Google parent Alphabet (GOOG +2.33%) (GOOGL +2.13%) reported blowout second-quarter results, yet the stock fell after its July 22 report. The culprit for the sell-off was likely the large increase in Alphabet’s capital expenditures to build out artificial intelligence infrastructure. Management raised its 2026 spending target to $195 billion to $205 billion, up from prior […]
Data is the fuel for growth in the payments business, no less than in any other industry. Payments companies focused on faster growth thirst for numbers. To serve that market, Stripe Inc. early Monday announced a collaboration with TSG, a payments-data provider, in a move aimed at helping processors, software developers, and investors extract faster […]
Shares of cigarette-maker Godfrey Phillips slipped 6% to Rs 2,119.10 apiece on the BSE on Tuesday after the company reported a 44.3% year-on-year decline in its Q1 net profit to Rs 198.39 crore. Net revenue from operations for the firm fell 18.8% to Rs 1,206 crore during the June quarter of the current financial year, […]
A platform built through acquisition Wealth Enhancement Group’s exponential growth trajectory reflects the broader consolidation dynamic reshaping the independent advice industry. TA Associates acquired the firm in 2019 when it managed approximately $11.8 billion in client assets, and by August 2021, when Onex made an equity investment to become an equal capital partner alongside TA […]
The S&P 500 eyes relief rally if the Fed avoids hawkish surprise and US-Iran ceasefire holds !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Key Takeaways Although it’s not common, some lenders may let you make car payments with a credit card, but it could be a costly move that may damage your credit score. If you use a 0% intro APR credit card, you could pay off your car loan with no interest, but watch out for high […]
Intel (INTC -0.70%) has been a monster stock so far in 2026. It has risen by around 150%, but it’s still well below its peak. Intel’s stock has plummeted around 35% from its all-time high, set just a few weeks ago at the end of June. Since then, Intel has reported some incredible figures, including […]
Low trust in deal durability Even a deal, if struck, may not provide the relief markets are hoping for. The ARI data shows that only 13 per cent of Canadians trust the Trump administration to stick to the terms of any agreement reached by August 19. Three-quarters (75 per cent) say they do not. This […]
Millions of customers of state-owned Bank of Baroda (BoB) may be wondering whether their money and personal information are at risk after reports emerged that customer and internal bank data had appeared on the dark web. While the bank has confirmed that an employee’s email account was compromised, it has also said […]
There aren’t any major expiries to take note of on the day, with the full list seen below. The market mood as we look towards European trading later is more defensive with all eyes on the rout in tech shares. It is a bloodbath in Asia and while European indices may not be as tech […]