Canadian Market Down In Negative Territory; Shopify Tanks On Weak Results

India, May 8 -- The Canadian market is notably lower Wednesday morning, weighed down by disappointing results from some big name companies, including Shopify Inc. A bit of uncertainty about the outloo... Read More

Reborn Coffee Stock Surges 90% On Expansion Deal In China

India, May 8 -- Shares of Reborn Coffee, Inc. (REBN) surged over 90% on Wednesday morning after the California-based retailer of specialty coffee announced a significant expansion into the China marke... Read More

Microsoft To Invest $3.3 Bln To Accelerate Wisconsin's AI Infrastructure, Economic Growth

India, May 8 -- Microsoft (MSFT) to make $3.3 billion investment in Wisconsin, aiming to turn the U.S. state into a center of AI innovation and enhance its economic growth. "Wisconsin has a rich and ... Read More

PowerSchool Holdings Climbs 20% On Q1 Revenue Growth

India, May 8 -- Shares of PowerSchool Holdings, Inc. (PWSC) are gaining more than 20 percent on Wednesday morning trade after the company reported 16 percent growth, meeting estimates, in first quarte... Read More

U.S. Stocks Bounce Back Near Unchanged Line After Seeing Initial Weakness

India, May 8 -- Stocks moved to the downside at the start of trading on Wednesday but have regained some ground over the course of the session. The major averages have climbed well off their lows of t... Read More

U.S. Crude Oil Inventories Pull Back In Line With Estimates

India, May 8 -- After reporting a sharp increase in U.S. crude oil inventories in the previous week, the Energy Information Administration released a report on Wednesday showing crude oil inventories ... Read More

Globus Medical Up 23% As Q1 Results Beat Street; Raises FY Outlook

India, May 8 -- Shares of Globus Medical, Inc. (GMED) are up 23% on Wednesday after the company reported that the first quarter earnings and revenues beat the street estimates, and raised the full-yea... Read More

LyondellBasell To Review European Assets Of Olefins & Polyolefins, Intermediates & Derivatives Units

India, May 8 -- LyondellBasell Wednesday said it has launched a strategic review of the European assets of its Olefins & Polyolefins and Intermediates & Derivatives business units. The assessment wil... Read More

Uber Q1 Net Loss Sharply Widens, Misses Estimates

India, May 8 -- Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss for the first quarter that sharply widened from last year, hurt by a huge net unrealized... Read More

U.S. Wholesale Inventories Decrease 0.4% In March, In Line With Estimates

India, May 8 -- The Commerce Department released a report on Wednesday showing a pullback by U.S. wholesale inventories in the month of March. The report said wholesale inventories fell by 0.4 percen... Read More

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