Shopify Inc. was the largest drag on Canada's benchmark index
Sharp drops for big tech companies yanked the U.S. market lower
Meanwhile, gold and silver prices rose after paring bigger, early gains
Asset values could drop faster as AI adoption rises, Fitch warns
Plus, new financial planning software gains ground and insurer starts using small language model
Corrado Tiralongo of Canada Life says the paradox of AI is that the major players demonstrate undeniable strength and visible strain at the same time
Corrado Tiralongo of Canada Life says the paradox of AI is that the major players demonstrate undeniable strength and visible strain at the same time
U.S. stock indices fell following profit reports from several big banks
Regulators sign MoU targeting operational resilience, incident recovery
Also, Conquest’s new CEO and new insurance partnership