Market movers: Stocks seeing action on Wednesday

Under the deal, Alamos will gain Argonaut’s Magino mine in Canada, while the company’s assets in the United States and Mexico will be spun out to its existing shareholders.

The new company will own Argonaut’s Florida Canyon mine in the United States, as well as the El Castillo Complex, the La Colorada operation and the Cerro del Gallo project in Mexico. Along with Tikehau Star Infra, J. Benton Construction and Avports, the company modernize the airport amenities and add passenger boarding bridges.

“We look forward to making a significant difference for these patients that are left with a disease where the five year mortality is 43 per cent,” Jannie Oosthuizen, president of Merck’s U.S. Human Health business, told Reuters. Bookings for the rest of 2024 remain the best year on record with total customer deposits reaching US$7-billion in the first quarter, the company said. New-to-cruise customers surged more than 30 per cent year-over-year, Carnival said.

The cruise operator raised the expected impact of the Red Sea disruptions to 9 US cents per share from the 7-8 US cents it had estimated in January. “Tieing the credit card to Robinhood’s Gold program should be accretive to revenues because of the profitable options trading and use of margin that comes with it,” said Michael Ashley Schulman, partner and CIO at Running Point Capital Advisors.

The turnaround in trading activity and an increased focus on profitability have together sparked a rally in the fintech’s stock, that has surged over 50 per cent so far this year. Cash costs are expected to be about half of that amount, primarily related to workforce reductions, it said in a filing without disclosing the number of jobs it would cut.

“This agreement opens a new chapter of constructive engagement with the new leadership of the district,” Walt Disney World President Jeff Vahle said. Shares of Trump-controlled TMTG, which owns his Truth Social social network, have climbed over 30% since they began trading on Wall Street on Tuesday through a merger with a blank-check company already listed on the Nasdaq.

In comparison, X had 238 million daily active users as of June 2022, as per the latest available official data, while Facebook and Reddit had 2.1 billion and 73 million, respectively.) fell with the release of a plan to lay off 17 per cent of its staff - including three senior executives - as it pares its ambitious global growth plans in order to save cash and focus on building a crucial processing facility in New York.

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