As economic anxieties mount, Netflix is looking like quite the bargain in a crowded streaming market. During its earnings call Thursday, the streamer said it hadn’t seen any major changes amid emerging economic headwinds — and it isn’t adjusting its forecasts. Co-CEO Greg Peters said subscriber retention was stable, consumers weren’t shifting significantly to lower-priced…
Open this photo in gallery: A 2022 Volkswagen ID. 4 EV charges at a Scarborough, Ont., Canadian Tire on June 14, 2023.Doug Ives/The Canadian Press Baris Akyurek is the vice-president of insights and intelligence at AutoTrader. Among the most frequent questions I receive from Canadians are about the electric vehicle market. With the growing attention…
Hertz dropped as much as 12% Tuesday morning after posting a deeper-than-expected quarterly profit loss. The rental-car giant is still facing challenges from a high-cost electric vehicle fleet. The company is trying to sell off Teslas that are depreciating in value. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
Open this photo in gallery: Traders work on the floor at the New York Stock Exchange in New York on Sept. 4.Brendan McDermid/Reuters Is your portfolio looking great these days? So it should. Wall Street has just enjoyed its best nine-month performance to start a year since 1997. It’s an achievement that is both exhilarating…
Monday September 30 China PMI and current account surplus Japan industrial production and retail sales Canada’s National Day for Truth and Reconciliation (stock markets open; bond markets closed) (9:45 a.m. ET) U.S. Chicago PMI for September. (1:55 p.m. ET) U.S. Fed chair Jerome Powell gives luncheon address at NABE conference. Earnings include: Carnival Corp. —…