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Canadian Market Up Marginally In Cautious Trade
The Canadian market is up marginally Wednesday afternoon with investors largely making cautious moves ahead of U.S. inflation data. Weak oil prices weigh on energy stocks, limiting market's upside.
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Swiss Market Ends Slightly Up
The Switzerland market ended slightly up on Wednesday after a choppy session with investors largely refraining from making significant moves amid a lack of fresh triggers.
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European Stocks Close On Weak Note
European stocks closed lower on Wednesday amid worries about economic slowdown in the region and a bit of uncertainty about the outlook for Federal Reserve's interest-rate trajectory ahead of inflation data.
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Pound Advances Against Most Majors
The pound was higher against its most major counterparts in the New York session on Wednesday, as investors awaited key inflation reports to help determine the Fed's policy path.
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U.S. Wholesale Inventories Dip In Line With Estimates In November
Wholesale inventories in the U.S. dipped in line with economist estimates in the month of November, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories edged down by 0.2 percent in November after falling by a revised 0.3 percent in October.
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EVgo, Toyota Extend Deal To Offer One Year Complimentary Fast Charging To 2024 BZ4X Customers
EVgo Inc. (EVGO), a provider of public fast charging networks for electric vehicles (EVs), announced Wednesday an extension of its agreement with Toyota Motor North America, Inc. to provide drivers who purchase or lease a new 2024 bZ4x with one year of complimentary fast charging on EVgo's nationwide network.
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Navitas Semiconductor Appoints Janet Chou To Replace Ron Shelton As CFO And Treasurer
Navitas Semiconductor (NVTS) announced Wednesday the appointment of Janet Chou as Executive Vice President, Chief Financial Officer and Treasurer, effective upon the filing of Navitas' 2023 annual report on Form 10-K expected at the end of February.
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more news
Euro Climbs Against Most Majors
The euro moved up against its most major counterparts in the European session on Wednesday.
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Masimo Boosts FY23 Adj. EPS Outlook
Technology company Masimo Corp. (MASI) announced Wednesday select preliminary financial results for the fourth quarter and full-year ended December 30, 2023 and provided estimates for its full-year 2024 guidance.
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Ginkgo Bioworks Expects To Meet FY23 Revenue Guidance Ranges
Ahead of its presentation at the 42nd Annual J.P. Morgan Healthcare Conference later on Wednesday, Ginkgo Bioworks (DNA) said it expects to meet its previously disclosed new program and revenue guidance ranges in 2023, based on its preliminary unaudited estimates.
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Clearmind Medicine Says It Completed Type A Meeting With FDA; Stock Up 38%
Biotech company Clearmind Medicine, Inc. (CMND) announced Wednesday it has completed a Type A meeting with the U.S. Food and Drug Administration (FDA) to discuss the Company's clinical trial of its proprietary MEAI-based, CMND-100 compound, for the treatment of Alcohol Use Disorder treatment (AUD) using its novel psychedelic- based therapy.
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Bay Street Seen Opening On Mixed Note
Canadian shares look headed for a mixed start on Wednesday, tracking global cues and slightly higher commodity prices. Ahead of crucial inflation data from the U.S., and earnings updates from major banks, the mood is likely to remain cautious.
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BorgWarner To Form Joint Venture With Shaanxi Fast Auto Drive Group
Borg Warner Inc. (BWA) announced Wednesday it agreed to form a joint venture with Shaanxi Fast Auto Drive Group, a China-based market-leading commercial vehicle (CV) parts supplier specializing in transmission and drivetrain systems.
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