Yahoo FinanceIs The Trade Desk Stock a Buy Now?
The Trade Desk (NASDAQ: TTD) posted a strong third-quarter earnings report on Nov. 9. The ad tech company's revenue rose 31% year over year to $395 million, which beat analysts' estimates by $8 million.
The Trade Desk (NASDAQ: TTD) posted a strong third-quarter earnings report on Nov. 9. The ad tech company's revenue rose 31% year over year to $395 million, which beat analysts' estimates by $8 million.
U.S. prosecutors on Friday asked a Manhattan judge to impose tougher bail conditions on Sam Bankman-Fried, expressing concern that the founder of the FTX cryptocurrency exchange might tamper with witnesses or destroy evidence in his criminal case. Citing Bankman-Fried's "recent attempts to contact prospective witnesses," prosecutors asked U.S. District Judge Lewis Kaplan to ban Bankman-Fried from communicating with current or former employees of FTX or his Alameda Research hedge fund, other than family, unless a lawyer is present. They also asked that Bankman-Fried not use Signal or other encrypted call and messaging applications, though he could still communicate through text messages, email and the phone.
Susannah Pierce and Murad Al-Katib: 100 days after task force identified crisis, businesses are still waiting for action from Ottawa
Morgan Stanley's infrastructure investment arm informed the board of German renewables firm PNE AG that it is no longer pursuing talks with potential buyers of Photon's PNE stake, PNE said in an adhoc statement on Friday. Morgan Stanley Infrastructure Partners (MSIP) which acquired the PNE stake following a failed takeover attempt in 2020, was weighing a sale last October, Reuters reported at the time. Photon, which is controlled by Morgan Stanley, is PNE's largest shareholder.
WASHINGTON (Reuters) -Tesla Chief Executive Elon Musk met two top White House officials on Friday in Washington to discuss how the car maker and Democratic President Joe Biden could work together to advance electric vehicle production and speed electrification of U.S. vehicle networks. Musk met John Podesta, a Democratic stalwart who serves as Biden's senior adviser for clean energy innovation, and Mitch Landrieu, who oversees infrastructure spending, the White House said.
Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday. The government collects a 12% VAT on goods consumed within the Southeast Asian country. The plan is to allow foreigners to get a VAT refund on items they are taking out of the Philippines, similar to what many other countries offer.
NEW YORK (Reuters) -A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning run, despite valuations that are seen as still comparatively cheap. The S&P 500 energy sector is up 4.2% year-to-date, slightly lagging the rise for the broader index. The sector logged a 59% jump in 2022, an otherwise brutal year for stocks that saw the S&P 500 drop 19.4%.
Gautam Adani faces a critical day on Monday with his flagship company's $2.5 billion share sale's second day of bidding overshadowed by a $48 billion rout in the Indian billionaire's stocks which was sparked by a U.S. short seller's report. Seven listed companies belonging to the Adani conglomerate, which is led by Asia's richest man, saw sharp falls in their values after Hindenburg Research report last week flagged concerns about high debt levels and the use of tax havens. Adani Group has called the report baseless and said it was considering taking action against Hindenburg.
German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger told Reuters in an interview. "We are approaching an order backlog of 30 billion euros, and I expect to see an order backlog of 40 billion euros next year," said the CEO of the company, which sells a whole range of defence products but is probably most famous for supplying the 120mm gun of the Leopard 2 tank. Papperger said he expected to see at least 15% to 20% growth in Rheinmetall's defence division over the coming years, with the civilian business likely to account for only 20% of sales in 2025.
Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency exchange to prevent potential witness tampering in a criminal case accusing him of bilking investors and customers. The request, made in a letter filed late Friday by U.S. Justice Department lawyers, prompted an indignant response from Bankman-Fried's lawyer, who accused prosecutors of twisting the facts to cast the FTX founder in a sinist
Ottawa's inconsistent commitment to fiscal prudence is beginning to trouble some members of the Liberal family
China's smartphone sales fell 13% year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market research firm IDC said on Sunday. Its total shipments fell 25.1% year-on-year, however. Honor ranked as the second best-selling brand, with shipments growing more than 34%, albeit from a low base.
Top high-yield TSX dividend stocks are now on sale for TFSA investors. The post TFSA Couples: How to Make $806 Per Month in Tax-Free Passive Income appeared first on The Motley Fool Canada.
China's central bank said on Sunday it will roll over three lending tools to increase support for targeted sectors of the economy. The central bank will also extend a relending tool for the transport and logistics sector to June 2023, it said. Some foreign financial institutions will be included in the scope of the carbon reduction tool, the central bank said.
Since the pandemic started, the market has been saturated with new streamers. Here are some streaming stocks to buy now. The post 2 Streaming Stocks to Buy Now and 1 to Run Away From appeared first on The Motley Fool Canada.
It is with much sadness and a very heavy heart that the City of Mississauga announces the passing of former mayor and the City's biggest champion, Hazel McCallion. She passed away peacefully shortly after 6:30 a.m. today, January 29, 2023 at home with her family by her side. Hazel McCallion was 101 years old.
FRANKFURT (Reuters) -Ford executives have indicated they are willing to hold talks with labour representatives over planned structural changes at the U.S. carmaker's plants in Germany, the head of the worker's council at Ford's Cologne plant said on Saturday. Ford said on Jan. 20 that its planned shift to electric vehicle (EV) production will require unspecified structural changes, giving rise to fears of job cuts at its German production sites. Ford committed to an all-electric lineup in Europe by 2030 and its U.S. leadership has repeatedly flagged that EVs require less labour.
VANCOUVER — More than 100 workers in Port Alberni are the latest forest industry employees to face layoffs as Western Forest Products confirms it will not restart its sawmill in that Vancouver Island city. The Alberni-Pacific Division facility has been closed since last fall, but the curtailment was only expected to last for six months, unless market conditions changed. Western Forest Products announced Thursday that the mill will not restart "in its current configuration" and says a group, incl
Tiff Macklem's decision to press pause offers rich world a 'glimpse' of where monetary policy is headed
India's Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly the biggest challenge of his career after a U.S. short seller cast doubts on his business practices, hammering shares in his companies and his reputation. Adani, whose home state is Gujarat in western India, built his business empire from scratch after starting as a commodities trader. India's Prime Minister Narendra Modi hails from the same state and their relationship has come under intense scrutiny by Modi's opponents for years.
A fusion of sci-fi adventure and heavy industry innovation, a flagship fleet of customized XCMG Machinery ("XCMG", SHE:000425) equipment is featured in the China-made sci-fi blockbuster "The Wandering Earth II" directed by Frant Gwo, which opened in movie theaters on Chinese New Year's Day, and will be released in the countries and regions including North America, UK, Ireland, Australia, New Zealand, etc. starting from today.