Equinix gains as record bookings bolster AI data centre growth outlook

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• Suncor Energy tops profit estimates on higher oil prices, margins

  Robust market conditions and strong upstream performance provided a significant boost to the Canadian energy producer's latest financial results. The surge in commodity realizations and refined product margins generated substantial cash flow across its integrated operations. This outperformance strengthens the company's financial position and supports ongoing capital returns to shareholders.

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• Canva cuts 22% of workforce as growth slows for first time

  The visual communication platform is enacting significant staff reductions following an extended period of expansion. Leadership is adjusting the company's operational scale to respond directly to its first period of slowing momentum. This major internal shift signals a turning point for the firm after years of uninterrupted business gains.

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• Canva is announcing changes and layoffs affecting 22 percent of its staff

  Co-founder and CEO Melanie Perkins decided that minor organizational adjustments were insufficient to properly position the enterprise for future growth. The restructuring impacts 1,271 employees through job eliminations, role adjustments, or required office relocations to core operational hubs. Exiting staff members are set to receive minimum severance packages comprising half a year of base pay and a full year of healthcare coverage.

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