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Data centre operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the matter, even as higher interest rates and setbacks elsewhere in the data centre ecosystem threaten to narrow the window for companies to tap the IPO market.
The global bond market was on high-alert well before the yield on U.S. five to thirty-year Treasuries topped 5 per cent this week.
Global equity funds attracted the most inflows since early July in the week to September 25, snapping a two-week selling streak as enthusiasm around artificial intelligence and a pullback of oil prices outweighed a sharp rise in government bond yields.
Investor rights advocate FAIR Canada says the existing restrictions on prediction market contracts should remain unless broader access is shown to benefit investors and serve the public interest.
A former Canadian ambassador to the United States says businesses shouldn’t bet on the cross-border relationship going back to normal.
A trillion dollars used to be a rare milestone. But in the eight years since Apple first accomplished the feat, more than a dozen companies have crossed the trillion dollar threshold.
Canada’s main stock index edged lower, weighed down by weakness in consumer cyclical stocks, while U.S. markets posted mixed results.
After whipping through a couple sudden reversals, stocks ended a shaky day of trading on Wall Street Thursday roughly where they began.
Rising U.S. Treasury yields put fourth-quarter earnings and company forecasts in focus as investors weigh another Fed rate hike.
QNX growth lifts BlackBerry’s annual forecast as a commercial truck software win adds more than US$100 million to its royalty backlog.
U.S. long-dated Treasury yields rose to their highest in more than 20 years on Thursday, extending a selloff that has accelerated of late on worries that high energy costs, resilient economic growth and increased government spending will keep inflation elevated.
A two per cent fee on a few thousand dollars in investments might not seem like a big deal when you’re building your wealth and seeing your portfolio grow.
Three major factors are driving the Canadian dollar lower against the U.S. dollar and point to further weakness.
A tumultuous ride for bonds this year has left Vanguard’s senior bond fund manager Arvind Narayan with one unequivocal message: “This is not the time to be a hero.”
Most investors want the return without the ride. They want the long-term growth equities can provide, but without the 5, 10 or 15 per cent declines that periodically come with them. Markets rarely offer that bargain.
Pressure from the U.S. bond market hit a new level on Wall Street after a surprisingly strong report on the economy raised worries about inflation.
