Global News
🏢 Corus Entertainment
Jun 26, 2026
· 7 min read
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Sinking AI stocks leading Wall Street towards a losing week
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Article Excerpt
MONEY
Sinking AI stocks leading Wall Street towards a losing week
By Stan Choe, Matt Ott and Elaine Kurtenbach The Associated Press
Posted June 26, 2026 12:52 pm
Updated June 26, 2026 12:57 pm
4 min read
Canada’s economic output shrank in the fourth quarter, marking the slowest pace of annual growth in a decade, outside of the pandemic. But overall, spending was up, which bodes well for the economy in the months ahead. This data comes amid a major U.S. tech firm's announcement of thousands of layoffs. The company plans to replace workers with artificial intelligence (AI). Heather Yourex-Wes…
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