BUSINESS
Meta is building a C$13 billion ($9.17 billion) data center in Alberta, part of a global expansion of its artificial intelligence infrastructure network. It will be the company's first major data center project in Canada and one of its largest investments outside the United States.
BUSINESS
OpenAI has quietly submitted confidential IPO paperwork to the SEC, just days after rival Anthropic did the same — marking a major turning point in the commercialization of artificial intelligence.
BUSINESS
The S&P Global flash PMI climbed to 52.0 as manufacturing hit a 47-month high, yet supply chain chaos tied to the Iran conflict is accelerating inflation and threatening to push Federal Reserve rate cuts further off the table.
BUSINESS
The Fortnite maker announced sweeping job reductions and hundreds of millions in planned savings as declining player engagement and rising operational costs force the gaming giant into its second major round of layoffs in three years.
BUSINESS
Thursday handed Wall Street one of its ugliest sessions of the year. The Dow Jones Industrial Average shed roughly 785 points, oil posted its biggest single-day gain since May 2020, and the S&P 500 gave back every dollar it had gained in 2026 — all before the closing bell.
