Chris Lau
Breaking News Writer at CNN
Breaking news reporter at @CNN | Formerly @SCMP | Views are my own
Articles
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5 days ago |
baystreet.ca | Chris Lau
The consulting business faces substantial headwinds. Artificial intelligence might render consulting work from Accenture (ACN) unnecessary. For example, companies might use AI to generate project management schedules and strategy documents. That would save them from paying consulting fees. In its fiscal Q3 report, Accenture reported revenue of $17.7 billion, up by 7.5% Y/Y. GAAP EPS was $3.49, beating expectations.
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5 days ago |
baystreet.ca | Chris Lau
Meta Platforms (META) historically go big or go home with acquisitions. Its savvy purchase of WhatsApp and Instagram continues to pay off, strengthening the firm’s platform. This time, Meta invested even more. It announced a $14.3 billion investment in Scale AI. That brought tech star Alexandr Wang to the hired staff list. Meta is reportedly planning to hire GitHub’s ex-CEO, Nat Friedman. It also plans to bring Friedman’s business partner, Daniel Gross, to the company.
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5 days ago |
seekingalpha.com | Chris Lau
Jun. 22, 2025 9:30 AM ET, , , , , , , , , , SummaryBlackBerry's weak Q1 outlook and below-consensus guidance highlight ongoing challenges, especially with revenue and EPS estimates trending lower for fiscal 2026. Tariff uncertainties and macroeconomic headwinds continue to pressure the automotive and secure communications segments, limiting near-term growth catalysts for the company.
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1 week ago |
cnn.com | Chris Lau |Laura Sharman |Isaac Yee |Max Saltman
Live Updates Video Ad Feedback Kaitlan Collins' reports on Trump's week on Israel and Iran tension and short G7 trip 03:43 - Source: CNN Kaitlan Collins' reports on Trump's week on Israel and Iran tension and short G7 trip 03:43 • Tehran’s message to US: Diplomacy with Iran can “easily” be started again if US President Donald Trump orders Israel’s leadership to stop striking the country, an official with the Iranian presidency told CNN. But Trump said Friday it would be “very hard” for him to...
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1 week ago |
baystreet.ca | Chris Lau
Last week, markets did not expect the escalating conflict between Israel and Iran. The uncertainty will worsen as markets worry about the U.S. getting involved. Is this the start of a bear market? Iran might have nuclear sites that are deep beneath the surface. Bunker-buster bombs might have the capability of destroying it. Oil prices will continue to surge in response. For the last year, WTI crude prices trended lower, falling from $80 to below $60 in May.
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RT @cnnasiapr: Japan’s farm minister resigns over rice gaffe, as stubbornly high prices threaten government’s grip on power. @hkchrislau ha…
RT @kanis_leung: Hong Kong’s tax authorities targeted at least 20 people, including journalists and their families, with audits without suf…
How a Japanese manga predicting earthquake and tsunami is triggering a wave of anxiety among tourists in Asia planning their trips https://t.co/wCifHu1L9V
