World news

Restaurant Brands International Inc (NYSE: QSR) said on Friday its profit more than doubled in fiscal Q2. The fast-food holding company authorised $1 billion worth of share repurchase for the next two years. Shares of the Canadian-American multinational closed about 5% up on Friday. RBI’s Q2 financial performance Restaurant…

One crypto has attracted the attention of investors by making huge gains in the last 7 days. Over the past 7 days, the PlayDapp coin is up 272% following its association with NFTs, which are taking the cryptocurrency industry by storm. The purpose of this article is to briefly discuss…

Walmart Inc (NYSE: WMT) said earlier this week that it was partnering with Adobe Inc (NASDAQ: ADBE) to start selling its eCommerce technologies to other small and medium-sized retailers. The move is related to CEO Dough McMillon’s vision to expand the profit sources beyond the core retail business.

Eat Beyond Global Holdings (CNQ: EATS) is an investment issuer focused on the global plant-based and alternative food sector. On July 19, 2021, the company announced the appointment of Michael Aucoin as CEO. Invezz had the opportunity to catch up with Aucoin to better understand his vision and outlook…

Pinterest Inc (NYSE: PINS) shares are down close to 20% on Friday morning as the social networking service said its monthly average users tanked 5% in the fiscal second quarter. It also warned that the decline accelerated further in July, with the MAUs down about 7% on a year…

After months of speculation, Robinhood Markets Inc finally started trading on the Nasdaq Stock Exchange on Thursday in what turned out to be a disappointing debut. The fintech firm had priced its IPO at $38 a share, and only a day later, the stock is exchanging hands at a…

Amazon.com Inc (NASDAQ: AMZN) reported weaker than expected sales for its fiscal second-quarter last night that fuelled a sell-off in the stock. Shares of the company opened about 7% down on Friday morning. Gene Munster’s comments on CNBC’s “Worldwide Exchange” According to Loup Ventures’ Gene Munster, Amazon could have…

Procter & Gamble Co (NYSE: PG) reported its financial results for the fourth quarter on Friday that beat Wall Street estimates. The company attributed its hawkish performance primarily to the healthcare and beauty segment. Shares of the company opened about 2.5% up on Friday. Financial performance Procter & Gamble…

T-Mobile US Inc (NASDAQ: TMUS) reported its financial results for the second quarter on Thursday that beat Wall Street estimates. The U.S. firm raised its future guidance across the board, including for cash flow, EBITDA, and revenue, but shares were still down more than 2% in after-hours trading…

Amazon.com Inc (NASDAQ: AMZN) said on Thursday its sales continued to grow in the fiscal second quarter but at a slower pace as the U.S. government eased COVID-19 restrictions that enabled bricks-and-mortar stores to reopen. Financial performance Amazon earned $15.12 per share in the second quarter versus the year-ago…

Zoom Video Communications Inc. (NASDAQ:ZM) shares popped almost 5% on Thursday after KeyBanc analyst Steve Enders upgraded to a buy rating. Enders also raised the price target to $428 per share, citing hybrid work tailwinds. The hybrid work environment growth prospects continue…

Nokia Corp (LON:0HAF) shares surged nearly 4% on Thursday after announcing its most recent quarterly results. The company released its fiscal second-quarter results before markets opened, beating analyst expectations. Nokia posted earnings per share of €0.09 ($0.11), beating the consensus Street estimate of $0.05. Revenue for…

Altria Group Inc. (NYSE:MO) shares surged nearly 2% on Thursday morning after the company reported better than expected Q2 results. The company posted Q2 non-GAAP earnings per share of $1.23, beating the consensus Street estimate by $0.06. In addition, although revenue fell 12.1% year-over-year to $5.6…

Robinhood’s debut on the Nasdaq Stock Exchange on Thursday saw shares sliding nearly 10% to trade around $35 a share after the fintech firm had priced its IPO at $38 a share last night. The price action trimmed market capitalization by roughly $3 billion for Robinhood that is now valued…

Robinhood is set to debut on the Nasdaq Stock Exchange on Thursday. The fintech company priced its IPO at $38 a share last night and raised $2.1 billion. The stock is expected to open about 4% up today, valuing Robinhood at about $33 billion. Robinhood’s IPO was unusual in a…

Facebook Inc (NASDAQ: FB) reported its strongest quarter since 2016 on Wednesday that saw a strong boost from a surge in digital advertising. Shares of the company, however, are down about 4% on Thursday morning. A day earlier, Alphabet Inc had also cited strength in digital advertising as it…

Almost a year after Trevor Milton resigned as Chairman of Nikola Corp (NASDAQ: NKLA), the U.S. attorney’s office on Thursday charged him with three counts of fraud. Following an investigation into the electric vehicle start-up, federal prosecutors accused Milton of exaggerating and misrepresenting “nearly all aspects of the…

PayPal Holdings Inc (NASDAQ: PYPL) reported better than expected profit for the fiscal second quarter on Wednesday. Shares of the company, however, tanked about 9% in after-hours trading on weak guidance for Q3 related to eBay, which is quickly becoming self-sufficient for payments. Financial performance PayPal said its…

Enterprise Products Partners L.P (NYSE:EPD) reported solid fiscal Q2 results Wednesday before markets opened, beating analyst expectations on revenue and earnings. However, shares edged lower, 1.65%, despite the performance. The company posted Q2 non-GAAP earnings per share of $0.51, beating the consensus Street estimate of $0.50.

Facebook Inc (NASDAQ: FB) reported market-beating results for its fiscal second quarter on Wednesday on a sharp increase in digital advertising. Guidance for the second half, however, wasn’t received well, leading to the stock sliding about 4% in after-hours trading. Mar Mahaney’s comments on CNBC’s “Closing Bell” Commenting on…

Uber Technologies Inc. (NYSE:UBER) has inked a deal with Florists’ Transworld Delivery, FTD, a floral wire service company based in Illinois. The agreement allows customers to order flowers directly from the Uber and Uber eats apps. It kicked off on Wednesday in a few cities, including…

Cannabis company Tilray Inc. (NASDAQ:TLRY) shares soared more than 27% on Wednesday after announcing its most recent quarterly results. The company posted a significant cannabis revenue increase in its fiscal Q4 report but missed analyst expectations on the total revenue. The Nanaimo-based company posted GAAP earnings…