Daily News

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...

Alphabet Inc. reported first-quarter revenue that exceeded analysts’ expectations, buoyed by growth in its cloud computing unit.  The Google parent generated sales, excluding partner payouts, of US$67.6 billion for the three months that ended on March 31,...

Snap Inc. gained in extended trading after projecting that revenue in the current quarter will jump as much as 18 per cent, beating analysts’ estimates and offering a sign that the overhaul to its advertising business has taken hold with marketers. Sales w...

TFI International Inc. says its net income for the first quarter was US$92.8 million, down from US$111.9 million a year earlier. The Montreal-based transportation and logistics company says revenue totalled US$1.87 billion, up from US$1.85 billion during t...

One-earner families pay thousands more dollars in income tax than two-earner families with the same income. How is that possibly fair?By Peter Shawn Taylor We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see...

Robert McLister: Rising yields on the government of Canada five-year bond signal rates could be entering a new cycle of highsAs I jot this note, Canada’s five-year government bond yield is hitting its peak for the year. There’s a growing risk we may even mak...

Steep drop in currency could hike inflation by 1%, says BofA We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Canadian dollar could throw wrench into Bank of Canad...

Here are five things you need to know this morning. Tesla misses but stock jumps: Earnings from electric car maker Tesla came out after the bell yesterday, and while the company failed to meet expectations on just about every financial metric, the stock ju...

A new survey found that more financial service organizations are offering crypto assets in Canada amid growing crypto exposure among institutional investors.  KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA) released...

Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far. A US$250 billion exchange-traded fund tracking the Nasdaq 100...