National Bank reports $1.31 billion Q3 profit up from $1.07 billion a year ago
MONTREAL — National Bank of Canada reported its third-quarter profit rose more than 20 per cent compared with…
Trade war: U.S. tariffs are ‘manageable,’ says Scotiabank CEO
TORONTO — As Canadian businesses grapple with the latest flare up in U.S. trade tensions, executives at Scotiabank…
BMO reports Q3 profit down from year ago on one-time charge, adjusted profit up
BMO Financial Group reported a third-quarter profit of $1.75 billion, down from $2.33 billion a year earlier, as…
Goldman Sachs AI: Partner warns ‘huge danger’ of replacing reasoning skills
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock…
Here’s why the Bank of Canada is worried about the rise of private credit
OTTAWA — The Bank of Canada is carefully watching the rise of an alternative credit model that has…
Gas price rebound expected to send Canada’s inflation higher
Kevin Haakensen, portfolio manager at Clear Sky Private Wealth, joins BNN Bloomberg to discuss the key takeaways from…
Wall Street endorsed Jensen Huang’s ‘big concept’ for AI. What now?
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company’s “Japan…
Nvidia, Wall Street asset managers partner on $500B AI push
NVIDIA Corp. CEO Jensen Huang speaks during a joint press conference with representatives of Fujitsu Ltd., FANUC Corp.…
Clear Street launches pre-IPO platform, lists AI giant Databricks
Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024. Smith Collection/ gado…
Leopold Aschenbrenner Situational Awareness fund: $45B to fire sale
Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in…
US Fed holds interest rates steady, citing ‘elevated’ inflation | Inflation News
The United States Federal Reserve is set to hold interest rates steady as inflationary pressures mount, driven by…
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
UBS reported a profit rise in its second-quarter earnings Wednesday, as CEO Sergio Ermotti warned that geopolitical volatility…