Amazon.com Inc.’s run as one of the best stocks this year will likely come down to the performance of a single business line: cloud computing.
Fintech Firm Wex Is Said to Acquire Payzer in $250 Million DealBitcoin Faces Reality Check if ETF Launches Spark ‘Sell-the-News’ PivotBig Tech’s Disappointing Earnings Erase $200 Billion in ValueZambia’s Inflation Nears Two-Year High on Currency TumbleIsrael Latest: Army Attacks Targets in Northern Gaza Ground RaidBattery Makers Hunt for Graphite Before China Controls Kick InZambia Reaches Deal With Bondholders on Debt RestructuringUS GDP Data to Show Temporary Boost from Summer-Spending...
AssaultDollar Resumes Climb Toward 2023 Peak as US Yields Push HigherRate pause to benefit renters: expertsBank of Canada holds key interest rate at 5%, keeps door open to more rate hikesWhat a weaker loonie means for CanadiansThe Daily Chase: Bank of Canada rate decision dayBusiness leaders increasingly see importance of climate plans: surveyUnifor set to bargain for more than 2,800 workers at Loblaw-owned storesInflation is slowing.
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KKR Is Close to Invest $400 Million in Malaysian Sub-Sea Cable Firm OMSKKR & Co. is nearing a deal to invest about $400 million in Malaysian sub-sea cable company OMS Group Sdn., people familiar with the matter said, in what could be the latest transaction in the digital infrastructure industry in Asia.
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CN Rail profits plummet as consumer demand falls and B.C. port strike takes its tollRevenues decreased 12 per cent to $3.99 billion from $4.51 billion the year before, says CN
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Facebook-parent Meta beats revenue estimates, forecasts additional spendingThe company also trimmed its 2023 total expenses view to $87-billion to $89-billion
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T-Mobile lifts free cash flow forecast as subscriber additions beat estimatesT-Mobile now expects adjusted free cash flow for the year to be between $13.4 billion and $13.6 billion, compared with its prior forecast of $13.2 billion to...
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Sweden’s Central Bank Needs More Than $7 Billion to Cover LossesSweden’s central bank will need more than $7 billion to cover losses stemming from its quantitative easing programs, the governor of the Riksbank told lawmakers on Tuesday.
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Alphabet, Microsoft Have ‘No Room’ for Error as Tech Rally FadesStock bulls who rode megacap tech shares to double-digit gains this year have had little reason to stick around lately. Now they’re counting on earnings from Microsoft Corp. and Alphabet Inc. after markets close Tuesday to help restart the rally.
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