02:34 PM EDT, 05/10/2024 (MT Newswires) -- Sun Life Q1/24 earnings were a disappointment, with the EPS miss driven mainly by the U.S. Group and Asset Management., notes National Bank. The U.S. Group segment was hampered largely by Dental (i.e., DentaQuest), which explained nearly two-thirds of the total U.S. profit drop, analyst Gabriel Dechaine writes. The business reported negative claims...

02:45 PM EDT, 05/10/2024 (MT Newswires) -- i3 Verticals ( IIIV ) shares fell more than 5% in recent Friday trading after the company reported fiscal Q2 results that missed market expectations and lowered its fiscal year 2024 guidance. Earlier, the company reported fiscal Q2 adjusted earnings of $0.34 per diluted share, down from $0.38 a year earlier. Analysts surveyed...

(Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is working on a search product to potentially compete...

02:31 PM EDT, 05/10/2024 (MT Newswires) -- Avery Shenfeld in his weekly 'The Week Ahead' column said the team at CIBC is getting a lot of questions about the risk of a plunge in the loonie if the Bank of Canada outguns the Fed on rate cuts this year. He said CIBC sees a couple of cents of weakening ahead,...