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stock price

Philippines banned Pogos catering to Chinese betters, but world’s top gambling stock thrives

by Walter Watson
Philippines banned Pogos catering to Chinese betters, but world’s top gambling stock thrives

The world’s hottest gambling stock is riding strong demand for online betting at home in the Philippines, even as the global industry faces increasing scrutiny. Shares of DigiPlus Interactive Corp. …

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Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan

by Anas Siddiqui
Chinese developer Midea Real Estate’s Hong Kong shares surge 100% on spin-off plan

Shares of Midea Real Estate Holding more than doubled in intraday trading on Monday after the company announced a plan to privatise its property development arm, a move that could …

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‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again

by Anas Siddiqui
‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again

The man at the centre of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of three quirky and volatile shares sharply …

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TD Bank could face more severe penalties after drug money laundering allegations, says analyst

by Anas Siddiqui
TD Bank could face more severe penalties after drug money laundering allegations, says analyst

TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied …

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Tesla’s Q1 net income down 55% year over year

by Anas Siddiqui
Tesla’s Q1 net income down 55% year over year

Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable …

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Tesla: job losses, plunging share price and uncertainty plague EV giant as CEO Musk prioritises robotaxi

by Anas Siddiqui
Tesla: job losses, plunging share price and uncertainty plague EV giant as CEO Musk prioritises robotaxi

The idea of creating an autonomous taxi service has been kicking around Tesla for at least eight years, but the company has yet to stand up much of the infrastructure …

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Netflix reports the money is rolling in — and so are advertisements for Canadian subscribers

by Anas Siddiqui
Netflix reports the money is rolling in — and so are advertisements for Canadian subscribers

Netflix told investors it has added millions of new customers and has lots of room to grow its revenue — with part of that growth coming from the planned elimination of the …

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Suncor share price jumps after posting 2nd-highest quarter for oil output

by Anas Siddiqui
Suncor share price jumps after posting 2nd-highest quarter for oil output

Suncor Energy Inc.’s share price jumped Wednesday as the company reported its fourth quarter oil output was its second-highest quarter ever. The Calgary-based company announced upstream production in the fourth …

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SmileDirectClub shuts down months after filing for bankruptcy protection

by Anas Siddiqui
SmileDirectClub shuts down months after filing for bankruptcy protection

SmileDirectClub is shutting down just months after the struggling teeth-straightening company filed for bankruptcy protection. In a Friday announcement, the U.S.-based company that was operating in multiple countries, including Canada, …

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SenseTime goes on the defensive after short seller report in latest setback for ailing Chinese AI champion

by Anas Siddiqui
SenseTime goes on the defensive after short seller report in latest setback for ailing Chinese AI champion

SenseTime Group has fended off claims made in a short-seller report, accusing the Chinese artificial intelligence (AI) company of questionable business and accounting practices, in the latest stock hit for …

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