Category : Search result: big tech power costs


AI Spending Fears Hit Big Tech Bond Market

Investor anxiety over massive AI infrastructure spending by tech giants spills into bond markets, driving up debt costs. Get the latest analysis on this market shift.

225,000+ Quebec homes lose power in snowstorm

Hydro-Québec crews work overnight as the season's first snowstorm leaves hundreds of thousands without electricity across southern Quebec, particularly impacting Montérégie.

Maugerville's Big Potato Vandalized Again

The beloved Big Potato sculpture in Maugerville, New Brunswick, has been targeted by vandals just three years after community restoration efforts. Discover the impact on this iconic roadside attraction.

TransAlta Posts Q3 Loss, Shares Drop 13%

Calgary-based TransAlta reports surprising Q3 loss of $8 million, sending shares tumbling over 13% as lower power prices and unfavourable hedging contracts squeeze profitability.

Lightspeed Q2 Revenue Jumps 25%, Raises Guidance

Montreal-based tech giant Lightspeed Commerce reports strong Q2 2024 results with revenue climbing to $230.3 million, prompting increased full-year financial guidance amid global expansion.

Michael Burry Bets Big on China Stocks & Gold

The legendary investor who predicted the 2008 financial crisis is back with massive new positions in Chinese stocks and gold ETFs, alongside cryptic market warnings.

Nova Scotia ultra-runner ranks among world's best

Halifax ultra-runner Dave Myles achieves global recognition after completing a revolutionary 74-hour race format that eliminated traditional finish lines, ranking among the world's elite endurance athletes.

Stouffville woman wins $100,000 in lottery

A Stouffville woman's ordinary day turned extraordinary when she discovered she won $100,000 playing Lotto 6/49, proving that life-changing moments can happen when least expected.

Global Markets Retreat as Tech Stocks Decline

Global stock markets face pressure as major technology companies experience significant declines, dragging down U.S. indices and creating ripple effects across international markets.

Big Tech's Historic Rally Smashes Records

Wall Street witnesses history as Big Tech's earnings explosion fuels unprecedented market dominance. Discover which companies are driving the longest winning streak in decades.

Black Startups Secure Record $400K at DMZ Summit

Toronto's DMZ tech hub makes history as Black entrepreneurs secure unprecedented funding during Canada's largest Black Innovation Summit, marking a watershed moment for diversity in tech.

Canada's Nuclear Crossroads: Powering the Future

As global electricity demand surges, Canada faces a critical energy dilemma. Can nuclear power bridge the gap between climate goals and energy security? Experts weigh in on the nation's atomic advantage.

Meta & Microsoft's AI Spending Tests Investor Patience

As tech giants Meta and Microsoft pour billions into artificial intelligence infrastructure, investors are growing restless waiting for returns. Discover how massive AI spending is reshaping the tech landscape and testing Wall Street's patience.

Saskatchewan's $7B Nuclear Energy Breakthrough

Saskatchewan embarks on a transformative $7 billion nuclear energy partnership with Ontario Power Generation, positioning the province as Canada's next clean energy leader while creating thousands of jobs.

Halloween Candy Prices Soar: Here's Why

Discover the surprising factors driving up Halloween candy prices in Canada, from climate change to supply chain issues, and learn how to save on your spooky treats.

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