: DAL), where a total of 59,628 contracts have traded so far, representing approximately 6.0 million underlying shares. That amounts to about
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Warner Bros Discovery Inc (Symbol: WBD), where a total volume of 273,164 contracts has been traded thus far today, a contract volume which is representative of a
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