Daily News

Source: Financialpost April 28, 2024

Howard Levitt: Even Google, once a leader among the woke, is waking up

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday Opinion: Tech giant's decision to...

Source: Financialpost April 28, 2024

Many Canadians are delaying filing their taxes out of fear of owing money, survey says

CRA deadline to submit return is April 30An increasing number of Canadians have delayed filing their taxes because they’re worried about owing money this year, according to a new survey by H&R Block Canada. We apologize, but this video has failed to l...

Source: BNN Bloomberg April 27, 2024

The Daily Chase: Big tech beats, oil earnings disappoint

Here are five things you need to know this morning. Big beats at Google and Microsoft: Earnings from tech giants Alphabet and Microsoft were hotly anticipated on Thursday, and the numbers from both companies came in ahead of expectations. Google was the bi...

Company News Source: BNN Bloomberg April 27, 2024

Alphabet joins $2 trillion club as results show AI strength

Alphabet Inc. closed decisively above a US$2 trillion market capitalization for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence. The stock rose 10 per c...

Source: BNN Bloomberg April 27, 2024

Markets today: 'AI craze' powers best week in 2024 for stocks

A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh of relief after the latest inflation data came roughly in line with estimates. Equities notched their best week in 2024 after Microsoft Corp. and Goog...

Source: BNN Bloomberg April 27, 2024

The Week Ahead: Fed interest rate announcement; Canada GDP data due

Monday, April 29 Earnings: Cargojet, Gibson Energy, Domino’s Pizza, Paramount Global Tuesday, April 30 8:30 a.m. Canada Monthly Real GDP (February) U.S. FOMC Meeting Begins Earnings: Cameco, Ivanhoe Mines, Restaurant Brands Intl, Allied P...

Source: Financialpost April 27, 2024

Why the smart money is buying single-family homes

Robert McLister: Shortage of houses and surging population is setting up a big opportunity, for those with the financial means“Location, location, location” is what real estate agents preach like a broken record, and for good reason. We apologize, but...

Source: BNN Bloomberg April 26, 2024

Markets today: big tech surges in late hours on blowout earnings

The world’s largest technology companies soared in late trading after stellar results from Microsoft Corp. and Google’s parent Alphabet Inc. fueled confidence in the market’s most-influential group. A US$250 billion exchange-traded fund tracking the Nasdaq...

Source: BNN Bloomberg April 26, 2024

The Daily Chase: Honda's EV announcement, U.S. GDP slows

Here are five things you need to know this morning. Honda set to announce plans for Canadian-made EVs: Our colleagues at Bloomberg broke this news earlier this week, but today’s the day that Honda’s plan to build electric vehicles in Canada becomes officia...

Source: BNN Bloomberg April 26, 2024

Microsoft sales and profit beat expectations on robust AI demand

Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings. Revenue in the third quarter, which ended March 31, rose 17 per cent to US$61.9 billi...