Scholastic (NASDAQ:SCHL) shares fell 13% in premarket trading on Friday after the company missed quarterly profit and revenue estimates amid a wider challenging environment. Its education division faced sales pressure due to a volatile funding environment, including delayed and canceled federal ...

PresentationGood day, ladies and gentlemen, and welcome to the Investec Pre-Close Conference Call. [Operator Instructions] Please note that this event is being recorded.Fani TitiGroup CEO & Executive Director Thank you, Judith, and good morning, all. Thank you for joining us for our pre-close trading update. This update reflects the financial performance for the 5 months ended 31 August 2025, and the expected results for the 6 months to 30 September 2025. I'm joined this morning by Nishlan Samujh, our Group ...

The Bank of Canada has warned that stablecoins, now powering trillions in global payments, must be “as safe and stable as the balance in your bank account” before regulators let them scale. Speaking at the CPA conference in Ottawa on Thursday, the Bank of Canada's Executive Director of Payments, Supervision and Oversight Ron Morrow said that while stablecoins present major opportunities to modernize Canada's payment infrastructure, "there's scope for a lot of potential change, but there's also the need fo ...

Aster’s native token (ASTER) skyrocketed 1,650% in its first 24 hours of trading, reaching $0.528 while generating $345 million in trading volume and attracting 330,000 new wallets. The CZ-backed decentralized exchange platform saw its total value locked surge from $660 million to $1.005 billion, with platform volume approaching $1.5 billion. The explosive debut follows months of anticipation after former Binance CEO Changpeng Zhao publicly endorsed the project multiple times, comparing its liquidity to ...

POLAND - 2024/12/08: In this photo illustration, the Vale company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesVale (NYSE:VALE), the Brazilian mining powerhouse and one of the largest iron ore producers globally, has faced challenges in gaining traction in 2025, even with favorable long-term commodity fundamentals. Shares have remained relatively stable, affected by investor hesitance regardi ...

Cenovus Energy (NYSE: CVE ) (TSX: CVE:CA ) is currently one of the biggest Canadian oil and gas companies with a diverse portfolio of assets, starting with oil sands all the way to refining and marketing. WithAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anythin ...

Cenovus Energy (NYSE: CVE ) (TSX: CVE:CA ) is currently one of the biggest Canadian oil and gas companies with a diverse portfolio of assets, starting with oil sands all the way to refining and marketing. WithAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil&Gas and consumer goods. Basically, anythin ...

This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. South Korean automaker Hyundai vows to introduce a midsize pickup truck to its U.S. lineup, while doubling its hybrid offerings and targeting 80% of models sold in the U.S. be assembled domestically. These goals, part of the automaker’s 2030 product roadmap announced Thursday during its 2025 investor day in New York, join previous goals of hitting 5.5 million ...

President Donald Trump has created a buzz with a cryptic post on his social media platform, Truth Social. This time, the focus is on Intel Corporation INTC.Trump’s post, which appeared at midnight, featured an AI-generated image of him at the Oval Office desk, surrounded by trading charts on monitors. The image included the text “Bought Intel at $20” and “Intel now at $30.”The post, which did not include a caption, has left investors to decode whether Trump is taking credit for Intel’s recent stock surge.No ...

You might be surprised at how well the mega-conglomerate has performed.Berkshire Hathaway (BRK.A -0.42%) (BRK.B -0.35%) has been one of the most successful long-term investments of all time, producing returns in excess of 5,500,000% since Warren Buffett took control in the 1960s.However, Buffett himself cautioned in his 2014 letter to shareholders -- marking his 50th anniversary of leading Berkshire -- that the returns of the next 50 years wouldn't come close to those of the first 50 under Buffett's leaders ...