Advertisement
Canada markets close in 5 hours 20 minutes

  • S&P/TSX

    21,953.19
    -58.53 (-0.27%)
     

  • S&P 500

    5,072.98
    +2.43 (+0.05%)
     

  • DOW

    38,456.89
    -46.80 (-0.12%)
     

  • CAD/USD

    0.7293
    -0.0028 (-0.38%)
     

  • CRUDE OIL

    83.08
    -0.28 (-0.34%)
     

  • Bitcoin CAD

    89,117.33
    -2,704.89 (-2.95%)
     

  • CMC Crypto 200

    1,421.94
    -2.16 (-0.15%)
     

  • GOLD FUTURES

    2,335.20
    -6.90 (-0.29%)
     

  • RUSSELL 2000

    2,004.58
    +1.94 (+0.10%)
     

  • 10-Yr Bond

    4.6580
    +0.0600 (+1.30%)
     

  • NASDAQ

    15,767.56
    +70.92 (+0.45%)
     

  • VOLATILITY

    15.73
    +0.04 (+0.26%)
     

  • FTSE

    8,049.82
    +5.01 (+0.06%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • CAD/EUR

    0.6818
    -0.0018 (-0.26%)
     
MARKETS LIVE BLOG:

STOCKS OPEN MIXED, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Square Zooms Nearly 10% Higher on Q1 Results

Eric Volkman, The Motley Fool
·2 min read
Square Zooms Nearly 10% Higher on Q1 Results

The big reversal of fortune in the latter metric was due to a dramatic increase in reserves for transaction and loan losses. This has been a widespread trend among banks and financial-services providers lately, as defaults are expected to climb higher due to the economic damage wrought by the SARS-CoV-2 coronavirus. On average, analysts tracking Square stock had been estimating $1.29 billion on the top line for the quarter and an adjusted per-share net profit of $0.13.

Continue reading