
The Daily Chase: Canada's economy grew in February; Amazon under pressure
BNN Bloomberg
The Canadian economy grew in February, but not by as much as economists were expecting.
AMAZON SAYS CLOUD GROWTH IS SLOWING; SHARES SLIDE
Shares of Amazon are trading lower in the pre-market after the company warned of a slowdown in its cloud computing business. Sales growth at Amazon Web Services rose about 16 per cent during the first quarter to US$21.35 billion, topping analyst expectations but marking a deceleration from the previous quarter.
EXXON, CHEVRON AND IMPERIAL OIL TOP Q1 ESTIMATES
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