Daily News

Shares of Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, surged on Thursday after a bullish sales forecast showed that AI computing spending remains strong. Second-quarter revenue will be about US$28 billion, the company said...

Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks.  Canada’s biggest pension fund held five per cent of...

Stocks and bonds retreated as data showing U.S. business activity accelerated amid a pickup in inflation reinforced speculation the U.S. Federal Reserve will remain on hold. The S&P 500 dropped below 5,300, with all megacaps down except Nvidia Corp. The gi...

The WNBA awarded Toronto its first-ever franchise outside the US, linking up with a sports and real estate billionaire as the flourishing league pushes to build an audience in Canada and abroad.  Kilmer Sports Ventures, a firm controlled by Canadian mogul...

Canada's main stock index lost almost 150 points Thursday, led by weakness in utilities and base metals, while U.S. stock markets also fell.  The S&P/TSX Composite Index closed down 145.97 points at 22,200.79. In New York, the Dow Jones industrial avera...

Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners FOCUS: Energy stocks MARKET OUTLOOK: Energy remains in a multi-year bull market with strong (enough) underlying demand growth and limitations to supply growth, be they voluntary...

Gildan Activewear Inc.’s entire board of directors and Chief Executive Officer Vince Tyra resigned on Thursday, marking a dramatic victory for activist shareholder Browning West LP.  The mass resignation means Los Angeles-based Browning West will take cont...

The retailer closed all 79 of its stores on April 28 and did not fully reopen until May 7RICHMOND, B.C. — Retailer London Drugs Ltd. says it is “unwilling and unable” to pay a multimillion-dollar ransom to cybercriminals who claim to have stolen data in a ha...

Weiss Multi-Strategy Advisers LLC’s collapse leaves some staff standing to lose more than US$1 million in deferred compensationThe order came down from George Weiss, hedge-fund pioneer: Sell. Sell it all. We apologize, but this video has failed to loa...

Jamie Golombek has strategies for investors, cottage owners and corporations before the inclusion rate goes up June 25Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases...