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Market updates
Amazon Checkout Crashes; Shoppers Get Error Page With Dogs
August 31, 2024 08:25 AM AEST| By EODHD(Bloomberg) -- Amazon.com Inc.’s retail website suffered an issue on Friday that prevented some shoppers from being able to purchase items. Most Read from Bloomberg Dense Cities With Low Emissions Suf...
As strike looms, Canada unwilling to wade into Air Canada pilot dispute, source says
August 31, 2024 06:45 AM AEST| By EODHDBy Allison Lampert, David Ljunggren and Rajesh Kumar Singh (Reuters) - Canada is reluctant to force Air Canada's pilots back to work if they go on strike, a government source told Reuters this week, e...
US Equity Indexes Mixed This Week as Market Reaction to Nvidia Results Jams Soft Landing Signal
August 31, 2024 06:41 AM AEST| By EODHDUS Equity Indexes Mixed This Week as Market Reaction to Nvidia Results Jams Soft Landing Signal
US clears updated COVID shots from Novavax, adding a 3rd fall vaccine option
August 31, 2024 06:06 AM AEST| By EODHDU.S. regulators have cleared a third updated COVID-19 vaccine for this fall, shots made by Novavax Inc. Already, Pfizer and Moderna are shipping shots modified to better match more recent strains of t...
Update: Market Chatter: Goldman Sachs Reportedly to Cut At Least 1,300 Employees Following Yearly Performance Review, WSJ Says
August 31, 2024 05:59 AM AEST| By EODHDUpdate: Market Chatter: Goldman Sachs Reportedly to Cut At Least 1,300 Employees Following Yearly Performance Review, WSJ Says
Goldman Sachs to Lay Off Over 1,300 Workers
August 31, 2024 05:40 AM AEST| By EODHDGoldman Sachs plans to cut more than 1,300 employees from its global workforce as part of an annual review process to cull low performers, according to people familiar with the matter. The moves will...
Market Chatter: Microsoft-Backed OpenAI Considers Investor-Friendly Restructuring
August 31, 2024 05:19 AM AEST| By EODHDMarket Chatter: Microsoft-Backed OpenAI Considers Investor-Friendly Restructuring
Goldman to lay off a few hundred employees in annual talent review, source says
August 31, 2024 05:08 AM AEST| By EODHD(Reuters) - Goldman Sachs plans to cut more than 1,300 employees from its global workforce as part of an annual review process to cull low performers, the Wall Street Journal reported on Friday, citin...
Salesforce CEO Marc Benioff says Microsoft Copilot has disappointed many customers
August 31, 2024 04:57 AM AEST| By EODHDMarc Benioff said Microsoft’s Copilot AI hasn’t lived up to the hype. The Salesforce CEO said on the company’s second-quarter earnings call that its own AI is nothing like Copilot, which he said was u...
Canadian Rail Union Appeals Decision Ordering Binding Arbitration
August 31, 2024 04:47 AM AEST| By EODHDThe court filings won’t disrupt efforts by Canadian National Railway and Canadian Pacific Kansas City to fully recover freight-rail operations. Continue reading View comments
How Costco leveraged its supply chain to become 3rd largest retailer on Earth | WHAT THE TRUCK?!?
August 31, 2024 04:40 AM AEST| By EODHDOn episode 753 of WHAT THE TRUCK?!? Dooner is joined by supply chain super consultant Brittain Ladd to talk about how Costco leveraged its supply chain to become the third largest retailer in the worl...
Market Chatter: Telus Mulls Spinoff of Unwanted Real Estate Into REIT
August 31, 2024 04:10 AM AEST| By EODHDMarket Chatter: Telus Mulls Spinoff of Unwanted Real Estate Into REIT
Verizon to speak at BofA Securities Media, Communications & Entertainment Conference Sept. 4
August 31, 2024 04:00 AM AEST| By EODHDVerizon Communications, Inc. NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Sowmyanarayan Sampath, Executive Vice President for Verizon (NYSE, Nasdaq: VZ), and CEO for Verizon Consumer, is scheduled to s...
Verizon to speak at Citi 2024 Global TMT Conference September 5
August 31, 2024 04:00 AM AEST| By EODHDVerizon Communications, Inc. NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Joe Russo, Executive Vice President, Verizon (NYSE, Nasdaq: VZ) & President of Global Networks and Technology, is scheduled to...
Nvidia’s AI Stock Boom Has Got to End. Big Tech Could Kill It.
August 31, 2024 03:17 AM AEST| By EODHDFour companies account for more than 40% of the chip maker’s sales. Investors should watch spending at those firms. Continue reading View comments
Why a cooling of the Nvidia party might be no bad thing for US stocks
August 31, 2024 03:00 AM AEST| By EODHDIf you were wondering whether markets were still in summertime silly season, allow me to settle the matter for you: they definitely are
Trump warns Mark Zuckerberg could ‘spend the rest of his life in prison’
August 31, 2024 02:53 AM AEST| By EODHDFormer President Donald Trump escalated his longstanding feud with Mark Zuckerberg by threatening the Meta CEO with prison time. Trump accused Zuckerberg of “plotting” against him during the 2020 elec...
Most major retailers and grocers will be open on Labor Day. Costco and your bank will be closed
August 31, 2024 01:30 AM AEST| By EODHDWASHINGTON (AP) — The origins of Labor Day date back to the late 19th century, when activists first sought to establish a day that would pay tribute to workers. The first U.S. Labor Day celebration to...
Boeing Company's Drone Flies 7 Hours on Hydrogen Fuel Cell
August 31, 2024 12:50 AM AEST| By EODHDAurora Flight Sciences, a Boeing subsidiary, recently completed a seven-hour flight test of the SKIRON-XLE, a fuel-cell-powered small uncrewed aircraft system (sUAS). The test flight was conducted at...
Tesla Archrival Breaks Out With Big China EV Sales Due; Nio, Li Auto, XPeng Also On Tap
August 30, 2024 11:52 PM AEST| By EODHDTesla archrival BYD is expected to report August sales of about 400,000. Nio, Li Auto and XPeng deliveries should be solid. Continue reading View comments
Canadian AI All-Stars: Unveiling the Top Stocks for 2025