Finance

S&P 500 hits record high on rate cut optimism

Labor data fails to shift Fed expectations The S&P 500 closed at an all-time high Thursday, as softer labor market data reinforced investor expectations of...

Snowflake Surges with Strong Earnings and AI Strategy

Quarterly growth fuels stock momentum Snowflake has delivered a second-quarter performance that signals renewed strength across its operations. The cloud data company reported significant sales...

U.S. GDP Rebounds Sharply Despite Trade Uncertainty

Second-quarter growth revised up to 3.3% The U.S. economy expanded at a stronger pace than initially reported in the second quarter of 2025, with new...

Canadian banks reduce provisions as trade fears ease

Loan-loss buffers shrink amid calmer U.S. trade outlook Canada’s largest banks are poised to post stronger third-quarter earnings as loan-loss provisions are expected to decline...

Pop Mart surges 12% after 400% profit growth

Labubu dolls fuel explosive global sales Shares of Chinese toymaker Pop Mart soared 12.5% on Wednesday following the company’s announcement of a 396.5% surge in...

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