Business
U.S. Retail Spending Increases in Early Spring, but Consumer Pressures Signal Caution Ahead
U.S. retail spending showed modest growth heading into spring, but underneath the surface, consumer behavior remains shaped by a complex…
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Spending
Business
'Spending more on gas than groceries:' Rising fuel prices drive more San Antonio families to the Food Bank amid Iran war
Rising gas prices are creating even more pressure on families already struggling to afford everyday essentials, which has led to a spike…
Business
7 ways “just one more month” spending quietly traps early-stage founders
Every founder has had this conversation with themselves: Let’s keep the tool for one more month. Let’s extend the contractor for another…
Business
US: Dow closes above 50,000, Nvidia soars as traders focus on AI spending
The Dow Jones Industrial Average blew past the historic 50,000 mark on Friday (Feb 6) and the S&P 500 ended sharply higher, as Nvidia and…
Business
AI race sends Big Tech’s capital spending to stratospheric high
Each tech giant has laid out a slightly different route to recouping their investments Four of the biggest US technology companies…
Business
Google parent Alphabet says it could double capital spending in 2026
Along with Meta, the big cloud companies are expected to collectively shell out more than US$500 billion on AI this year Alphabet said on…
News
Kamloops Lawyer Convicted of Killing Client After Spending Nearly $800K He Gave the Lawyer to Hide from His Estranged Wife
A former Kamloops lawyer who stole almost $800,000 from a client before fatally stabbing him and smuggling his body out of his office in a…
Business
Amex projects upbeat 2026 profit on steady spending by affluent customers
It expects revenue to grow in the range of 9 to 10% – versus expectations of about 9% American Express (Amex) forecast annual profit…
Business
From Meta to Samsung, global tech unleashes spending to chase AI
Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres The world’s largest…
Business
Meta leans on improved ad business to fuel massive AI spending
Investors have historically been anxious about whether the company’s businesses will benefit meaningfully from its hefty AI investments…
Business
Microsoft’s rising spending, slight cloud beat fan AI payoff worries
OSOFT only edged past estimates for quarterly revenue in its crucial cloud-computing business on Wednesday and ramped up spending on…
Business
Microsoft capital spending jumps, cloud revenue fails to impress
The tie-up with OpenAI, once an edge, now faces risks as Google’s Gemini wins clients like Apple — Microsoft said on Wednesday (Jan 29) it…
Business
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers…
Business
Oracle shares drop the most since 2001 on mounting AI spending
The stock has already lost about a third of its value through Wednesday’s close since a record high on Sep 10 Oracle shares fell the most…
Business
S&P 500, Nasdaq opens lower on Oracle AI spending jitters
The S&P 500 and the Nasdaq opened lower on Thursday (Dec 11) as fresh worries over Oracle’s hefty AI spending plans overshadow optimism…
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The Budget Crunch Is Coming. States Must Adjust Their Spending Accordingly | National Review
The trend toward budget shortfalls is unmistakable. Source link
Business
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million — Vietnam’s VinFast reported a bigger third-quarter net…
Business
Nvidia’s upbeat forecast soothes fears of AI spending bubble
Nvidia Corp, the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a…
Business
Baidu posts worst sales fall on record despite major AI spending
The results underscore the Internet search leader is losing ad business to rivals while struggling to compete in a crowded AI field Baidu…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5b spending target
The group says the issuance will enable them to raise funds for operating expenditure and strengthen its capital base Mainboard-listed…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
CSE Global issues 63 million warrants to Amazon unit, tied to US$1.5 billion spending target; soars 6.6% to 10-year high
Mainboard-listed systems integrator CSE Global has entered into an agreement to issue 62,968,580 new warrants to a wholly owned subsidiary…
Business
After China’s long retail downturn, CEOs see consumer spending coming back
Several North American and European companies have posted positive results in the Asian nation in recent weeks Top executives at Western…
Business
Tech giants test investors’ patience with AI spending spree
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter The largest…