Yahoo Finance GameStop Stock Plummets as CEO Ryan Cohen Speaks of Plan to Cut Costs
The CEO said the videogame retailer plans to cut costs and scale back its network of physical stores, but it wasn’t enough to stem a slide in the stock.
The CEO said the videogame retailer plans to cut costs and scale back its network of physical stores, but it wasn’t enough to stem a slide in the stock.
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HANOI, Vietnam (AP) — Vietnamese automaker VinFast, for a short time the third-most valuable car company in the world, has a big problem: It just can’t sell enough cars.
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Prices for services pushed the annual rate of inflation up to 2.9 per cent in May, according to Statistics Canada.
Guggenheim analyst Ronald Jewsikow started coverage of shares of electric-vehicle maker Rivian with a Buy rating and $18 price target.
With so much excitement around artificial intelligence, this year’s stock market story has been all about technology. But not every tech fund has tech in the name.
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Trump Media & Technology Group shares rallied after a weekslong decline cut the stock price in half and knocked investors for a loop.
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LAVAL, Que. — Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending.
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The Bank of Canada will be scrutinizing May inflation figures this week, as it gauges whether it can deliver back-to-back interest rate cuts. Anne Gaviola has this story and more in Business Matters for Monday, June 24, 2024.
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The Canadian dollar strengthened to a near three-week high against its U.S. counterpart on Monday as investors took stock of recent broad-based gains for the greenback and the Bank of Canada said the economy could grow as inflation cools. "We are seeing a little bit of position squaring," said Michael Goshko, senior market analyst at Convera Canada. The U.S. dollar pulled back from a seven-week against a basket of major currencies, while the price of oil, one of Canada's major exports, settled 1.1% higher at $81.63 a barrel.