Weak Execution Has Overshadowed the Value of Ubisoft's Core Franchises
Ubisoft's capital structure in on the weaker side for a video game publisher that has to deal with swings in revenue while investing in content development. The firm generated EUR 310 million in free ...
August PCE Report: PCE Inflation Index Up 2.2%, Softer Than Expected
The August Personal Consumption Expenditures Price Index posted a softer-than-expected increase, up 2.2% from year-ago levels ...
Canada GDP Fades After Rising 0.2% in July — Update
The follows a 0.2% expansion in July GDP from the month before to 2.234 trillion Canadian dollars, the equivalent of US$1.733 trillion. Compared with a year earlier, GDP increased 1.5%.
Canada GDP Fades After Rising 0.2% in July
Gross domestic product, a broad measure of goods and services produced across the economy, increased 0.2% from the month before to 2.234 trillion Canadian dollars, the equivalent of US$1.733 trillion, ...
Amazon Spared U.K. Antitrust Probe Over $4 Billion Investment in AI Startup Anthropic — Update
U.K. antitrust officials said Amazon.com's multibillion-dollar investment in artificial-intelligence company Anthropic didn't qualify for a formal investigation, a win for U.S. Big Tech weeks after ...
Why these two stock-market sectors need to be treated with caution
Jeffrey Rubin, the president and director of research at Westport, Conn.-based Birinyi Associates - who now owns the firm following the death of the legendary Laszlo Birinyi - is among those who is ...
Kone Primes Itself for Service and Modernization Growth to Offset Weak China New Equipment Orders
Kone remains in good financial health. Its balance sheet was in a robust net cash position of EUR 417 million at the end of the second quarter of 2024. Kone maintains a highly prudent approach to its ...
U.S. trade deficit in goods shrinks 8.3% in August
The numbers: The U.S. trade deficit in goods narrowed 8.3% to $94.3 billion in August, according to the Commerce Department's advanced estimate released Friday. This is the smallest trade gap since ...
Mazda, Fiat Chrysler Recall Vehicles Over Bosch Airbag Controls
Mazda and Fiat Chrysler Automobiles both issued recalls over a software error in airbag-control modules manufactured by Robert Bosch GmbH's North American subsidiary. The National Highway Traffic ...
Toyota Recalls 42,000 Corolla Cross Hybrids Over Power-Brake Issue
Toyota Motor recalled more than 42,000 Corolla Cross Hybrids over a software error that may result in a loss of power-brake assist when turning corners. The National Highway Traffic Safety ...
Why Super Micro's legal woes could be deeper than they appear
The report from Hindenburg Research, which came out Aug. 27, alleged a range of issues related to the company's internal financial controls, including a whistleblower suit against the company. The ...
After U.S. and China 'panic,' world market cap set to hit new record, says Bank of America
A fund that seeks to track both U.S. and global stocks, the Vanguard Total World Stock ETF VT, already has surpassed its 2021 peak and on Thursday reached a new record high. Bank of America ...