Key Points - Earnings surged in Q2, with adjusted EPS up 24% to CAD 2.54 and revenue rising 14% to CAD 8 billion, marking CIBC’s eighth straight quarter of double-digit EPS growth and 11th consecutive quarter of positive operating leverage. - All major businesses posted... <p
Key Points - Earnings surged in Q2, with adjusted EPS up 24% to CAD 2.54 and revenue rising 14% to CAD 8 billion, marking CIBC’s eighth straight quarter of double-digit EPS growth and 11th consecutive quarter of positive operating leverage. - All major businesses posted... <p
Quick Read - Snowflake (SNOW) reported Q1 FY2027 product revenue of $1.33B, up 34% YoY with non-GAAP EPS of $0.39 beating consensus of $0.32, while signing a $6B multiyear deal with Amazon (AMZN) to use Graviton CPUs. - Snowflake’s 37% intraday stock surge reflects CEO Sridhar...
Quick Read - For nearly a decade, Nokia (NOK) was the patience trade nobody wanted, but the Finnish company has gone from dead money to AI darling. - Almost all its substantial five-year gain came in the past 12 months as the AI thesis took hold, and the story going forward...</p
Quick Read - Coupang (CPNG) trades down 30% year to date but generating $34.5B in 2025 revenue and ratios suggesting growth is underpriced, while insiders accumulate shares and the company authorized a $2B buyback. - A 2025 data breach affecting 33+ million accounts and a $1.2B...</strong
The stock market has, through geopolitical conflicts and jittery bubble-fearing uncertainties, once more proven its tenacity and resilience. 2026 has been anything but stable, yet the S&P 500 has clocked an almost 9% gain thus far. Once again, artificial intelligence (AI)
Quick Read - Meta (META) reported Q1 ad revenue of $55.02B, up 33%, with advertising impressions +19% and price per ad +12%, while Reality Labs posted a $4.03B operating loss on $402M revenue. - Alphabet (GOOG) showed Google Cloud surging 63% to $20.03B with backlog nearly...
PARIS, May 28 France’s top markets regulator warned crypto companies they could be blacklisted and sued if they do not get an EU licence to operate by end of June, as the bloc fully rolls out tighter regulation of crypto. Under the European Union's crypto rules, MiCA, cryp
PARIS, May 28 France’s top markets regulator warned crypto companies they could be blacklisted and sued if they do not get an EU licence to operate by end of June, as the bloc fully rolls out tighter regulation of crypto. Under the European Union's crypto rules, MiCA, cryp
These days, it's difficult to have a conversation about residential real estate without addressing the issue of housing affordability. Getting down to the heart of the matter, many prospective buyers, particularly younger buyers, are priced out of the market Compoun