Staff shortages, airport chaos and higher fuel costs have caused earnings at U.S. airlines like JetBlue Airways to land below analysts' expectations while hotel chains including Marriott International are reporting double-digit profit growth.
What happened
Shares of Lyft (NASDAQ: LYFT) climbed 16.6% on Friday after the ride-sharing company said the number of both drivers and riders on its platform reached pandemic highs in the second quarter.
Wall Street ended lower on Friday, weighed down by Tesla and other technology-related stocks after a solid jobs report torpedoed recent optimism that the Federal Reserve might let up its aggressive campaign to reign in decades-high inflation.
In trading on Friday, shares of TransAlta Corp (TSX: TA.TO) crossed below their 200 day moving average of $13.73, changing hands as low as $13.45 per share. TransAlta Corp shares are currently trading off about 5.6% on the day. The chart below shows the one year performance o
The dollar rallied across the board on Friday, notching its biggest daily percentage gain since mid-June against the yen, after a stronger-than-expected U.S. payrolls report suggested the Federal Reserve may need to continue aggressively raising interest rates in the near term.
What happened
Wall Street's trading week is ending positively for cryptocurrencies as most major tokens rise sharply on Friday. Even exchange Coinbase Global (NASDAQ: COIN) has continued its meteoric rise.
What happened
Shares of QuantumScape (NYSE: QS) plunged to their 52-week lows in mid-June. The stock of the electric vehicle (EV) battery maker has staged a remarkable recovery since, regaining almost 50% in value. This week turned out to be particularly strong, with the stock up
What happened
One of the more up-and-down coronavirus stocks, Dynavax Technologies (NASDAQ: DVAX), had quite the up day on Friday. The company's shares had levitated by almost 18% late in the session after it delivered its latest set of quarterly figures.
Energy pipeline operator Energy Transfer LP has disclosed a pipeline rupture in Louisiana last month that released 8.2 million cubic feet of natural gas, according to a report filed with the U.S. National Response Center.
U.S. soybean futures fell on Friday for the fourth session of the last five, pressured by forecasts for spotty Midwest rains that could boost the health of it crop as it passes through key development periods, traders said.
Meta Platforms, the parent of Facebook which is making a big play for virtual reality, has agreed to delay closing its deal for Within Unlimited, maker of the popular fitness app "Supernatural," according to a court filing.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Unity Software Inc (Symbol: U), where a total volume of 63,800 contracts has been traded thus far today, a contract volume which is representative of approximat
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in The Trade Desk Inc (Symbol: TTD), where a total volume of 32,889 contracts has been traded thus far today, a contract volume which is representative of approxim
In trading on Friday, shares of Enbridge Inc's Cumulative Redeemable Preference Shares, Series 3 (TSX: ENB-PRY.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $0.9342), with shares changing hands as low as $16.90 on the day. As of last cl
In trading on Friday, shares of AltaGas Ltd's Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series A (TSX: ALA-PRA.TO) were yielding above the 4.5% mark based on its quarterly dividend (annualized to $0.765), with shares changing hands as low as $16.73 on the day.
In trading on Friday, shares of Fortis Inc's First Preference Shares, Series F (TSX: FTS-PRF.TO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.2252), with shares changing hands as low as $22.10 on the day. As of last close, FTS.PRF was t
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