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Insight
‘The selling pressure is feeding on itself:’ ARK, meme stocks tumble as Fed hike looms
By David Randall NEW YORK (Reuters) – Scorching inflation that helped ship 2-year U.S. Treasury yields to recent 14-year highs…
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Insight
Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble
By Jonathan Stempel (Reuters) -The slide in U.S. inventory costs punished Berkshire Hathaway Inc’s backside line within the second quarter,…
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Insight
Roku withdraws forecast for annual revenue growth rate, shares tumble
By Deborah Mary Sophia (Reuters) -Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew its income progress fee…
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Insight
U.S. retailers tumble after Walmart cuts profit forecast
(Reuters) – A revenue warning by Walmart ignited a sell-off in shares of main U.S. retailers late on Monday, rapidly…
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Local News
Gas price leaps up, heating oil and diesel tumble
A wild couple of weeks for petroleum product costs on P.E.I. continued on Friday. The Island Regulatory and Appeals Fee…
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