IBM’s stock is having its worst day ever after the surprise release of an earnings miss
IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations.
IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations.
FC Porto has announced a new partnership with XTB, a global investment platform, that will run through the end of the 2028/29 season. XTB will become the club’s Official Investment Partner and its logo will appear on the sleeve of the men’s first-team shirt during all domestic matches. The new branding will debut this…
A payments company owned by Trump family cryptocurrency firm World Liberty Financial is up for sale, The Wall Street Journal reported Wednesday (July 8). AI Financial is in discussions to sell its core business to blockchain technology company Perpetuals.com, according to the report, which cited a corporate filing. Perpetuals announced Tuesday (July 7) that it…
Major hotel chains say a boost in business travel stays is driving overall recovery in the sector. Photo credit: Pixabay/Rodrigo_SalomonHC In second-quarter earnings calls, several hotel executives said an uptick in weekly business travel spending is contributing momentum in an industry that has been fighting to reverse a slump amid continued economic and geopolitical anxieties,…
Inflation remains a hot topic, directly impacting everything from your grocery bill to interest rates. As of the latest data, two key inflation gauges — the Personal Consumption Expenditures (PCE) Price Index and the Consumer Price Index (CPI) — show that prices are still above the Federal Reserve’s 2% target, with the core PCE at 3.3% and core CPI…
The BoC has consistently cited youth unemployment as one of the structural pressures it is monitoring alongside the broader inflationary environment. Job gains in June 2026 were concentrated in wholesale and retail trade, which added 16,400 positions, and accommodation and food services, which gained 14,700, its third consecutive monthly increase. Manufacturing was the most significant…
H&R Real Estate Investment Trust says it has agreed to sell all of its assets to GO Residential Real Estate Investment Trust for around $6.7 billion and a consortium of other companies, including U.S. private equity firm Blackstone Inc. H&R, one of Canada’s largest real estate investment trusts, says the deal includes a portfolio of…