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Canada Hits US With C$27.6B Tariff Counterpunch on September 8
Canada imposes C$27.6B in retaliatory tariffs on U.S. goods starting September 8, matching U.S. rates of 15-50% after trade talks fail. Steel, aluminum, and paper products face 50% duties.
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Edge Early Learning enters voluntary administration with 70 childcare centres at risk. KordaMentha appointed to assess operations. Centres remain open for now as administrators review financial position.
Nvidia Posts $96.2B Revenue, Guides 70% Growth for Fiscal 2028
Nvidia crushes Q2 earnings with $96.2B revenue, up 106% year-over-year. CEO Jensen Huang forecasts 70% growth for fiscal 2028, signaling sustained AI infrastructure demand despite supply constraints.
McDonald’s McGold Card Arrives in Australia on September 1 With Nine Lifetime Prizes
McDonald’s brings the legendary McGold Card to Australia starting September 1. Nine winners will receive $30 weekly for 40 years. Customers enter through the MyMacca’s app by purchasing daily Golden Deals.
Federal Judge Blocks Texas Drag Show Ban for Second Time on August 26
Federal Judge David Hittner struck down Texas Senate Bill 12 on August 26, ruling the drag show ban unconstitutional and a First Amendment violation. The law would have fined businesses $10,000 and jailed performers for a year.
Nvidia Beats Q2 Targets, Stock Falls Despite $96.2B Revenue on August 26
Nvidia reported Q2 revenue of $96.2B, beating estimates of $92.3B, and raised Q3 guidance to $105.8B-$110.1B. Data Center revenue jumped 117% to $89B. Stock fell 1.6% despite the beat.
Nvidia Beats Q2 Forecasts With $96.2B Revenue, Guides 70% Growth
Nvidia beats Q2 earnings with $96.2B revenue and $2.22 EPS. CEO Huang forecasts 70% fiscal 2028 growth and reveals major Amazon GPU contract. Stock rises 4% after initial decline.
Trump-Backed Mazzei Wins Oklahoma GOP Governor Primary by 2,020 Votes
Trump-backed Mike Mazzei wins Oklahoma’s GOP governor primary runoff by 2,020 votes over Attorney General Gentner Drummond. Mazzei will face Democrat Cyndi Munson in November.
KOSPI Rebounds 0.97% as Leveraged ETF Outflows Ease Chip Volatility
KOSPI climbs 0.97% to 6,808 as Samsung and SK Hynix gain on chip strength and lower oil prices. Leveraged ETF outflows of nearly $1 billion signal cooling AI investment fervor in South Korea.