Dell’s AI servers drive a stellar earnings performance, and a raised outlook
The company’s backlog has reached $95 billion as demand accelerates for its AI servers
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Trump signs bill funding the government through December
Key insight: The House on Tuesday passed a continuing resolution to fund the government at existing levels through mid-December, and President Donald Trump signed the bill on Wednesday. What’s at stake: The bill averts a government shutdown during the home stretch of the 2026 midterm elections, keeping important programs like crop insurance and development grants…
Oil prices fall as investors weigh supply outlook, Middle East te
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European shares close mixed; US tech stocks lags
European shares are closing mixed on Monday, with Spain’s Ibex (+0.69%) and UK FTSE 100 (+0.35%) leading the gains while France, and Italy lagged. The broader European market was little changed as investors continued to monitor geopolitical developments surrounding Iran and the potential for additional U.S. sanctions. European closing levels: German DAX, -0.07% at 26,118.98…
Stronger Start as Oil Continues Lower
While the Fed may have requested a majority of the market’s attention last week, oil prices were saying “ahem… over here.” Now this morning, the post-Fed trade is even farther in the rearview and oil is offering even louder reminders with the price per barrel now under $93 after cresting $106 last Tuesday. There is no…
Hope Capital commits to Liverpool with revamped headquarters
Hope Capital Property Finance has revamped its head office in Liverpool after growing the company fivefold over the last eight years. The lender has extended its Alaska House to 10,000 square feet after moving to the building in 2018 with a space of 3,000 square feet. Over the same time period, the company has…
Manulife turns hawkish on Bank of Canada with two hike call
“And secondly, you’re probably going to end up having to raise them more than if you moved earlier because things will have gotten more out of hand.” Canada’s limited appetite for further trade escalation with the United States strengthens that case, Lapointe argued, calling the low likelihood of additional tariff moves “likely to be reassuring”…
