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Goodfood Market Corp. (TSE:FOOD) stock has almost doubled in just the past three trading sessions, starting from C$0.36 on December 1 and closing at C$0.71 on December 6, hitting a high of C$0.83 earlier in the day. What caused this short squeeze? Its Fiscal Q4-2022 earnings report did because the company reaffirmed its expectation of being…

IT stocks to buy: Amid ease in the US inflation concerns after the US CPI data released on Thursday last week, the market expects a US Fed rate cut announcement in the Federal Reserve's meeting scheduled next month. As these developments are expected to pressure the US dollar (USD) rates, the Indian IT companies who deal in the USD are expected…

Traders work on the floor of the New York Stock Exchange (NYSE), December 7, 2022.Brendan McDermid | ReutersStock futures were flat Thursday evening as investors look ahead to new inflation data due Friday.Futures tied to the Dow Jones Industrial Average fell 21 points, or 0.06%. S&P 500 futures and Nasdaq 100 futures were down 0.05% and…

NEW YORK (AP) — U.S. stocks rose to records Friday as big banks rallied following a run of reassuring profit reports.The S&P 500 climbed 0.6% to top its all-time high set earlier in the week and close out its fifth straight winning week, while the Dow Jones Industrial Average jumped 409 points, or…

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NEW YORK (AP) — U.S. stocks are rising toward records Friday as big banks rally on a rush of reassuring profit reports.The S&P 500 was 0.4% higher in afternoon trading and on track to top its all-time high set earlier this week. The Dow Jones Industrial Average was up 268 points, or 0.6%, and also heading toward a record, as of 12:56 p.m.…

(Bloomberg) -- Stock markets edged lower Friday after a hotter-than-expected US inflation reading sowed uncertainty about the interest-rate outlook, and investors waited for the earnings season to kick off.Most Read from BloombergEurope’s Stoxx 600 index traded flat, with France’s CAC 40 gauge recouping an earlier slide after authorities…

Microsoft 's (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it's highly likely that the deal will be completed in the near future. We tend to agree. While Club holding Microsoft…

Indian stock market indices, Sensex and Nifty 50, are likely to open on a tepid note on Friday tracking mixed sentiment in global markets.The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 25,090 level, a discount of nearly 30 points from the Nifty futures’ previous close.On…

US stocks were lower on Thursday after the latest consumer inflation print came in hotter than anticipated, further blurring the picture of the Federal Reserve's next interest rate decision in November.The Dow Jones Industrial Average (^DJI) dropped around 0.1%, or just less than 60 points, while the S&P 500 (^GSPC) fell 0.2% after both…