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Amazon shares have climbed 8 percent so far this year, but investors are now looking toward October 29 to see if the momentum can hold. With the third quarter earnings report approaching, the spotlight is firmly on Amazon Web Services and the company’s aggressive spending habits. Analysts from Morningstar suggest that while the stock currently trades around 262 dollars, there...


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The recent dip in technology stocks has sparked a renewed debate over whether the artificial intelligence boom is a sustainable revolution or a speculative bubble waiting to burst. As investors grew jittery following a sharp plunge in several high profile tech shares, skeptics argued that the massive valuations currently attached to AI firms are disconnected from their actual...


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Welcome to the daily Inside Scoop newsletter. Netflix is laying off about 6% of its workforce and ousted its chief content officer and other executives. The changes are happening as the streaming-video giant vies for viewers’ attention in an evolving landscape that includes YouTube and Paramount Skydance. Senior Hollywood reporter Rebec...


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U.S. equity markets sold off sharply Thursday, as fears that Israel and the U.S. would restart attacks against Iran sent oil prices higher and major tech stocks failed to hold on to recent gains.

The S&P 500 closed down 1.2%, while the tech-heavy Nasdaq dropped 2.6%. The price of international Brent crude climbed nearly 4% to $1...


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Canadian aerospace leader Bombardier is making a significant strategic shift toward the United States, announcing a 270 million dollar investment aimed at bolstering its domestic infrastructure and workforce. This move follows a period of tension with the White House, specifically after President Donald Trump suggested back in September that the company should manufacture its...


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