Chinese internet tech ramp up AI spend. Who could benefit
Chinese internet companies don’t have enough compute to power their artificial intelligence ambitions — and they aren’t about…
Canada Unemployment Rate Drops to 6.5% in November — Update
By Robb M. Stewart OTTAWA–A third straight month of surprisingly strong hiring in Canada pushed the unemployment rate…
Dutch Pension Overhaul to Fuel Pivot From Long Bonds in EU
European nations look set to lower the length of their borrowing as an overhaul of the Dutch pension…
Big Shift in AI Stock Trade Drives Hunt for New Stars in Asia
The hunt is on for new Asian equity winners from the artificial intelligence trade, as a technological shift…
Salesforce CEO calls AI a ‘commodity feature’
As Wall Street worries that advancements in artificial intelligence will hurt enterprise software companies, Salesforce CEO Marc Benioff…
Jersey City ‘Struggling,’ Moody’s Says in One-Notch Credit Cut
Moody’s Ratings cut Jersey City’s credit grade one step to A2 from A1, saying the rating reflected a…
Sweet gains for markets amid sour job signals
Traders work on the floor of the New York Stock Exchange (NYSE) after the opening bell in New…
China state-owned banks soak up dollars to slow yuan gains, sources say
Dec 4 (Reuters) – China’s major state-owned banks bought dollars in the onshore spot market this week and…
Once again, bad data is good news for markets
After shaking off some of the weakness at the start of the month, markets seemed to be ready…
Algoma Steel highlights new strategy after layoffs as it looks to lower costs
SAULT STE. MARIE – A day after his company announced plans to let go of more than 1,000…
Amazon announces new AI chips, closer Nvidia ties — but it’s cloud capacity that matters most
Amazon Web Services’ two-track approach to artificial intelligence came into better focus Tuesday as the world’s biggest cloud…
The stock market believes Google is now winning the AI race over OpenAI, Nvidia
Alphabet-owned Google just gained a leg up over OpenAI’s ChatGPT, according to recent stock market performance. Shares of…