Advertisement
Canada markets close in 3 hours 45 minutes

  • S&P/TSX

    21,818.07
    -55.65 (-0.25%)
     

  • S&P 500

    5,019.42
    -52.21 (-1.03%)
     

  • DOW

    37,915.55
    -545.37 (-1.42%)
     

  • CAD/USD

    0.7302
    +0.0005 (+0.06%)
     

  • CRUDE OIL

    82.52
    -0.29 (-0.35%)
     

  • Bitcoin CAD

    87,744.95
    -938.45 (-1.06%)
     

  • CMC Crypto 200

    1,385.99
    +3.42 (+0.25%)
     

  • GOLD FUTURES

    2,342.00
    +3.60 (+0.15%)
     

  • RUSSELL 2000

    1,969.03
    -26.39 (-1.32%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • NASDAQ

    15,488.76
    -223.99 (-1.43%)
     

  • VOLATILITY

    16.54
    +0.57 (+3.57%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • CAD/EUR

    0.6810
    -0.0009 (-0.13%)
     
MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Is Blackberry’s Software Bet Crumbling?

Rachel Gunter
Updated
Is Blackberry’s Software Bet Crumbling?

BlackBerry (BB) has focused on software and services as its core business since it lost ground to Apple and Samsung (SSNFL) in the smartphone market. Samsung was the world’s top smartphone company last year after shipping more than 321 million units, according to Gartner. Despite BlackBerry’s pinning its hopes on its software and services business, investors appeared to question the company’s bet on the business after it reported its results for the fiscal first quarter of 2019 (which ended on May 1), which fell compared to a year ago.

Continue reading