Investing.com -- Robinhood (NASDAQ:HOOD) is making its first major move into Canada with the acquisition of Wonderfi Technologies Inc (TSX:WNDR), a digital asset firm that operates two of the country’s longest-standing regulated crypto platforms. Shares of WonderFi jumped 35% on the news, while Robinhood rose 9.8%. Mogo Inc (TSX:MOGO), WonderFi’s largest shareholder, surged nearly 77%.The all- ...
RIYADH (Reuters) - U.S. President Donald Trump said on Tuesday that the United States was adding over $1 trillion in investments with his trip to Saudi Arabia, citing multibillion-dollar commercial deals expected with large companies including Amazon (NASDAQ:AMZN), Oracle (NYSE:ORCL) and others. ""With this trip, we’re adding over $1 trillion more in terms of investment into our country and buyi ...
Investing.com -- S&P Global Ratings has downgraded the credit rating of aluminum wheel manufacturer, Superior Industries International (NYSE:SUP) Inc., from ’B-’ to ’CC’ due to potential debt restructuring. The rating change comes in the wake of significant volume losses reported by the company with critical North American original equipment manufacturer (OEM) customers starting in t ...
Investing.com -- The S&P 500 jumped Tuesday, as data showing inflation slowed in April supported bullish sentiment on risk just days after the U.S.-China trade deal agreement.At 12:59 ET (16:59 GMT), the Dow Jones Industrial Average fell 205 points, or 0.5%, while the S&P 500 jumped 0.9%, and the NASDAQ Composite gained 1.8%. Inflation shows signs of cooling The latest ...