Generation X investors, many underprepared for retirement, face significant risks due to heavy reliance on S&P 500 funds as they near retirement age. Unlike baby boomers, fewer Gen Xers have traditional pensions, increasing their dependence on defined contribution plans. Market crashes, like the dot-com bubble burst, show that recovery can take years, posing a threat to those withdrawing funds during downturns. Financial advisors recommend diversifying portfolios with bonds and cash reserves to protect income and reduce the risk of selling investments at a loss during market drops.
Generac is set to report its Q3 earnings, the first since announcing a $1.6 billion backup power deal with Amazon for AI data centers. Investors are keen to see how this deal translates into actual shipments and backlog, especially with a new factory...
This week, 36% of S&P 500 companies, including major players like Amazon, Alphabet, and Microsoft, will release their third-quarter earnings. The earnings season is seen as critical for restoring confidence in a market currently shaken by concerns ov...
The Royal Canadian Legion has launched its 2026 National Poppy Campaign introducing a new contactless donation method using smartphones, supported by BMO and Toucan Giving technology. This innovation allows volunteers to collect donations via debit, ...
Amazon CEO Andy Jassy revealed that AWS computing capacity for 2027 is largely booked, with a substantial portion of 2028 also sold. This reflects strong demand, especially from AI labs, driving Amazon's heavy capital expenditure of around $220 billi...
Amazon has abandoned its $427 million plan to build a large data center campus in Ashburn, Virginia, following strong opposition from local residents and officials. The company will instead rezone the 122-acre site primarily for housing and donate la...
