In November, sales in the wholesale sector fell 0.2% from the prior month to a seasonally adjusted 83.75 billion Canadian dollars, the equivalent of U.S.$58.38 billion. The retreat, after broad gains ...
Beth Kindig, CEO and lead tech analyst for the I/O Fund said in a blog post that Big Tech was on track to spend at least $236 billion in capital expenditure in 2024, which represents year-over-year ...
Not everyone is convinced. Atif Malik, a Citi analyst, was among a number of skeptics questioning DeepSeek's thriftiness. What is real is that DeepSeek is charging end users significantly less - 14 ...
The Chicago Fed National Activity Index gained to 0.15 in December from minus 0.01 in November, according to new and revised figures. The reading above zero suggests growth was above the long-term ...
Discovery Silver is positioning itself as a new Canadian gold producer with an up to $425 million deal to buy Newmont's Porcupine mining operations.
For the fourth quarter to Dec. 31, SoFi reported record adjusted net revenue of $739.1 million, which rose 24.4% from a year ago, and was well above the FactSet consensus of $674.6 million. The margin ...
Wall Street is nervous about what DeepSeek's success means for companies like Nvidia Corp. (NVDA), Broadcom Inc. (AVGO), Marvell Technology Inc. (MRVL) and others that have seen their stocks run up on ...
Merck & Co. has won U.S. Food and Drug Administration priority review for its application seeking expanded use of its Welireg oral cancer drug in patients with rare tumors that form in and around the ...
The Fed will outline a rate decision Wednesday. Due to evidence of a strong U.S. economy, interest rates are widely expected to be kept on hold. Focus will center on any accompanying hints about ...
Companies with good payouts are now the hottest bet in China markets. Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar. Recent court cases reveal how middlemen are ...
The telecommunications company added more mobile phone customers than Wall Street was expecting over the fourth quarter. The budget airline expects to fly fewer passengers than hoped in fiscal 2026, ...
"It's still a very strong Trump news cycle. The last thing Powell wants to do is to kind of paint a target on the Fed" by suggesting in any way that interest-rate policy "could interfere with the ...