Stock Market News

RBC boosts dividend as record results fuel global ambitions

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board to raise the quarterly common share dividend to $1.64, a six per

BMO lifts dividend as U.S. banking overhaul shows progress

Improved credit performance drives stronger earnings BMO Financial Group reported $2.3 billion

Australia’s GDP delivers fastest growth in nearly two years

Strong domestic demand lifts expansion despite slight forecast miss Australia’s economy grew

Delta says shutdown cut profit by $200 million

Longest government impasse hurt travel bookings Delta Air Lines reported that the

AWS unveils AI tool to speed up outage recovery

New DevOps Agent aims to cut downtime Amazon Web Services has launched

Finance

Dollar Weakens Amid Fed Dovishness and Trade Tensions

Dollar drops against euro, pressured by Fed and shutdown fears The U.S. dollar slipped for a third consecutive day against the euro on Thursday, reflecting growing concerns over Federal Reserve dovish signals

Gold rises ahead of Jackson Hole and Fed pressure

Gold rebounds after recent lows Gold prices rose 0.9% on Wednesday to $3,344.37 per ounce, boosted by a weakening U.S.

JPMorgan Nears Deal to Take Over Apple Card

Goldman Retreats as JPMorgan Steps In JPMorgan Chase is close to securing a major deal to assume control of the

TD Joins Office Return Trend Amid Desk Shortage

Major Banks Push for In-Person Work—But Offices Strain Canada’s banking sector is shifting gears on hybrid work. Toronto-Dominion Bank is

Amex and JPMorgan Plan Major Credit Card Updates

The rivalry between top-tier premium credit cards is intensifying as JPMorgan Chase and American Express prepare major updates to their

Business

Goldman Sachs to acquire Innovator Capital

Two billion dollar deal to expand ETF offerings Goldman Sachs said Monday it agreed to acquire Innovator Capital Management for about $2 billion, marking

BYD Extends Growth in European Car Sales

Sales expand across the region Chinese automaker BYD continued to post higher

Alphabet approaches landmark valuation threshold

Premarket rally pushes the tech giant higher Alphabet shares climbed sharply in

Kohl’s names Michael Bender as permanent CEO

Leadership shift aims to stabilize the retailer Kohl’s announced that Michael Bender,

Major media groups submit bids for Warner Bros. Discovery

First-round offers target film and streaming assets Warner Bros. Discovery has received

Walmart lifts outlook on online sales and AI focus

Stronger quarter and higher guidance Walmart raised its full year guidance for

Toyota begins battery production at new North Carolina plant

Toyota Motor has officially started production at its new battery facility in

Technology

amazon-commits-up-to-$50-billion-to-expand-u.s.-government-ai-capacity

Amazon commits $50B to U.S. AI expansion

A major investment in next-generation federal infrastructure Amazon announced a plan to invest up to $50 billion to expand artificial intelligence and high-performance computing capacity for U.S. federal agencies. The project, scheduled