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05/11/2025
IBM is starting to lay off employees, which will affect thousands of employees globally.
Latest
1 m ago
Super Micro Computer's net sales for the first quarter were $5.02 billion, analysts had expected $6.09 billion. The projected net sales for the entire year are at least $36 billion, the company had originally projected at least $33 billion. The projected net sales for the second quarter are between $10 billion and $11 billion, analysts had expected $8.05 billion. Super Micro Computer's stock fell over 10% after market close.
3 m ago
After hours, Tempus AI fell more than 8%. Q3 revenue was $334 million, an increase of 84.7% year-on-year; net loss was $79.98 million compared to a loss of $75.84 million in the same period last year.
4 m ago
According to the Canadian budget, the actual GDP growth rate is expected to be 1.1% in 2025, lower than the December forecast of 1.7%; 1.2% in 2026, lower than the previous forecast of 2.1%; 2.0% in 2027, lower than the previous forecast of 2.1%; and 1.9% in 2028, lower than the previous forecast of 2.0%.
5 m ago
The Canadian budget shows a deficit of 65.4 billion Canadian dollars for the fiscal year 2026/27, compared to the previous estimate of 31 billion Canadian dollars in December last year; the deficit for the fiscal year 2027/28 is 63.5 billion Canadian dollars, compared to the previous estimate of 30.4 billion Canadian dollars.
5 m ago
The Canadian budget estimates that the federal debt-to-GDP ratio for the year 2025/26 will be 42.4%, up from the previous estimate of 41.7% in December of last year. For the year 2026/27, the ratio is projected to be 43.1%, higher than the previous estimate of 41.0%.
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