Finance

Amazon Beats Sales Forecast but Heavy Spending Weighs

Quarterly revenue tops expectations Amazon reported fourth-quarter results that exceeded Wall Street’s revenue expectations, underscoring continued momentum across its e-commerce and cloud businesses. Sales rose...

AMD Shares Sink Despite Strong Earnings Beat

Market reaction clashes with solid results Advanced Micro Devices suffered a sharp selloff on Wednesday, with shares dropping more than 17%, even after the company...

Michael Burry’s Quiet Return to GameStop

A contrarian signal, not a meme revival Michael Burry, the investor made famous by his bet against the U.S. housing market before the 2008 financial...

Bank of Canada holds rates amid trade uncertainty

Policy rate remains at 2.25% for second straight meeting The Bank of Canada on Wednesday held its benchmark policy rate at 2.25%, a move that...

Intel rally breaks as recovery hurdles reappear

Stock surge meets post-earnings reality After a powerful rally fueled by comeback hopes, Intel shares reversed sharply following the company’s fourth-quarter earnings, highlighting the uneven...

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