Canadian Stocks Show Resilience Amid Trade and Geopolitical Tensions
Canadian stocks remained stable as investors weigh the impacts of the Canada-U.S. trade war and rising inflation concerns linked to crude oil prices.
Canadian stocks remained stable as investors weigh the impacts of the Canada-U.S. trade war and rising inflation concerns linked to crude oil prices.
Shares of the Virtus KAR Mid-Cap ETF have dipped below their 200-day moving average, currently trading at $24.78, down 0.7% on the day.
Sam Altman anticipates an AGI system by the end of 2026, but prediction markets express skepticism, indicating potential delays and challenges ahead.
Affirm Holdings reports a revenue increase exceeding $1 billion in Q4 2026, indicating strong demand for buy now, pay later services and potential market
Virtu and Tradeweb have completed the first onchain repo trade using a digital bond from the Marshall Islands, potentially transforming financial markets.
IREN's fourth-quarter loss has unexpectedly increased as the company decommissions its bitcoin mining hardware, impacting its financial performance.
GlobalFoundries has secured a $1.5 billion credit facility led by JPMorgan, enhancing its borrowing capacity as the semiconductor market remains strong.
Granola's new decentralized order book aims to enhance privacy in trading by removing intermediaries and giving users greater control over their transactions.
Kyra Fecteau and Andrzej Skiba analyze record credit issuance and the market's response to the rapid growth of AI in a Bloomberg interview.
Iris Energy's Q4 revenue reached $137 million, falling short of expectations as the company pivots from Bitcoin mining to focus on AI revenue growth.
Alberta's Premier Danielle Smith rejects export taxes on oil to the U.S., warning it could harm the Canadian economy and lead to job losses.
Tech stocks, led by the Nasdaq, rallied after positive earnings reports from Nvidia and Salesforce, indicating strong performance in the sector.
GraniteShares HIPS US High Income ETF shares drop below their 200-day moving average, currently trading at $11.74, down 1.2% on the day.
Marvell Technology achieved record Q2 revenue of $2.74 billion, reflecting a 37% growth fueled by increasing demand for AI in the semiconductor sector.
World Liberty's crypto bank, backed by the Trump family, gains preliminary federal approval as it secures support from a senior UAE official.
Genius Group plans to establish dual treasuries worth $1.6 billion in AI and Bitcoin, following the liquidation of its previous Bitcoin holdings.
Thoma Bravo has made 40 creditor-friendly changes to deal documents as lenders push for better terms amid concerns over AI disruption in the market.
The US Treasury and Federal Reserve are adjusting their debt strategy to prioritize short-term T-bills as 30-year yields reach a 19-year high of 5.31%.
US bank regulators have cut enforcement actions by more than half, focusing on financial risks, which may improve stability but raise oversight concerns.
Solana's recent surge above $100 highlights growing investor interest, even as Bitcoin enjoys a strong performance this month.