Amazon earnings trounce estimates

Wall Street estimates. Earnings of $0.94 per share topped expectations of $0.58. Net sales of $143.08 billion beat estimates of $141.56 billion.

The Bank of Canada may not have to raise its key overnight rate further if inflation cools in line with the central bank's expectations, Governor Tiff Macklem said in an interview with the Canadian Broadcasting Corp. "The economy is not overheated anymore and ... we do think there's more inflation relief in the pipeline, and if that comes through, we won't have to raise rates further," Macklem said in a CBC Radio interview aired on Thursday.

Warren Buffett is set to indirectly bet on a tiny nation that's the world's fastest-growing economy and an emerging oil superpower

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Stock market today: Wall Street drifts following more strong economic reportsNEW YORK (AP) — Wall Street is drifting after reports showed the U.S. economy continues to storm ahead despite much higher interest rates that have already lashed the stock market. The S&P 500 was off 0.
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Stock market today: Wall Street tumbles back to where it was in MayNEW YORK (AP) — Wall Street sank back to where it was in May, pulled down by steep drops in several Big Tech companies. The S&P 500 fell 1.
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