RBC Capital Markets

Salesforce to cut 10% of workforce after hiring “too many people”

Salesforce Inc said it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it…

3 years ago

Analysis: Massive turnaround for stocks puts traders on alert for more volatility

An eye-popping turnaround in stocks may be less bullish than hoped for, with traders saying short-term hedging activity buoyed equities…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Wall Street banks’ Q2 trading revenue likely to surge, softening blow from deal slump

A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and debt…

3 years ago

Shell gets $1 bln refining boost, upgrades oil and gas assets

Shell (SHEL.L) said on Thursday surging demand for oil products that had almost tripled refining profits in the second quarter would boost…

3 years ago

Australia’s central bank raises rates by 50 bps in hawkish surprise

Australia's central bank on Tuesday raised interest rates by the most in 22 years and flagged more tightening to come…

3 years ago

Analysis: SPACs splash the cash to salvage deals as market unravels

SPACs are turning to costly new tactics to keep investors from jumping ship as market confidence wanes in the once…

4 years ago

Oil prices steady ahead of OPEC+ meeting

Oil prices were largely steady on Tuesday as investors expected major producers to agree to stick to their planned output…

4 years ago

Australia’s Afterpay to launch banking app in October

Afterpay Ltd (APT.AX) will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL)…

4 years ago

Afterpay’s move to open to major U.S. merchants will boost margins, analysts say

Afterpay's (APT.AX) move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered…

4 years ago