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Snowflake has officially broken through the billion-dollar barrier for quarterly revenue, posting $1.04 billion for the fiscal first quarter of 2026. This remarkable 26% growth from last year’s revenue of $828.7 million not only marks a significant milestone for the company but also underscores its escalating dominance in the data analytics sphere. The company’s ability
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The recent unanimous passage of the No Tax on Tips Act in the Senate caught many off guard, showcasing the unpredictable nature of contemporary politics. With echoes of President Donald Trump’s 2024 campaign proposals, this legislation stands to create a notable federal income tax deduction of up to $25,000 annually for workers in tip-receiving professions.
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On Wednesday, shares of Canada Goose surged over 20% as the luxury retailer announced impressive fiscal fourth-quarter earnings that exceeded analysts’ expectations. With adjusted earnings per share hitting 33 Canadian cents, compared to the expected 23 cents, and revenue reaching CA$384.6 million—a significant jump from the forecasted CA$356.4 million—it might seem like the company is
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Consumer spending, the lifeblood of economic growth, is displaying an increasingly shaky pulse as we move deeper into 2023. The recent slip in consumer sentiment to its second-lowest reading on record embodies a troubling trend. With Americans tightening their belts, credit card data indicates a discernible pullback in discretionary spending. This begs the question: what
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The recent decision to proceed with the Empire Wind 1 project illustrates the contentious landscape of green energy, particularly in the backdrop of shifting political ideologies. Equinor, the Norwegian energy firm behind the endeavor, is now set to resume construction after a temporary halt instigated by the Trump administration raised significant concerns. The project, once
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