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Maplebear Board Approves $500 Mln Share Repurchase Program

Delivery company Maplebear, Inc. (CART) revealed Thursday in a form 8-K filed with the U.S. Securities and Exchange Commission that its Board of Directors have approved a share repurchase program with authorization to purchase up to an aggregate of $500 million of the Company's common stock. The Share Repurchase Program has no expiration date.
RTTNews | vor 154 Tagen
U.S. Trade Deficit Widens To Largest Since October 2022

U.S. Trade Deficit Widens To Largest Since October 2022

With the value of imports jumping by much more than the value of exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened significantly in the month of April. The Commerce Department said the trade deficit surged to $74.6 billion in April from a downwardly revised $68.6 billion in March.
RTTNews | vor 154 Tagen
U.S. Jobless Claims Rise More Than Expected To 229,000

U.S. Jobless Claims Rise More Than Expected To 229,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended June 1st. The Labor Department said initial jobless claims climbed to 229,000, an increase of 8,000 from the previous week's revised level of 221,000.
RTTNews | vor 154 Tagen
Nvidia Hits $3 Trln Market Cap, Overtakes Apple

Nvidia Hits $3 Trln Market Cap, Overtakes Apple

Nvidia Corp. has breached the $3 trillion mark in valuation, becoming the second most valuable company in the U.S. Market overtaking tech giant Apple Inc on Wednesday. The artificial intelligence or AI chipmaker is gaining on the surging demand for AI chips worldwide.
RTTNews | vor 154 Tagen
ECB Cuts Rates By 25 Bps As Expected On Improving Inflation Outlook

ECB Cuts Rates By 25 Bps As Expected On Improving Inflation Outlook

The European Central Bank lowered interest rates by a quarter basis point on Thursday, in line with expectations, citing an improvement in the inflation outlook. The Governing Council, led by ECB President Christine Lagarde, cut the main refinancing rate by 25 basis points to 4.25 percent.
RTTNews | vor 154 Tagen
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U.S. Trade Deficit Widens Significantly In April

U.S. Trade Deficit Widens Significantly In April

With the value of imports jumping by much more than the value of exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened significantly in the month of April.
RTTNews | vor 154 Tagen
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended June 1st.
RTTNews | vor 154 Tagen
Cytek Biosciences Board Approves Share Repurchase Of Up To $50 Mln

Cytek Biosciences Board Approves Share Repurchase Of Up To $50 Mln

Cell analysis solutions company Cytek Biosciences, Inc. (CTKB) announced Thursday that its Board of Directors has approved the repurchase of up to an aggregate of $50 million of its common stock, subject to compliance with applicable law.
RTTNews | vor 154 Tagen
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and firm commodity prices. Optimism about monetary easing by several central banks in the foreseeable futures is likely to aid sentiment.
RTTNews | vor 154 Tagen
AstroNova Q1 Profit Rises 39%

AstroNova Q1 Profit Rises 39%

AstroNova, Inc. (ALOT) reported Thursday that net income for the first quarter grew to $1.18 million or $0.15 per share from $0.85 million or $0.11 per share in the prior-year quarter.
RTTNews | vor 154 Tagen

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